ReneSola sells 24-MW North Carolina solar project

By Kelsey Misbrener ReneSola, a fully-integrated solar project developer and provider of energy-efficient products, announced that it signed an agreement to sell a portfolio of its ground-mounted projects located in North Carolina to a subsidiary of Panda Green Energy Group Limited, a leading investor and operator focusing on renewable energy sector (“Panda Green Energy”, formerly known as “United Photovoltaics Group Limited”).
Powered by ReneSola’s Virtus II 320W and 325W modules, the ground-mounted projects have an aggregate capacity of approximately 24MW and will sell the power generated to a local utility under a 15-year power purchase agreement. The projects are expected to be connected to

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