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Investors - JULY 30, 2021

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ReneSola and Emeren strengthen foothold in Italian solar market

by Kali Persall

ReneSola has signed a strategic partnership agreement with Emeren, a London-based renewable energy developer, to co-develop ground-mounted solar projects in Italy.

ReneSola Power and Emeren will develop projects in a broad range of sizes across the country, with the goal of reaching 110 megawatts shovel-ready projects by 2022.

The partners have a pipeline of several transactions scheduled for this year and expect the collaboration to strengthen their presence in the Italian market.

“We are excited to work together with Emeren,” said Josef Kastner, CEO of ReneSola Power European Region. “ReneSola Power is committed to accelerating solar development in Europe, and together with Emeren, we expect to bring a range of high-quality projects to the Italian market, enabling further growth in the region.”

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