ReneSola, a fully-integrated solar project developer and provider of energy-efficient products, provided an updated outlook for its project business.
In the U.S., the company plans to construct 108 MW of projects in 2017, 70 MW of which are community solar projects. The projects are located in California, North Carolina and Minnesota.
Xianshou Li, chairman and CEO of ReneSola, said, “We now anticipate fewer external module shipments in the first quarter of 2017 as we had redirected more module sales to our own downstream projects. That said, we expect project sales to pick up in the second quarter. Overall, we remain optimistic about our project development business.”
News item from ReneSola