Renesola sold 13 MW of PV project rights in Poland

Chinese solar project developer Renesola Ltd announced the sale of 13 MW of project development rights to Sunfarming Polska Asset 4 sp.z o.o., a Wroclaw-based investor with in-house project development and EPC provider and a company of the German Sunfarming Group. In November 2018, Renesola was awarded 26 solar utility projects in Poland with capacity of 1 MW each. The 13 MW of project rights sold are part of those 26 solar projects. All of the 26 projects are under Poland's Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff of PLN 354.8 to 358.8 ($91 to $92) per MWh, close to the highest auction price of PLN 364.9 ($93.6) per MWh.

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