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ReneSola enters agreement with Beijing Enterprises Clean Energy

Staff Writer |
ReneSola signed a framework agreement with a wholly owned subsidiary of Beijing Enterprises Clean Energy Group, to develop 335 MW of rooftop solar projects in China.

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The project is to be located in Hebei, Shandong, Fujian, Shanxi and Jiangsu Provinces.

Under the terms of the framework agreement, ReneSola will be responsible for the engineering, procurement and construction of the projects, while Beijing Enterprises Clean Energy will provide financing for the projects during construction.

Upon completion, ReneSola will sell the projects to Beijing Enterprises Clean Energy Group. The projects are anticipated to be completed by June 30, 2017.

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