NYSE:SOL   France   English
Global Business Introduction

ReneSola Power targets a number of countries and regions where the solar power project markets are growing rapidly now, and should sustain that growth due to improved clarity around government policies. We have built local professional teams in 10 countries around the world, and our business spreads across the U.S., China, Poland, Hungary, Spain, France, the U.K., Germany, and Italy. Beyond these countries, we are actively pursuing other emerging markets in Europe including the Czech Republic and Greece. 

In the U.S., our late-stage projects include community solar projects in Minnesota, Maine, and New York. Additionally, we have projects under development in Florida, Pennsylvania, Illinois, and California, and we operate utility projects in North Carolina. 

In China, our key geographic focus will be in the Yangtze River Delta area, which has attractive electricity tariffs and is one of the major metropolitan areas designated to play a pivotal role in the country's future economic growth. As discussed previously, we intend to expand our IPP assets, where we are taking a disciplined approach and selectively adding high-quality and profitable projects to the pipeline. In addition, we have built a late-stage pipeline of 74 MW of DG projects located in various provinces across China, including Zhejiang, Jiangsu, Anhui, etc. 

Our Project Development Business benefits from an intense focus on small-scale projects in diverse jurisdictions with a high PPA/FIT price that generates attractive returns. As of March 31, 2022, our quality mid-to-late-stage pipeline was 2.1 GW, we have successfully completed ~900 MW of solar power projects, and is operating approximately 183 MW solar power projects globally. We continue to focus on profitable markets, including the U.S. and Europe, where we see tremendous growth opportunities with high-quality projects. 


  • United States
  • Europe
  • China
  • Other Geographies

United States: Community Solar, Utility-Scale Solar and Battery Energy Storage System (BESS)

ReneSola Power develops clean and renewable energy for utilities, commercial and industrial, and residential consumers. We deliver innovative and reliable solar and battery assets for long term institutional investors and IPPs.

Our project development process includes site selection, solar resources and grid analysis, battery solution development, engineering design and system optimization, grid interconnection, permitting, and power purchase agreement (PPA) sourcing.

Community Solar

With a track record spanning over 100 MW, we have been actively developing community solar projects in Minnesota, New York, Maine, Utah and other states. Our projects are creating stable income for landowners, local employment opportunities, and tax income for local communities while supplying clean energy alternatives.

Utility-Scale Solar and BESS

We are developing large-scale solar and BESS projects to supply clean energy to utilities, commercial and industry consumers, Co-ops, and Community Choice Aggregators (CCAs).

We have a team of experts who are from leading US utilities and other project development firms, with over 300 MW of experience in project development, project finance, PPA's, and collaborations with top ranking utilities and IPPs, such as Duke Energy and NRG Energy.

In order to supply stable and reliable clean energy to the grid, we are developing solar with smart storage solutions. Our team develops projects at strategic locations and grid nodes, and designs the systems to ensure our assets can be operated to generate, store, shape and dispatch power to fulfill the needs of the market.

Selected Projects and Team Experience



Europe: Small-scale Projects with FiT

Over the past years, ReneSola Power has demonstrated its skill in developing and operating solar projects, completing long-term financing transactions and monetizing projects to generate profits in the downstream segment of the solar industry across Europe. Poland, Hungary and France are key markets for us, and ReneSola has emerged as one of the larger project developer here. We are proud of our ability to create value in EU, and believe that we are well-positioned to drive more growth in the years ahead.


Monetizing Our Efforts

  • Sold 175 MW of projects awarded in the 2016, 2017, 2018, 2019, 2020 and 2021 auctions;

  • Launched a New Round of PV Farm Development and seeks Shovel-ready Projects in Poland.

Recognized Name

  • Leveraging this auction success, ReneSola Power is partnering with well-known utilities, EPC contractors, Investors, financing institutions and experienced developers for potential cooperation;  

  • ReneSola Power is one of the largest players in Poland.

Project Pipeline

Business momentum accelerated in recent months. As of March 31, 2022, we had ~620 MW of projects in our development pipeline.


Successful Cases




Robust Growth

  • Total installed capacity: 235MW(2016); 344MW(2017); 665MW (2018); 1.15 GW (as of Oct 2019); 

  •  New installations: 63MW(2016); 109MW(2017); 321MW (2018); 485 MW (2019); Tender Regime in 2020 with 500 MW for solar, and 2021 with 300 MW for solar.

Competitive Financing

  • Competitive project finance available from EU financing institutions and local bank.

Project Pipeline

In Hungary, we invest in small-scale DG projects. Our late-stage pipeline has a total capacity of 102 MW, as of March 31, 2022.


Successful Cases



Market Opportunities

  • Ambitious national targets. Environment Minister just announced 40% RES by 2030. Annual growth of 2 GW necessary by 2023. 

  • Consolidated market with experienced international players and high demand in Ready to Build (RTB) projects. 

  • Bid systems supported by government ensure current development on restricted areas: allows PV rooftop, shade houses & ground mounted. Each category benefits from a specific unique tender tariff around USD 0.06 /kwh to USD 0.09/kwh over the 20-year period. 

  • Easy access to financing and have the competitive project financing rate: around 2.5% at 20 years.

Project Pipeline

In France, we have a project pipeline of 112 MW, all of which are ground-mounted projects.


Successful Cases



Market Opportunities

  • Well developed market with experienced international players; High demand for Ready to Build (RTB) projects on the market; 

  • Best Solar Yield in Europe, our projects are in south of Spain-- mainly in Murcia Region > 2,000 MWh/MW per year; 

  • Extremely competitive project financing

Project Pipeline

We have a late-stage pipeline of 304 MW of ground-mounted projects located in various regions across Spain.


Other Successful Cases


China: New DG Projects, IPP Mode

ReneSola Power Advantages

  • Focus on Yangtze river delta area which has high economic growth and strong support China policy.

  • 25-year or above PPA; 85% net meeting, and rest to be sold to the network.

  • Focus on high credit off-takers and high IRR.

  • Efficient funding, smooth execution.

New DG projects

We have a late-stage pipeline of 74 MW of DG projects located in various provinces across China.


Additionally, in China, we now operate approximately 159 MW of rooftop solar, concentrated in a few eastern provinces with favorable development environments. The commercial and industrial electricity prices in those provinces are relatively high, and electricity off-takers are generally credit-worthy enterprises. Self-consumption DG projects in those provinces are attractive investments.

Successful Cases



Beyond the U.S., EU and China, we continue to actively pursue opportunities in other international markets.