ReneSola to Deliver 6.8MW of Virtus II Modules to Pristine Sun in California
ReneSola (NYSE: SOL) today announced it will deliver 6.8MW of its high efficiency Virtus II 72-cell 300W polycrystalline photovoltaic (PV) modules to one of California's leading project developers, Pristine Sun.
"Our partnership with Pristine Sun in this multi-array project is another example of our expansion in California this year, and signals the growth of our brand recognition in the region. We have delivered two thirds of the total order of 6.8MW and have received excellent feedback on our products and service from Pristine Sun thus far," said Kevin Chen, president of ReneSola America. "Pristine Sun has a strong reputation in the industry, which has enabled it to receive support from major players."
Panasonic is providing the construction financing and performance guarantee, while Mosaic will provide take-out financing. The 6.8MW order is being installed by several contractors, resulting in a complex project with challenging schedules. This ground-mount project will consist of single-axis trackers, and is part of a portfolio of 75MW of similar projects being developed by Pristine Sun in California.
"We are impressed by ReneSola's outstanding responsiveness and attention to detail when it comes