ReneSola Ltd (NYSE: SOL), a leading brand and technology provider of solar photovoltaic (PV) products will deliver 6.8MW of its high efficiency Virtus II 72-cell 300W polycrystalline PV modules to project developers, Pristine Sun, in California.
Kevin Chen, president of ReneSola America stated that, currently, the company has delivered two thirds of the total order.
Construction financing and performance guarantee is provided by Panasonic. Mosaic will provide takeout financing.
The 6.8MW order is being installed by several contractors and will include single-axis trackers. This project will add to Pristine Sun's 75 MW portfolio being developed in in California.
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