ReneSola Ltd has announced that it has entered into a bridge financing agreement with Eiffel Energy Transition Fund for its photovoltaic projects in Hungary and Poland.
Under the terms of the agreement, Eiffel Energy Transition Fund will finance ReneSola's 41.3 MW projects in Hungary and 55 MW projects in Poland in the amount of EUR13,428,000 (US$15,224,300).
Photon Energy has started construction as EPC contractor on eight photovoltaic power plants with a total capacity of 5.5 MWp in Almásfüzitő, Hungary. The project involves the develo...
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Read moreThe acquisition agreement has been signed. The transaction is seen closing in the first quarter of 2018. Buyer´s joint venture will have a 50-50 ownership split
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