ReneSola closes acquisition of solar and energy storage assets of Nova Development

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

ReneSola Ltd a leading fully integrated solar project developer has closed the acquisition of selected assets, including DG and solar-plus-storage projects, from Nova Development Management, for a gross purchase price of approximately US$3.8 million.  

The acquisition has immediately increased Renesola Power's development pipeline by approximately 200 MW. It provides the Company with access to utility projects and development activities in a number of states, including Pennsylvania, California, New York, Maine, Illinois, and Arizona. In addition, this transaction strengthens the Company's capabilities and scale and enhances its position for creating value in the quarters ahead.

List of the country updates

Country updates

  • December 15, 2020

    Black Hills starts operating 52.5 MW Corriedale Wind Energy Project in Wyoming

    Black Hills Corp. has completed construction on its US$79 million Corriedale Wind Energy Project near Cheyenne, Wyoming, and the project is producing wind energy for customers who subscribed to its Re...

    Read more
  • December 15, 2020

    Southern Power commissions 136.8 MW Skookumchuck wind project in Lewis and Thurston Counties

    Southern Power has commissioned the 136 megawatt (MW) Skookumchuck Wind Facility in Lewis and Thurston Counties, Washington. Skookumchuck Wind Facility consists of 38 wind turbines manufactured by Ve...

    Read more
  • December 15, 2020

    TransAlta finalizes investment in 136.8 MW Skookumchuck wind project in Washington

    TransAlta Corporation has closed its 49 percent equity investment in the Skookumchuck Wind Project with Southern Power Company, a subsidiary of Southern Company. Skookumchuck is a 136.8 MW wind projec...

    Read more
  • December 14, 2020

    South Dakota approves 128 MW Wild Springs Solar Project in Pennington County

    Geronimo Energy and Basin Electric Power Cooperative have executed a power purchase agreement (PPA) for the 128 MW Wild Springs Solar Project. Wild Springs is a clean solar energy project located in...

    Read more
  • December 10, 2020

    Clearway Energy acquires 35% stake in 290 MW solar project in USA

    Clearway Energy, Inc. announced that it has entered into an agreement to acquire a 35% interest in the Agua Caliente solar project. Agua Caliente is a 290 MW utility-scale solar project located in&nbs...

    Read more

Share this update