ReneSola Provides 1MW of PV Modules to Hecate Energy in Entrance into Southeastern U.S.
SAN FRANCISCO, Nov. 20, 2013 /PRNewswire/ -- ReneSola Ltd. ("ReneSola") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced it has delivered 1MW of its 305W Virtus II PV modules to Hecate Energy, a leading U.S. based developer of power projects. The 3,280 1000V modules will power a project being built by Hecate Energy in Georgia of southeastern U.S.
Mr. Fazli Qadir, Hecate Energy's chief technology officer, said, "We're excited to be building our first utility-scale project in the Southeast, an expanding market in the U.S. with great potential in the coming years. Hecate Energy selects its vendor partners very carefully, particularly when entering a new market. We found that ReneSola offered the best value and quality as the module supplier."
Mr. Kevin Chen, president of ReneSola America, added, "Hecate Energy is pioneering the Georgia market with this project and we're excited to have been selected as the module supplier. We look forward to working with Hecate on more projects in 2014 and beyond."
Hecate Energy delivers power projects - from planning and inception through construction and continuing operations. The company specializes in solar and wind power, natural gas plants, and energy storage, unearthing creative approaches to structuring PPAs and financing power projects both in the United States and abroad. Hecate Energy believes in collaborative, long-term partnerships with the communities, organizations and countries it serves.
Founded in 2005, ReneSola (NYSE: SOL) is a leading brand and technology provider of solar PV products. Leveraging its proprietary technologies, economies of scale and technical expertise, ReneSola uses in-house virgin polysilicon and a vertically integrated business model to provide customers with high-quality, cost-competitive products. ReneSola solar modules have scored top PVUSA Test Conditions (PTC) ratings with high annual kilowatt-hour output, according to the California Energy Commission (CEC). ReneSola solar PV modules can be found in projects ranging in size from a few kilowatts to multi-megawatts in markets around the world, including the United States, Germany, Italy, Belgium, China, Greece, Spain and Australia. For more information, please visit www.renesola.com.
For investor and media inquiries, please contact:
Ms. Laura Chen
Mr. Derek Mitchell
Ogilvy Financial, Beijing
In the United States:
Mr. Brian Armentrout
Mr. Justin Knapp
Ogilvy Financial, U.S.
SOURCE ReneSola Ltd.