Renesola Solar PV Park III is a 50MW solar PV power project. It is planned in the UK. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 50 | – | 50 | Permitting | the UK | Innova; Renesola |
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Description
The project is being developed by Innova and Renesola. These companies also have ownership stakes in the project.
Renesola Solar PV Park III is a ground-mounted solar project.
The project cost is expected to be around $45.75m.
Development Status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
About Renesola
Renesola Ltd (ReneSola) is a solar project developer and operator of energy efficient products that manufactures polysilicon, monocrystalline and multi crystalline solar wafers, and solar photovoltaic cells and modules. The company also develops, builds and sells solar power projects across Europe, North America, Asia and other emerging markets. It carries out engineering, procurement and construction service providers and installers, and green energy projects across Asia Pacific, Europe, North America, South America, Africa, and other regions. ReneSola has original equipment manufacturing facilities in Japan and Poland; and polysilicon facilities in China. ReneSola is headquartered in Stamford, Connecticut, the US.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
