Vertically integrated Chinese solar company ReneSola has completed the sale of a 16.5 MW solar farm in England to Channel Island-headquartered investment vehicle Foresight Solar Fund Limited (FSFL) for an undisclosed fee. The sale of the solar farm in Membury, southern England, is the third such transaction between ReneSola and FSFL, following the sale earlier this year of the 34.6 MW Port Farm development and the 6.4 MW Field House solar farm, which were sold in August and July respectively. ReneSola's has sought in recent months to augment its downstream activity, and was successful in the U.K. in developing a project pipeline of 71 MW - all of which has now been sold to investors. The entire portfolio was connected to the U.K. grid in time to qualify for the Renewable Obligation Certificate (ROC) scheme at a rate of 1.4 ROC/MWh. Each project also utilized ReneSola's Virtus II modules. "Our downstream strategy has taken root, with downstream partners like FSFL recognizing ...Den vollständigen Artikel lesen ...