{"id":469397,"date":"2021-04-01T06:03:17","date_gmt":"2021-04-01T10:03:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469397"},"modified":"2021-04-01T06:03:17","modified_gmt":"2021-04-01T10:03:17","slug":"renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary\/","title":{"rendered":"ReneSola Power Closes Sale of 12.3 MW of Projects in Hungary"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p \/>\n<p>\n        <span class=\"xn-location\">STAMFORD, Conn.<\/span>, <span class=\"xn-chron\">April 1, 2021<\/span> \/PRNewswire\/ &#8212; ReneSola Ltd (&#8220;ReneSola Power&#8221; or the &#8220;Company&#8221;) (<a target=\"_blank\" href=\"http:\/\/www.renesolapower.com\/\" rel=\"nofollow noopener noreferrer\">www.renesolapower.com<\/a>) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it closed the sale of a portfolio of projects originally disclosed on <span class=\"xn-chron\">January 8<\/span>, 2021.\u00a0The projects are in <span class=\"xn-location\">Hungary<\/span> and were sold to Obton, a leading international solar investment company headquartered in <span class=\"xn-location\">Aarhus<\/span>, Denmark.\u00a0The sale closed on <span class=\"xn-chron\">March 19, 2021<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/707006\/ReneSola_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/707006\/ReneSola_Logo.jpg\" title=\"ReneSola Logo. (PRNewsFoto\/ReneSola Ltd) (PRNewsfoto\/ReneSola Ltd.)\" alt=\"ReneSola Logo. (PRNewsFoto\/ReneSola Ltd) (PRNewsfoto\/ReneSola Ltd.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The portfolio comprises 20 solar plants in five locations, including S\u00e1rbog\u00e1rd, K\u00f6ml\u00f6d, Szajol, Lukacshaza, and T\u00f6r\u00f6kszentmikl\u00f3s, with a combined capacity of 12.3 MW.\u00a0These 20 solar projects, which were successfully connected to the grid in 2020, are now in operation and are qualified under the Hungarian 25-year KAT feed-in tariff scheme.<\/p>\n<p>\n        <b>About ReneSola Power<\/b>\n      <\/p>\n<p>ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company&#8217;s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and <span class=\"xn-location\">Europe<\/span>, where the Company has a market-leading position in several geographies, including <span class=\"xn-location\">Poland<\/span>, <span class=\"xn-location\">Hungary<\/span>, <span class=\"xn-location\">Minnesota<\/span> and <span class=\"xn-location\">New York<\/span>.<\/p>\n<p>\n        <b>About OBTON<\/b>\n      <\/p>\n<p>Obton is an investment and development company that targets land and rooftop owners, developers and financial institutions with the goal of building a broad and risk-diverse portfolio of assets in the field of renewable energy. Our expertise includes development, funding and management of solar PV projects &#8211; primarily projects starting from <span class=\"xn-money\">EUR 10m<\/span> for stable markets in <span class=\"xn-location\">Europe<\/span> and <span class=\"xn-location\">North America<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN29654&amp;sd=2021-04-01\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary-301260398.html\">http:\/\/www.prnewswire.com\/news-releases\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary-301260398.html<\/a><\/p>\n<p>SOURCE  ReneSola Ltd.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN29654&amp;Transmission_Id=202104010600PR_NEWS_USPR_____CN29654&amp;DateId=20210401\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire STAMFORD, Conn., April 1, 2021 \/PRNewswire\/ &#8212; ReneSola Ltd (&#8220;ReneSola Power&#8221; or the &#8220;Company&#8221;) (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it closed the sale of a portfolio of projects originally disclosed on January 8, 2021.\u00a0The projects are in Hungary and were sold to Obton, a leading international solar investment company headquartered in Aarhus, Denmark.\u00a0The sale closed on March 19, 2021. The portfolio comprises 20 solar plants in five locations, including S\u00e1rbog\u00e1rd, K\u00f6ml\u00f6d, Szajol, Lukacshaza, and T\u00f6r\u00f6kszentmikl\u00f3s, with a combined capacity of 12.3 MW.\u00a0These 20 solar projects, which were successfully connected to the grid in 2020, are now in operation and are qualified under the Hungarian 25-year KAT feed-in tariff scheme. About &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ReneSola Power Closes Sale of 12.3 MW of Projects in Hungary&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-469397","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ReneSola Power Closes Sale of 12.3 MW of Projects in Hungary - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ReneSola Power Closes Sale of 12.3 MW of Projects in Hungary - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire STAMFORD, Conn., April 1, 2021 \/PRNewswire\/ &#8212; ReneSola Ltd (&#8220;ReneSola Power&#8221; or the &#8220;Company&#8221;) (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it closed the sale of a portfolio of projects originally disclosed on January 8, 2021.\u00a0The projects are in Hungary and were sold to Obton, a leading international solar investment company headquartered in Aarhus, Denmark.\u00a0The sale closed on March 19, 2021. The portfolio comprises 20 solar plants in five locations, including S\u00e1rbog\u00e1rd, K\u00f6ml\u00f6d, Szajol, Lukacshaza, and T\u00f6r\u00f6kszentmikl\u00f3s, with a combined capacity of 12.3 MW.\u00a0These 20 solar projects, which were successfully connected to the grid in 2020, are now in operation and are qualified under the Hungarian 25-year KAT feed-in tariff scheme. About &hellip; Continue reading &quot;ReneSola Power Closes Sale of 12.3 MW of Projects in Hungary&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-01T10:03:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/707006\/ReneSola_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ReneSola Power Closes Sale of 12.3 MW of Projects in Hungary\",\"datePublished\":\"2021-04-01T10:03:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary\\\/\"},\"wordCount\":323,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/707006\\\/ReneSola_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renesola-power-closes-sale-of-12-3-mw-of-projects-in-hungary\\\/\",\"name\":\"ReneSola Power Closes Sale of 12.3 MW of Projects in Hungary - 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