ReneSola sells 16.5 MW project in UK to Foresight Solar Fund

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ReneSola has sold its 16.5 MW Membury utility scale project in the United Kingdom to Foresight Solar Fund.

This represents ReneSola’s third project sale to Foresight Group.

Earlier, ReneSola sold its 34.6 MW Port Farm project to FSFL in August 2015 and its 6.4 MW Field House project in July 2015 to other funds managed by Foresight.

ReneSola CEO Xianshou Li said: “The development and sale of our 16.5 MW Membury project, which was the last part of our initial pipeline of 71 MW of projects we developed in the UK, further strengthens our foothold in the downstream market.”

The Membury project utilizes ReneSola’s Virtus II modules.

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