ReneSola Ltd. (NYSE: SOL) announced Dec. 3 its final expected 2013 module deliveries to SunEnergy1, one of North Carolina’s leading solar engineering, procurement, and construction (EPC) firms.
By the end of this year, SunEnergy1 will complete 63 MW worth of projects consisting of more than 210,000 ReneSola Virtus II high efficiency 300W and 305W 72-cell polycrystalline PV modules.
“SunEnergy1 ordered a significant amount of product from ReneSola during our first year working together, due to their high level of confidence in our brand and technology. Our cooperation with SunEnergy1 was a major driver of growth of our U.S. shipments in 2013, after entering the market only two years ago. SunEnergy1’s orders will account for a substantial share of our total U.S. deliveries this year, as a number of our U.S. wins in 2013 will be shipped after year-end,” said Kevin Chen, president of ReneSola America.
“Our business model requires our module supplier to possess nimble logistical capabilities and domestically held inventory, and to consistently provide top quality durable modules,” said Kenny Habul, CEO of SunEnergy1. “ReneSola has gone above and beyond our expectations, proving their ability to satisfy our high requirements, resulting in what we expect will be a long-term relationship with one of the nation’s leading PV module suppliers.”
Founded in 2005, ReneSola is a leading brand and technology provider of solar PV products. 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.
SunEnergy1 is a full-service solar technology company dedicated to providing affordable and renewable energy to clients. It is one of the largest and most integrated solar companies on the East coast, providing comprehensive product and service solutions for the commercial and industrial sectors.