As the Foreign Module Supply Tension is rising in India, ReneSola Ltd a manufacturer of Solar PV modules and
wafers, today announced it has agreed to provide Enerparc AG, a provider of solar power plant installation and operation services, with
43.6 MW of solar modules, 35 MW of which will be delivered
through OEM's in Poland and India.
"Enerparc places great emphasis on reliability
and quality. Their trust in ReneSola reaffirms the value of our solar
module business," said Mr. Xianshou Li, ReneSola's chief executive
officer. "We're confident our competitively priced, high-efficiency
solar modules and excellent delivery track record will help Enerparc
achieve its project goals.
Furthermore, our strong relationships with a
number of OEMs allow us to maximize our international reach while
lowering costs. We look forward to working with Enerparc and hope to
develop a long-lasting relationship that will facilitate the wider use
of renewable energy."
"The current market conditions are manageable for companies who are deep in the value chain," mentioned Stefan Mueller , COO of Enerparc.
Under the terms of the agreement, ReneSola and
its contracted OEMs will deliver 43.6 MW of solar modules to Enerparc
between April and June of this year. Enerparc operates more than 400 MW as IPP and sees further opportunities in India and the United States.
