ReneSola Ltd (Shanghai, China) on February 6th, 2017 provided an updated outlook for its solar photovoltaic (PV) rooftop project pipeline in China.
As of January 31st, 2017, the
company reports over 393 MW of rooftop solar PV projects in
“shovel-ready” stage. All of the projects have been filed with National
Development and Reform Commission, and the Company has obtained legal
rights to develop these projects.
The projects are located in Zhejiang, Jiangsu,
Anhui, Jiangxi, Shandong, Hubei, Henan, Hebei, Shanxi, Fujian and
Guangdong Provinces.
According to China's 13th Five-Year Plan
for Development of Power Industry, the country is targeting an installed
capacity of distributed generation (DG) solar power of 60 GW by 2020.
China had 10 GW installed capacity of distributed
generation solar power at the end of 2016 according to National Energy
Administration.
“In 2016, we identified the great opportunity in
China's domestic distributed generation market. Over the last few
months, our domestic distributed generation pipeline has expanded
rapidly from 16 MW as of August 31st, 2016 to 393 MW as of January 31st,
2017, demonstrating the potential of this opportunity,” comments
Xianshou Li, Chairman and Chief Executive Officer of ReneSola.
source: http://www.solarserver.com
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