The deal will see French PV group Solairedirect make 120MW of ReneSola-branded modules at its Cape Town factory over the next three years.
Solairedirect has committed to using 20MW of the ReneSola modules at its own South African projects, more than covering the duo of second-round PV arrays totaling 18GW for which it was named preferred bidder last year.
In addition, Solairedirect, a significant developer in India and other emerging markets, will buy 34MW of the ReneSola modules for use globally.
