South Africa-made ReneSola coming

ReneSola has signed a toll-manufacturing agreement with Solairedirect in South Africa, underscoring the success of Chinese suppliers in one of the world’s fastest growing solar markets – and the growing effectiveness of South Africa’s emphasis on local content.

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. The two companies may expand their tolling agreement Log in to read complete article.

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