May 6, 2014
ReneSola Ltd ("ReneSola") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, announced it has been contracted to provide 1.6MW in solar modules and 1MW in mounting systems to Consolidated Energy & Economic Engineering Co. ("Consolidated Energy") to power a series of residential and commercial rooftop projects in Jordan.
Under the terms of the agreement, ReneSola will provide 6,400 of its Virtus II 250W modules, along with 1.05MW of roof-mounting structures to Consolidated Energy. 4,400 units will be used for a 1.1MW commercial project to be completed within five months in Amman. The remaining 2,000 units will be used in a number of residential projects.
"This contract win represents ReneSola's biggest sales order in Jordan to date and includes one of the country's largest-ever commercial rooftop projects," said Mr. Xianshou Li, ReneSola's chief executive officer. "We are pleased to provide our high quality modules and mounting systems to Consolidated Energy. This collaboration reflects our steady growth in emerging markets like Jordan and we look forward to expand our market share in the region."
"We chose to work with ReneSola because, in addition to their market-leading module technology, we value the on-the-ground sales and service support that their regional team can provide," said Mansour W. Murad, Consolidated Energy's chief executive officer. "The Jordanian solar market has grown quickly and we look forward to future opportunities to team with ReneSola."
Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola (NYSE:SOL) is an international leading brand and technology provider of green energy products. Leveraging its global presence, and expansive OEM and sales network, ReneSola is well positioned to provide its highest quality green energy products and on-time services for EPC, installers, and green energy projects around the world.
About Consolidated Energy
Consolidated Energy and Economic Engineering (C3E) is a limited liability company that specializes in providing economic energy and engineering solutions to the residential, commercial, governmental and industrial sectors. The company was founded in 1991 by Eng. Mansour Murad to cater for electromechanical services and products, and since 2007 has been executing Energy Savings projects as well as Renewable Energy .(C3E) is ranked among the top companies in the region for Energy conservation. (www.cthreee.com)
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