ReneSola secures financing via Eiffel Energy for Poland solar projects

By Taylor Fox

Chicago, July 24 – ReneSola Ltd has closed a $12.1 million bridge financing with Eiffel Energy Transition Fund to finance the construction of ReneSola Power’s 19-megawatt solar projects in Poland, according to a news release.

This is the second bridge financing the Eiffel Energy Transition Fund has provided to ReneSola to support its project development and execution efforts in both Poland and Hungary.

“Despite ongoing challenging macro conditions related to Covid-19, we have begun construction of the 19 MW solar projects in Poland,” said ReneSola CEO, Yumin Liu. “We are very pleased with our progress, and look forward to further supporting solar deployment in the years ahead.”

ReneSola is a solar project developer and technology provider of energy-efficient products. The company is based in Shanghai.

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