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Detail – Energy Country Profile

ReneSola secures finance for 96 MW of PV in Hungary and Poland

The solar project developer ReneSola Ltd closed a bridge finance deal with Eiffel Energy Transition Fund for 96.3 MW of solar projects to be located in Hungary and Poland.

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Photo credit: Unplash/American Public Power Association 

According to the agreement, Eiffel Energy will finance 41.3 MW of photovoltaic projects in Hungary and 55 MW of PV schemes in Poland, with a package for EUR 13.43 million. The solar company will continue to develop projects in the region because of the expected significant market growth.