The company will provide 15 kW of soalr modules for the offgrid project which also doubles up as a test-bed for offgrid solutions. ReneSola's modules will arrive in Medina early this year and will charge the plant's battery.
Commenting on the contract win, Xianshou Li, founder and chief executive officer of ReneSola said, "An off-grid solution, particularly one with PV modules powering an energy storage system, can be far more cost-effective than delivering electricity to a small area by conventional means. At the same time, a PV solution can typically be completed faster than grid-connected projects, which provides additional incentive for developers to go with an offgrid PV alternative. We believe such offgrid solutions will find a niche in the PV market, particularly in emerging markets like Africa, South America and the Middle East, where we are already seeing demand. With our new presence in Saudi Arabia, we will continue to work to expand our business and bring innovative PV solutions to the region."
GTM Research had released a report stating that Saudi Arabia will have the highest demand and will probably be the region's first gigawatt-scale market by 2015. Nearly 70% of the demand is expected to come from Saudia Arabia and its K.A. CARE program.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.