ReneSola Signs Framework Agreement for 250MW Annual PV Module Supply.

ReneSola recently signed a 250MW module supply framework agreement with Serrana Solar, one of the largest distributors in Brazil, marking a significant milestone for ReneSola in the Brazilian PV module market. Under the terms of the agreement, ReneSola will supply a total of 250MW of photovoltaic modules to Serrana Solar over the next year. This landmark partnership signifies a significant expansion of our business portfolio and reaffirms our strong commitment to sustainable energy solutions.

Based on local requirements for reliability, safety, service life, and cost-effectiveness of PV modules, ReneSola offers customers highly efficient and reliable N-TOPCon and PERC series modules. These modules are known for their excellent performance in low-light conditions, resistance to potential-induced degradation (PID), low attenuation, and cost-effectiveness in balance of system (BOS) costs. They can be extensively utilized in large-scale ground-mounted power stations, industrial and commercial distributed projects, providing stable power security for the development of local photovoltaic power generation projects. It can be widely used in large-scale ground power stations, industrial and commercial distributed projects, etc., providing stable power for local photovoltaic (PV) power projects.

Currently, ReneSola's modules to be used in the Brazilian project, RS6-585NG-E3, and other models of photovoltaic modules utilize the latest N-type TOPCon cell technology. The maximum output power of the module reaches up to 585W, with the highest conversion efficiency being 22.65%. It adopts high-efficiency bifacial power generation technology, and the gain of bifacial power generation increases with the light received from the back side, which significantly reduces the life cycle cost (LCOE) of the product. At the same time, TOPCon modules have a lower degradation rate of 1% in the first year and 0.4% per year compared to conventional modules, resulting in a higher power generation yield.

The signing of this agreement also marks a significant new milestone in the partnership between ReneSola and Serrana Solar, showcasing the dedication of both companies to the Brazilian PV industry. 250MW is not just a number; it is a minimum target for both of our companies, motivating us to deliver the best products and services to the Brazilian market.

As a professional PV module manufacturer, ReneSola will continue to export PV modules in various specifications to meet the demands of the Brazilian market comprehensively. This will help generate power for a more sustainable future on a low-carbon planet.