SAN FRANCISCO, Dec. 6, 2013 /PRNewswire/ -- ReneSola Ltd. ("ReneSola") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced that it will partner with LTS Energy to develop a 330 kW solar project for "Ranch 41," a farm in Fallbrook, California. ReneSola will provide its high-efficiency Virtus II 305W polycrystalline modules for this fixed tilt ground mount PV project.
ReneSola and LTS Energy previously collaborated on a 273 kW solar power system for Peppercorn Mutual Water Company in Pauma Valley, California earlier this year. ReneSola and LTS Energy are also discussing plans for additional solar projects in California of several megawatts.
Mr. Kevin Chen, president of ReneSola America stated, "LTS Energy is an experienced developer and holds its PV equipment suppliers to a high standard. "Ranch 41" marks our second project with LTS, and we look forward to partnering with them on additional projects in the future."
Larry Slominski, president of LTS Energy stated, "California farmers recognize the value of solar electric power systems that allow them to "Farm the Sun"™ to offset the high energy costs of pumping water. In partnership with ReneSola, we have provided California farmers with significant returns on their investments in solar power. An increasing number of farmers in the region are seeking our support to develop solar projects, and we look forward to partnering with ReneSola to meet this growing demand."
Founded in 2005, ReneSola (NYSE:SOL) is a leading brand and technology provider of solar PV products. Leveraging its proprietary technologies, economies of scale and technical expertise, ReneSola uses in-house virgin polysilicon and a vertically integrated business model to provide customers with high-quality, cost-competitive products. ReneSola solar modules have scored top PVUSA Test Conditions (PTC) ratings with high annual kilowatt-hour output, according to the California Energy Commission (CEC). ReneSola solar PV modules can be found in projects ranging in size from a few kilowatts to multi-megawatts in markets around the world, including the United States, Germany, Italy, Belgium, China, Greece, Spain and Australia. For more information, please visit www.renesola.com.
About LTS Energy
LTS Energy is a solar project development and management firm that specializes in supporting commercial customers plan and install their own solar projects. LTS assists clients with project design, budgeting, permits and construction, and provides additional contracting services as required through its subsidiary LTS Solar Energy, a California C-46 licensed contractor. LTS Energy's principle, Larry Slominski is a NABCEP certified installer and professional engineer with over 30 years of experience in solar electric power. For more information, please contact firstname.lastname@example.org (+1-760-505-6822).
SOURCE ReneSola Ltd.