WASHINGTON (dpa-AFX) - Emeren Group (SOL) announced the signing of a 7-year Power Purchase Agreement. The company said its solar farm, located in Poland's southwest Silesia region, will supply clean energy under a pay-as-produced agreement to the Polish subsidiary of a consumer goods business. The solar farm will generate approximately 14,958 MWh of renewable energy annually.
Yumin Liu, CEO of Emeren Group, said, 'The successful signing of a 7-year PPA demonstrates our ability to execute on critical aspects of our renewable energy strategy in key markets.'
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