ReneSola Power, a fully integrated solar project developer, has signed an MoU with the Eiffel Investment Group, an asset management firm. As part of this agreement, the two companies will form a joint venture (JV) to finance ReneSola Power’s current and future solar projects across Europe. ReneSola Power will have a 51 per cent ownership stake with Eiffel having the remaining share. The JV aims to develop up to 1 GW of solar power projects across Europe in the next few years.
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