Over Next Five Years, Why Revenues for Solar Farm Developers Industry Are Expected To Steadily Rise - Seite 3

Other recent Solar developments in the markets include:

Sunrun Inc. (NASDAQ: RUN) recently, nationally recognized community development organization, Self-Help Enterprises and Sunrun, the nation's leading home solar, battery storage, and energy services provider, held a ribbon cutting ceremony to celebrate the completion of a new solar installation to 60 affordable rental homes in this agricultural community in the San Joaquin Valley. The Sand Creek solar project is 138 kilowatts, which provides nearly $50 per month bill savings for residents, along with job training in the rapidly growing clean energy sector.

In 2018, Sunrun made a commitment to develop 100 megawatts of solar on affordable multifamily housing in California by 2030 via the state Solar on Multifamily Affordable Housing. Additionally, in 2021, Sunrun pledged to bring at least 500 megawatts of low-income solar to people across the country by 2030. These efforts will bring the benefits of solar to hundreds of thousands of families.

"I'm thrilled that Sunrun and Self-Help Enterprises are expanding solar access and bill savings to renters living in the Central Valley," said Lynn Jurich, Sunrun's CEO and co-founder. "This partnership is just getting started."

ReneSola Ltd (NYSE: SOL), a leading fully integrated solar project developer, recently announced the signing of a strategic partnership agreement with Emeren, a London, United Kingdom-based project developer specialized in the development of renewable energy power plants in Europe and other international markets, to co-develop ground-mounted solar projects in Italy, with a pipeline of several transactions scheduled for 2021.

As part of the agreement, ReneSola Power and Emeren will develop projects in a broad range of sizes across the country, with a target of reaching 110 MW shovel-ready projects by 2022. The two companies expect the collaboration to further strengthen their presence in the Italian market.  Mr. Josef Kastner, CEO of ReneSola Power European Region, commented, "We are excited to work together with Emeren. ReneSola Power is committed to accelerating solar development in Europe, and together with Emeren, we expect to bring a range of high-quality projects to the Italian market, enabling further growth in the region."