ReneSola has sold a 40.13% stake in its Chinese subsidiary, Zhejiang ReneSola Investment, for RMB200m ($3.5m) to an unnamed investor. The investment closed on 2 May 2018. The company said it would use the money to expand production and invest more on research and development.
ReneSola has sold a 40.13% stake in its Chinese subsidiary, Zhejiang ReneSola Investment, for RMB200m ($3.5m) to an unnamed investor. The company said it would use the money to expand production and invest more on research and development.