ReneSola will expand its operation service into North American. The company has opened new offices and warehouse facilities in Mexico City, Mexico and Mississauga, Ontario in Canada.
Kevin Chen, President of Americas said, "ReneSola is expanding its North America footprint in both Mexico and Canada, offering local technical and business solutions, which have driven our success in similar markets. The new offices will allow ReneSola to better serve our local customer base with a centrally located, easy-access hub. Furthermore, the expansive facilities offer fast freight processing and state-of-the-art security."
Mexico expects to generate 35% of its energy from renewable sources by 2024. In 2012, only 4% of the country's electricity was generated from wind, solar and geothermal sources. The Mexican government is anticipating enormous increases in solar and wind power capacity for 2018, with the solar market's installed base expected to quadruple from 60 MW to 240 MW by the end of this year.
Canada's PV market is mainly concentrated in Ontario, a result of the province's feed-in tariff (FIT). Previous FIT programs required solar projects to be powered by "domestic content" equipment made in Ontario. The third phase of the program (FIT3) has eliminated this requirement. Besides, ReneSola Canada recently joined the Canadian Solar Industry Association (CANSIA).
"We can provide enhanced solutions to optimize support for our Canadian customer base of distributors and installers," said Mr. Chen.