PV module and green energy technology manufacturer ReneSola has expanded into Canada and Mexico. The company is already active in the U.S. and has now opened warehouse and office facilities in Mexico City and Mississauga, Ontario.
"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,” said Kevin Chen, president of Americas, ReneSola. “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,” he added.
The company cited the gap between Mexico’s renewable energy target of 35 percent by 2024 and the 4 percent figure recorded for solar, wind and geothermal in 2012. The installed capacity of solar in the country is expected to grow from 60 to 240MW this year alone as the big push on solar and wind begins to ramp up. Ontario, Canada's dominant solar market, has eliminated its domestic content requirement for the third phase of its feed-in tariff program.