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ReneSola announced the sale of two ground-mounted solar parks in Romania totaling 15.4 MW to Alternus Energy Group for €24 million.

The two ground-mounted solar projects include a 9.4 MW solar park located in the municipality of Costestii din Vale in Dambovita county and a 6 MW solar park located in the municipality of Dumbrava in Prahova county.

The 9.4 MW plant is operated by Ecosfer Energy, and the 6 MW plant is operated by Lucas Est. Both Ecosfer Energy and Lucas Est SRL are special purpose vehicles (SPVs) set up to manage the construction and operation of the solar plants and the production of electricity.