The company, as per the agreement, will ship the modules to Big Solar over the next 12 months.
Commenting on the agreement ReneSola chief executive officer Xianshou Li said that the deal reflects the company’s push in key solar markets as well in global sales.
"In the first half of 2012, ReneSola delivered 40 MW of our high-efficiency Virtus modules to Greece, becoming one of the country’s biggest module suppliers," said Li.
ReneSola also announced the revision of its yearly shipment estimates. The company now expects to ship 2.2GW to 2.4GW of solar wafers and modules up from the 1.8 GW to 2GW estimated earlier.
According to the company, shipments in the first half of 2012 are closing in on 1GW.
