PR97105

BEIJING, July 21, 2022 /PRNewswire=KYODO JBN/ --

Seraphim Energy Group Co., Ltd. (Seraphim), a leading global solar product

manufacturer, signed a memorandum of understanding (MoU) with Resolar, a

Luxembourg-based energy company in early July, with an aim to deepen

cooperation in the EU solar market.

Under the MoU, Seraphim will supply up to 1GW of PV modules to Resolar in 2023,

which will be used in the latter's projects to be built in 2023.

The MoU came under the European Union (EU)'s new REPowerEU plan, which was

unveiled on March 8 to accelerate clean energy transition.

In the first quarter of this year, the EU imported 16.7 GW of PV modules from

China, up 145 percent year on year, according to official data.

"Resolar regards Seraphim as a long-term partner," said Luis Lopez Martínez,

CEO of Resolar, adding that he looks forward to further global collaboration

with Seraphim.

Polaris Li, president of Seraphim, said that with the goal of carbon neutrality

in place, European countries are pushing forward energy transition, whose

urgency has been stressed by new REPowerEU plan.

Li added that Seraphim has always attached great importance to the EU market,

hoping to contribute to the global green transition with the company's advanced

PV technology and quality PV products.

Seraphim has long been specialized in research, development, production,

innovation and sales of PV products since its foundation in 2011. To date, more

than 14GW Seraphim's products have been installed in over 40 countries

worldwide.

Resolar is an investor, developer and also EPC of renewable projects globally.

It was created from the collaboration at the international level with more than

21 years' experience in solar energy.

SOURCE:  Xinhua Silk Road