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China’s ReneSola names new finance head

Chinese solar project developer ReneSola Ltd (NYSE:SOL) announced on Wednesday that it has appointed Xiaoliang Liang as the company’s chief financial officer (CFO).

Liang will assume the new role as from June 1, 2018. This is not the first time he joins the company as he held a senior leadership position at ReneSola from 2012 to 2013 before leaving to pursue other professional leadership opportunities. While away, Liang became part of companies such as Gamesa Energy China, Hanergy and Dongxu Azure New Energy Corporation.

“We expect that he [Liang] will strengthen our finance and accounting operations and be instrumental in our efforts to improve ReneSola’s operating performance,” said Xianshou Li, ReneSola’s CEO.

ReneSola, which exited manufacturing last year, currently operates more than 187 MW of DG projects and aims to own 350 MW-400 MW in China by the end of 2018.