ReneSola Modules Provide Over 1.9MW of Power to SunWest Fruit Company Project ReneSola contributes high-efficiency PV panels to power large-scale project for California fruit company facility
SAN FRANCISCO, Calif., Nov. 25, 2013 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced that in collaboration with California solar installer Pickett Solar, it will be contributing over 1.9MW of high-efficiency PV modules to power SunWest Fruit Company's fruit-packing facility in Parlier, California.
More than 1.9MW of ReneSola's high-quality solar panels will be installed for the roof-top mounted system. The offset of the entire collective solar array will be 3,922,600KW hours of energy saved annually, enough to power 490 homes each year. The completed solar array will be one of the largest privately-owned systems in the Central Valley.
Concerning the recent development, Mr. Kevin Chen, president of ReneSola America stated, "We are thrilled to have partnered with Pickett Solar in the implementation of this large-scale California project. We are pleased that this esteemed solar integrator prefers our high-efficiency modules for large-scale developments, given its notable industry expertise and high standards for top-notch solar products."
With regards to working with ReneSola on this project, Mr. Mike Pickett, owner of Pickett Solar stated, "We approached the project keeping in mind long-term stability and power efficiency for the solar system. Given the superior quality of ReneSola products, we are pleased that this supplier's high-efficiency PV modules will help us to achieve this standard of reliability and growth."
Founded in 2005, ReneSola (NYSE: SOL) is a leading brand and technology provider of solar PV products. Leveraging its proprietary technologies, economies of scale and technical expertise, ReneSola uses in-house virgin polysilicon and a vertically integrated business model to provide customers with high-quality, cost-competitive products. ReneSola solar modules have scored top PVUSA Test Conditions (PTC) ratings with high annual kilowatt-hour output, according to the California Energy Commission (CEC). ReneSola solar PV modules can be found in projects ranging in size from a few kilowatts to multi-megawatts in markets around the world, including the United States, Germany, Italy, Belgium, China, Greece, Spain and Australia. For more information, please visit www.renesola.com.
About Pickett Solar
Pickett Solar, a family-owned and operated corporation founded in 1988, is a Fresno, CA based solar installer focused on commercial installations. Since its launch, Pickett Solar has evolved into a unique construction company with full service, in-house architectural design, and drafting and civil engineering departments. Over the years, the company has been an active member of the Building Industry Association of the Fresno/Madera Counties, and has both represented the industry on many key issues and sat on advisory committees with the City of Fresno Development Department. For more information, please visit www.pickettsolar.com.
Safe Harbor Statement
This press release contains statements that constitute ''forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Whenever you read a statement that is not simply a statement of historical fact (such as when the Company describes what it "believes," "expects" or "anticipates" will occur, what "will" or "could" happen, and other similar statements), you must remember that the Company's expectations may not be correct, even though it believes that they are reasonable. The Company does not guarantee that the forward-looking statements will happen as described or that they will happen at all. Further information regarding risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements is included in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's annual report on Form 20-F. The Company undertakes no obligation, beyond that required by law, to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made, even though the Company's situation may change in the future.
For investor and media inquiries, please contact:
Ms. Laura Chen
Mr. Derek Mitchell
Ogilvy Financial, Beijing
In the United States:
SOURCE ReneSola Ltd.