ReneSola Obtains UL Certification for PV Modules in Japan
TOKYO, July 18, 2013 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced its Polycrystalline Silicon Terrestrial PV Module line has been listed by Underwriters Laboratories ("UL") as meeting the applicable standards of the Japanese market.
This achievement follows ReneSola's JPEC (Japan Photovoltaic Expansion Center) and JET (Japan Electrical and Environment Technology Laboratories) certifications earlier this year, two of the biggest administrative hurdles for foreign firms entering Japan's solar market. ReneSola is the first PV company to receive this certification globally.
Mr. Xianshou Li, ReneSola's chief executive officer, said, "UL certification demonstrates the quality and safety of our solar modules for the Japan market. This certification is an essential step in building our business in Japan and reflects our commitment to providing high-quality solar products to the country's end users. We are confident our competitive edge in terms of quality will drive our growth in Japan as we invest in what continues to be one of our fastest growing markets."
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.
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:
Mr. Derek Mitchell
Ogilvy Financial, Beijing
In the United States:
Mr. Justin Kapp
SOURCE ReneSola Ltd.