ReneSola Panels Power 2.5MW Solar Array in New Mexico
SAN FRANCISCO, Nov. 13, 2013 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced the completion of a 2.5MW solar PV facility near Roswell, New Mexico.
The array, given the name "GSE NM-2", is a 2.5MW solar facility using ReneSola panels. ReneSola was contracted to provide 7,200 of its 250W high-efficiency polycrystalline solar PV module for the project. With extensive pre-planning prior to the execution of this project, the facility was constructed in only three months.
Currently, the Roswell ground-mounted PV system is one of the larger solar arrays in New Mexico and is geared to provide solar power to the site's neighboring communities.
Mr. Kevin Chen, president of ReneSola America, said, "We are pleased to have been selected as the top supplier for this solar project, based on recognition of ReneSola as a high-quality module manufacturer. We look forward to providing power to Roswell's surrounding communities and ultimately encouraging greater advocacy for renewable energy throughout New Mexico."
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. Brian Armentrout
Mr. Justin Knapp
Ogilvy Financial, U.S.
SOURCE ReneSola Ltd.
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