ReneSola Debuts 300 W and 305 W High-Efficiency Poly Modules at SPI

ORLANDO, Fla., Sept. 12, 2012 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL), a leading global manufacturer of solar photovoltaic ("PV") modules and wafers, today announced its high-wattage 300 watt ("W") and 305 W 72-cell poly line is ready for shipment from its east and west coast warehouses in the United States. This comes in addition to the Company's already comprehensive 60 and 72-cell poly and mono portfolio, ranging in size from 255 W to 305 W high-efficiency solar modules.   

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"ReneSola modules already produce among the lowest cost per kilowatt-hour in today's solar marketplace," said Kevin Chen, president of ReneSola America. "With the introduction of our higher wattage, high-efficiency poly modules, installers and utility scale solar developers will get even more power per square foot. With higher wattage modules, fewer modules can be installed for the same amount of power, resulting in decreased labor costs for installers. Our customers come first and we're pleased to offer them a wide range of modules, giving them the choice of modules best suited for their projects."

ReneSola modules out produce other name brand panels in a variety of climates and conditions. ReneSola modules PVUSA Test Conditions ("PTC") ratings are as high as 91%, according to the California Energy Commission, which is among the best in its class. ReneSola emphasizes a strong focus on research and development, as it works to consistently lower the cost of PV installations through improved technology and economies of scale. The latest line of high-wattage modules will be backed by ReneSola's leading 25-year linear power output warranty, with optional PowerGuard™ insurance. 

For a firsthand look and more information on ReneSola's high-wattage, high-efficiency solar modules and other new products, visit ReneSola at SPI 2012 in booth number 2210 at the Orange County Convention Center in Orlando, Florida, September 10 - 12.

About ReneSola

Founded in 2005, ReneSola (NYSE:SOL) is a leading global supplier of high-efficiency solar PV modules and wafers. Capitalizing on proprietary technologies, economies of scale, high production quality, and technological innovations and know-how, ReneSola leverages its in-house virgin polysilicon and solar cell and module production capabilities to provide customers with high-quality, cost-competitive solar wafers and modules. ReneSola possesses a global network of suppliers and customers which includes leading global module and cell manufacturers. With its vertically integrated supply chain, ReneSola customers are receiving their solar modules and wafers direct from the source. ReneSola solar modules are among the best in their class with respect to annual kilowatt-hour output and can be found in projects ranging in size from a few kilowatts to multi-megawatts all around the world. For more information please visit http://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 media inquiries, please contact:

In the United States:

Brian Armentrout
Director of Marketing
ReneSola America
+1 603.748.6933
[email protected]

In China:

Michelle Ye
Senior Brand Manager
ReneSola Ltd.
[email protected]

SOURCE ReneSola Ltd.