ReneSola Signs 30MW Solar Module Sales Agreement

Jul 27, 2015, 05:30 ET from ReneSola Ltd.

JIASHAN, China, July 27, 2015 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL) (www.renesola.com), a leading brand and technology provider of energy efficient products, today announced it has agreed to provide Cofely Solar Technics, a major player in energy efficiency, with 30 megawatts ("MW") of solar modules, which will be used in a ground-mounted, utility-scale project in Nottinghamshire in the UK.

Under the terms of the agreement, ReneSola's contracted OEMs will deliver 30MW of the Company's high-efficiency 260w Virtus II solar modules produced in Poland for the project between July and September of this year.

"The UK continues to serve as an important market for ReneSola, be it for our self-developed downstream projects or for our solar module supply contracts with buyer partners like Cofely Solar Technics who have their own projects within the country," said Mr. Xianshou Li, ReneSola's chief executive officer. "Regardless of the end-market, our Virtus II modules remain in high demand for their consistent quality and efficiency. We are pleased to enter into this 30MW supply agreement and look forward to future opportunities for collaboration."

About ReneSola

Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola (NYSE: SOL) is an international leading brand and technology provider of energy efficient products. Leveraging its global presence and expansive distributions and sales network, ReneSola is well positioned to provide its highest quality green energy products and on-time services for EPC, installers, and green energy projects around the world. For more information, please visit www.renesola.com.

For investor and media inquiries, please contact:

In China:

Ms. Juliet Yang ReneSola Ltd Tel: +86 (21) 6280-9180 ext. 105 E-mail: ir@renesola.com

Mr. Derek Mitchell Ogilvy Financial, Beijing Tel: +86 (10) 8520-6139 E-mail: sol@ogilvy.com

In the United States:

Ogilvy Financial, U.S. Tel: +1 (646) 867-1888 E-mail: sol@ogilvy.com

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SOURCE ReneSola Ltd.



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