JIASHAN, China, Dec. 7, 2012 /PRNewswire/ -- ReneSola Ltd
("ReneSola") (NYSE: SOL), a leading global manufacturer of solar
photovoltaic ("PV") modules and wafers, today announced that it has
agreed to ship 4.3 megawatts ("MW") of its high-quality solar
modules to E.ON Climate & Renewables GmbH ("E.ON Climate &
Renewables"), an award-winning unit responsible for
industrial-scale renewable activities within E.ON AG ("E.ON"), one of the world's largest
investor-owned power and gas companies.
(Logo: http://photos.prnewswire.com/prnh/20080506/CNTU030)
Under the terms of the agreement, ReneSola will deliver a total
of 4.3 MW of its 245 W multicrystalline solar modules in
March 2013 to E.ON Climate &
Renewables for use in a solar project in Sassari, Italy.
Mr. Xianshou Li, ReneSola's chief executive officer, said, "Our
module business is performing well in Europe. The technology and reliability of our
solar modules continue to attract new customers. This is our first
project with E.ON and we expect to ship additional solar modules to
the company for projects in the United
States and Europe.
Meanwhile, we will continue to develop our solar technology, as we
expand and strengthen our customer relationships, grow our module
business and increase our global market share."
About ReneSola
Founded in 2005, ReneSola (NYSE:SOL) is a leading global
manufacturer of high-efficiency solar PV modules and wafers.
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:
In China:
Mr. Tony Hung
ReneSola Ltd
Tel: +86-573-8473-9011
E-mail: ir@renesola.com
Mr. Derek Mitchell
Ogilvy Financial, Beijing
Tel: +86-10-8520-3073
E-mail: sol@ogilvy.com
In the United
States:
Ms. Jessica Barist Cohen
Ogilvy Financial, New York
Tel: +1-646-460-9989
Email: sol@ogilvy.com
SOURCE ReneSola Ltd