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ReneSola Panels Certified as Compatible Modules with PanelClaw Systems

2013-08-27 18:00 1222

SAN FRANCISCO, August 27, 2013 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced that its modules have officially been tested, certified and listed as approved and compatible products for PanelClaw mounting systems.

Prior to certification, the products tested were ReneSola 300W and 255W monocrystalline modules using a PanelClaw standard claw mounting system, and were evaluated for both grounding and mounting component compatibility. ReneSola's compatible modules have been officially included in PanelClaw's ETL listing for the Polar Bear® FR, Grizzly Bear® FR, and Panda Bear™ GM systems. Regarding the new certification and placement on PanelClaw's ETL approved module listing on its website, Mr. Kevin Chen, President of ReneSola America said, "We are pleased to see ReneSola modules certified for PanelClaw's mounting systems. As a company that performs esteemed certification practices, it is a pleasure to have our products recognized by PanelClaw."

PanelClaw's Manager of Global Applications Engineering and Services, Ted Petsas, remarked, "We consider ReneSola modules to be viable components to our approved systems. This consideration takes into account our stringent standards as mounting systems professionals and the quality and compatibility of ReneSola modules." Certification is determined based on UL 2703 compliance with PanelClaw products. The company's compatibility listing is based on such compliance standards as to exemplify its dedication to testing and certification of the highest degree for both its own systems as well as system components.

About ReneSola

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.

About PanelClaw

PanelClaw Group, Inc. and its operating subsidiaries, PanelClaw (North America), Inc. and PanelClaw Europe GmbH, deliver mounting and balance-of-system (BOS) solutions to accelerate the adoption of photovoltaics worldwide. A leader in ballasted flat-roof and ground-mount systems, PanelClaw has deployed nearly 350 MW across the U.S., Canada, the European Union, and India. For more information, please visit www.panelclaw.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:

Investor Relations
ReneSola Ltd
Tel: +86-21-62809180-162/105
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:

Mr. Brian Armentrout
ReneSola America
Tel: +1-603-748-6933
Email: marketing@renesola.com

Mr. Justin Knapp
Ogilvy Financial, U.S.
Tel: +1-616-551-9714
E-mail: sol@ogilvy.com

Source: ReneSola Ltd.
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