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ReneSola Provides High-Efficiency PV Modules to Glass Manufacturing Facility in Mexico

ReneSola's 250W Polycrystalline modules selected by Solar Power Systems for facility array
2013-12-30 20:00 2098

SAN FRANCISCO, December 30, 2013 /PRNewswire/ --ReneSola Ltd ("ReneSola") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced its collaboration with Solar Power Systems of Mexico in implementing a 192KW project for glass manufacturer Vidrio Formas in Lerma, Edo, Mexico.

Vidrio Formas manufactures more than one million glass containers per day for major tequila, liquor and coffee companies. The manufacturing facility's new rooftop installation consists of ReneSola's high-efficiency Virtus II 250W modules.

"Solar Power Systems is an esteemed solar integrator serving the Latin American commercial solar market during a notable period of regional growth," said Kevin Chen, president of ReneSola America. "As such, we are pleased to be collaborating with them on developments like this and hope to continue our relationship as their module supplier in future solar integration projects."

"We're excited about having ReneSola as a supplier for this rooftop solar integration, given the company's top product quality and operational efficiency," said Eduardo Montano, CEO of Solar Power Systems. "We look forward to working with ReneSola on similar projects in the region as the commercial solar market in Mexico continues to expand."

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 Solar Power Systems

Solar Power Systems is a leading solar integrator providing PV system solutions throughout Mexico for residential, commercial and industrial markets, that specializes in "turn key projects" for their clients' benefit. Solar Power Systems personnel is certified by "Solar Energy International". For more information, visit www.solarpowersystems.com.mx. Or contact emontano@solarpowersystems.com.mx.

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:

Ms. Laura Chen
ReneSola Ltd
Tel: +86-21-62809180-162
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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