ReneSola Ranked Seventh in Deloitte Technology Fast 500 Asia Pacific 2008

2009-01-05 17:30 758

JIASHAN, China, Jan. 5 /PRNewswire-Asia-FirstCall/ -- ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL) (AIM: SOLA), a leading Chinese manufacturer of solar wafers, today announced that the Company has been honored as the seventh fastest growing technology company in Asia Pacific by the Deloitte Technology Fast 500 Asia Pacific 2008 program. The program recognizes the success of the 500 fastest growing public and private technology companies in Asia Pacific.

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"We are delighted to be recognized by Deloitte as one of the top ten fastest growing technology companies in the Asia Pacific region," said Mr. Xianshou Li, ReneSola's chief executive officer. "In October we were recognized as the fourth fastest growing company within the TMT sector in China by the Deloitte Technology Fast 50 China program, and this latest accolade further demonstrates the effectiveness of our robust business model and our dedication to technological innovation. Building on our past success, we will continue to capitalize on our competitive advantages to generate future growth as solar power increases in affordability while approaching grid parity."

The Deloitte Technology Fast 500 Asia Pacific 2008 awards ceremony was hosted at the InterContinental Hotel in Hong Kong on December 11, 2008. ReneSola's chief financial officer, Mr. Charles Bai, was present to collect the award.

About Deloitte Technology Fast 500 Asia Pacific 2008 Program

The Deloitte Technology Fast 500 Asia Pacific program recognizes technology companies that have achieved the fastest rates of annual revenue growth in Asia Pacific during the past three years. The Asia Pacific program was launched in 2002 to recognize the effort and dedication of the 500 fastest-growing technology companies in Asia Pacific and includes all areas of technology, from internet to biotechnology, from medical and scientific to computers/hardware. It includes both public and private companies. The program includes companies based in Australia, China, Hong Kong SAR, India, Indonesia, Japan, Macau SAR, Malaysia, Philippines, New Zealand, Singapore, South Korea, Taiwan, Thailand and Vietnam.

About ReneSola

ReneSola Ltd ("ReneSola") is a leading global manufacturer of solar wafers based in China. Capitalizing on proprietary technologies and technical

know-how, ReneSola manufactures monocrystalline and multicrystalline solar wafers. In addition, ReneSola strives to enhance its competitiveness through upstream integration into virgin polysilicon manufacturing. ReneSola possesses a global network of suppliers and customers that include some of the leading global manufacturers of solar cells and modules. ReneSola's shares are currently traded on the New York Stock Exchange (NYSE: SOL) and the AIM of the London Stock Exchange (AIM: SOLA). For more information about ReneSola, please visit .

For investor and media inquiries, please contact:

In China:

Mr. Charles Bai

ReneSola Ltd

Tel: +86-573-8477-3061


Mr. Derek Mitchell

Ogilvy Financial, Beijing

Tel: +86-10-8520-6284


In the United States:

Mr. Thomas Smith

Ogilvy Financial, New York

Tel: +1-212-880-5269


In the United Kingdom:

Mr. Tim Feather / Mr. Richard Baty

Hanson Westhouse Limited, London

Tel: +44-207-601-6100

Email: /

Source: ReneSola Ltd
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