ReneSola to Construct 107 MW of Solar Projects in U.S.

SHANGHAI, June 7, 2016 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading provider of energy-efficient products and project developer, today provided an update on its project pipeline in the U.S. The Company plans to construct 107 MW of solar projects in California, Massachusetts, Minnesota, and North Carolina. 

The construction of a total of 37MW of solar projects in North Carolina and Massachusetts is expected to commence in the second half of 2016. Construction of the remaining 70MW of solar projects in Minnesota and California is planned for 2017.

Xianshou Li, ReneSola's Chief Executive Officer, commented, "North America remains a large and robust market, and the most attractive to us for downstream activity. We look forward to driving further project development in the U.S., and expect to start construction of a good portion of our project pipeline in the second half of 2016."

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 distribution 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:

ReneSola Ltd Ms. Rebecca Shen +86 (21) 6280-9180 x106 [email protected]

The Blueshirt Group Asia Mr. Gary Dvorchak, CFA +86 (138) 1079-1480 [email protected]

In the United States:

The Blueshirt Group Mr. Ralph Fong +1 (415) 489-2195 [email protected]

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SOURCE ReneSola Ltd.