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ReneSola to Partner with LTS Energy to Develop 330 kW Solar Project for Ranch 41 in Fallbrook, CA

ReneSola (NYSE: SOL) today announced that it will partner with LTS Energy to develop a 330 kW solar project for "Ranch 41," a farm in Fallbrook, California. ReneSola will provide its high-efficiency Virtus II 305W polycrystalline modules for this fixed tilt ground mount PV project.

ReneSola and LTS Energy previously collaborated on a 273 kW solar power system for Peppercorn Mutual Water Company in Pauma Valley, California earlier this year. ReneSola and LTS Energy are also discussing plans for additional solar projects in California of several megawatts.

Mr. Kevin Chen, president of ReneSola America stated, "LTS Energy is an experienced developer and holds its PV equipment suppliers to a high standard. "Ranch 41" marks our second project with LTS, and we look forward to partnering with them on additional projects in the future."

Larry Slominski, president of LTS Energy stated, "California farmers recognize the value of solar electric power systems that allow them to "Farm the Sun"™ to offset the high energy costs of pumping water. In partnership with ReneSola, we have provided California farmers with significant returns on their investments in

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