ReneSola to Supply 81.5 MW of Solar Modules in China

SHANGHAI, April 18, 2016 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) SOL, a leading brand and technology provider of energy-efficient products, today announced that it has started shipping solar modules to two customers with an aggregate volume of 81.5 MW. Shipment to TBEA Xinjiang Sunoasis, one of the customers, relates to ReneSola's supply of 305W, 310W and 315W modules with an aggregate volume of 56.5 MW for the customer's utility scale projects located in Xinjiang and Jiangsu provinces in China. Shipment to the other customer, China Foma Group, relates to ReneSola's supply of 265W Virtus II modules with an aggregate volume of 25 MW for the customer's utility scale project in Gansu Province. Deliveries of these modules are scheduled to be completed by the end of May 2016.

Xianshou Li, ReneSola's Chief Executive Officer, said, "We are pleased to be selected by two of the industry's leading companies as the module supplier for these utility scale projects in China. We believe our supply to these projects demonstrates our technology leadership and strong competitive advantage in the solar energy value chain, as we support our customers' clean energy initiatives in a cost-effective manner."

About ReneSola

Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola 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
ir@renesola.com

The Blueshirt Group Asia
Mr. Gary Dvorchak, CFA
+86 (138) 1079-1480
gary@blueshirtgroup.com

In the United States:

The Blueshirt Group
Mr. Ralph Fong
+1 (415) 489-2195
ralph@blueshirtgroup.com

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SOURCE ReneSola Ltd.