ReneSola Connects 26MW of Community Solar Projects to UK Grid

SHANGHAI, July 5, 2016 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) SOL, a leading brand and technology provider of energy-efficient products and project developer, today announced the completion and grid connection of six utility-scale projects in the United Kingdom in June 2016. These projects have a combined capacity of approximately 26 MW. ReneSola managed the design and construction of these projects, and will provide ongoing operation and maintenance services until final acceptance.

Powered by ReneSola's Virtus II modules, the six projects are located in Carlam Hill Farm (Yorkshire), North Wales, and Monmouthshire. All of these projects are pre-accredited with tariff rate of 6.16p/kWh and eligible for a guaranteed export tariff of 4.91p/kWh.

Xianshou Li, ReneSola's Chief Executive Officer, said, "We are pleased to build on our track record and announce the grid connection of the six community solar projects in the United Kingdom, as we continue to execute our downstream strategy in the region. These projects continued to demonstrate our strong competitive advantages in developing downstream projects, and we look forward to driving incremental project development around the world."

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.