ReneSola: Anti-dumping investigation

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JIASHAN, China, March 26 - ReneSola Ltd.(NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, announced today that it has been selected as one of the respondents in the United States Department of Commerce's anti-dumping investigation on certain crystalline silicon photovoltaic products from China (DOC Case No. A-570-010).
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"We intend to fully cooperate with the investigation proceedings," said Mr. Xianshou Li, chief executive officer of ReneSola. "We have temporarily halted shipments to the United States that fall within the scope of the investigation that began this March. At the same time, we continue to deploy our distinctive OEM strategy to meet the increasing demand for solar PV modules in the United States."

For more information, please visit www.renesola.com.

About ReneSola

Founded in 2005, ReneSola (NYSE:SOL) is a leading brand and technology provider of solar PV products. Leveraging its proprietary technologies, economies of scale and technical expertise, ReneSola uses in-house virgin polysilicon and a vertically integrated business model to provide customers with high-quality, cost-competitive products. ReneSola solar modules have scored top PVUSA Test Conditions (PTC) ratings with high annual kilowatt-hour output, according to the California Energy Commission (CEC). ReneSola solar PV modules can be found in projects ranging in size from a few kilowatts to multi-megawatts in markets around the world, including the United States, Germany, Italy, Belgium, China, Greece, Spain and Australia. For more information, please visit www.renesola.com.

For investor and media inquiries, please contact:

In China:

Ms. Laura Chen
ReneSola Ltd
Tel: +86-21-62809180-162
E-mail: ir@renesola.com

Mr. Derek Mitchell
Ogilvy Financial, Beijing
Tel: +86-10-8520-3073
E-mail: sol@ogilvy.com

In the United States:

Mr. Justin Knapp
Ogilvy Financial, U.S.
Tel: +1-616-551-9714
E-mail: sol@ogilvy.com

SOURCE: ReneSola Ltd.
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