ReneSola: Sichuan Polysilicon Facility Unaffected by Earthquake
Jishan, China - ReneSola Ltd., a leading global manufacturer of solar photovoltaic ("PV") wafers and modules, confirms its Sichuan employees are safe and its Sichuan polysilicon facility has been unaffected by the magnitude-7.0 earthquake that struck Ya'an city in Lushan County, Sichuan Province.
Ya'an, a Sichuan city near the borders of Tibet and Yunnan, is approximately 135 kilometers from ReneSola's polysilicon facility in Meishan, Sichuan. While the earthquake was felt by staff at ReneSola's polysilicon facility, it did not cause any injuries to the Company's staff or have any impact on the Company's property, plant and equipment, which continue to operate at normal capacity. ReneSola will continue to monitor the impact of the earthquake.
ReneSola's chief executive officer, Mr. Xianshou Li, said, "Immediately after the earthquake struck this morning, we reached out to our polysilicon facility staff to ensure our employees were safe and our facilities were intact. While both our employees and facilities appear unaffected, we remain concerned for those affected by the earthquake. We will do everything we can to assist the disaster recovery and those affected. We will continue to monitor the situation closely for any new developments."
Founded in 2005, ReneSola (SOL) is a leading global manufacturer of high-efficiency solar PV modules and wafers. 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.
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