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ReneSola Modules Among Top Performers in PV Evolution Labs Testing

Company Achieves Top Ranking on "PV Module Reliability Scorecard" in Four Testing Categories

JIASHAN, China, July 30, 2014 /PRNewswire/ -- ReneSola Ltd (www.renesola.com) ("ReneSola" or the "Company") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced the Company's industry-leading results in a series of reliability tests conducted by PV Evolution Labs ("PVEL"). The Company's modules achieved top performance rankings on PVEL's "PV Module Reliability Scorecard" for 2014 in four testing categories: Dynamic Mechanical Load, Damp Heat, Potential Induced Degradation, and Humidity-Freeze.

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PVEL uses highly accelerated life testing (HALT) to provide supplier-specific performance analysis and identify modules that can deliver energy yields to meet a project's full-life expectations in a variety of climate conditions. More than ten companies participated in the testing in different categories.

"At ReneSola, we take great pride in our commitment to product quality and technical innovation, and these latest performance test results confirm our success in delivering solar products that people can depend on anywhere in the world, in any type of climate," said Mr. Xianshou Li, ReneSola's chief executive officer.

For more information, please visit www.renesola.com

About PV Evolution Labs

PV Evolution Labs, a DNV GL company, provides data-driven technical services to enable confidence in the performance and reliability of your PV equipment upon installation and over the long term. Headquartered in Berkeley, CA PV Evolution Labs specializes in testing to support Project Level QA / QC and PV Module, Inverter, and Racking Vendor Selection. For more information, visit www.pvel.com.

About ReneSola

Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola (NYSE: SOL) is an international leading brand and technology provider of green energy products. Leveraging its global presence, and expansive OEM 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:

Ms. Laura Chen
ReneSola Ltd
Tel:       +86-21-62809180-162
Email:   [email protected]

Mr. Derek Mitchell
Ogilvy Financial, Beijing
Tel:       +86-10-8520-3073
Email:   [email protected]

In the United States:

Mr. Justin Knapp
Ogilvy Financial, U.S.
Tel:       +1-616-551-9714
Email:   [email protected]

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SOURCE ReneSola Ltd.

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