ReneSola's High-Wattage Solar Module Passes TUV SUD's PID Test

        ReneSola's High-Wattage Solar Module Passes TUV SUD's PID Test

PR Newswire

FRANKFURT, Germany, Nov. 27, 2012

FRANKFURT, Germany, Nov. 27, 2012 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or
the "Company") (NYSE: SOL), a leading global manufacturer of solar
photovoltaic ("PV") modules and wafers, today announced its 300 watt ("W")
multicrystalline solar module has passed the potential-induced degradation
("PID") test performed by TUV SUD, a leading provider of testing, inspection
and certification solutions.

(Logo: http://photos.prnewswire.com/prnh/20080506/CNTU030)

The PID test was conducted by TUV SUD to assess loss of power output of solar
modules under severe conditions of high voltage, high temperature and high
humidity. ReneSola's 300 W multicrystalline solar module was exposed to 1,000
volts of bias voltage at a temperature of 85 degrees Celsius and a relative
humidity of 85% for 96 consecutive hours. During the test, ReneSola's maximum
degradation of power output was 1.34%, significantly below the maximum
allowable power output degradation of 5%.

Mr. Xianshou Li, ReneSola's chief executive officer, commented, "The fact that
our high-wattage 300 W poly module passed TUV SUD's PID test by such a large
margin underscores its value proposition. Solar developers not only get more
power per square foot with this module, but also a long life cycle with
minimal degradation and reliable power output. PID is an important purchasing
factor for solar developers, particularly if the modules are to be used in
areas of high humidity and high temperatures. Our TUV SUD test result should
reassure customers of the reliability of our solar modules and demonstrate our
commitment to producing high-quality solar products."

About ReneSola

Founded in 2005, ReneSola (NYSE: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.

Safe Harbor Statement

This press release contains statements that constitute ''forward-looking"
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended,
and as defined in the U.S. Private Securities Litigation Reform Act of 1995.
Whenever you read a statement that is not simply a statement of historical
fact (such as when the Company describes what it "believes," "expects" or
"anticipates" will occur, what "will" or "could" happen, and other similar
statements), you must remember that the Company's expectations may not be
correct, even though it believes that they are reasonable. The Company does
not guarantee that the forward-looking statements will happen as described or
that they will happen at all. Further information regarding risks and
uncertainties that could cause actual results to differ materially from those
in the forward-looking statements is included in the Company's filings with
the U.S. Securities and Exchange Commission, including the Company's annual
report on Form 20-F. The Company undertakes no obligation, beyond that
required by law, to update any forward-looking statement to reflect events or
circumstances after the date on which the statement is made, even though the
Company's situation may change in the future.

For investor and media inquiries, please contact:

In China:

Mr. Tony Hung
ReneSola Ltd
Tel: +86-573-8473-9011
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:

Ms. Jessica Barist Cohen
Ogilvy Financial, New York
Tel: +1-646-460-9989
Email: sol@ogilvy.com

SOURCE ReneSola Ltd.

Website: www.ReneSola.com
 
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