ReneSola Signs 4.3 MW Solar Module Sales Agreement with E.ON

         ReneSola Signs 4.3 MW Solar Module Sales Agreement with E.ON

PR Newswire

JIASHAN, China, Dec. 7, 2012

JIASHAN, China, Dec. 7, 2012 /PRNewswire/ --ReneSola Ltd ("ReneSola") (NYSE:
SOL), a leading global manufacturer of solar photovoltaic ("PV") modules and
wafers, today announced that it has agreed to ship 4.3 megawatts ("MW") of its
high-quality solar modules to E.ON Climate & Renewables GmbH ("E.ON Climate &
Renewables"), an award-winning unit responsible for industrial-scale renewable
activities within E.ON AG ("E.ON"), one of the world's largest investor-owned
power and gas companies.

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

Under the terms of the agreement, ReneSola will deliver a total of 4.3 MW of
its 245 W multicrystalline solar modules in March 2013 to E.ON Climate &
Renewables for use in a solar project in Sassari, Italy.

Mr. Xianshou Li, ReneSola's chief executive officer, said, "Our module
business is performing well in Europe. The technology and reliability of our
solar modules continue to attract new customers. This is our first project
with E.ON and we expect to ship additional solar modules to the company for
projects in the United States and Europe. Meanwhile, we will continue to
develop our solar technology, as we expand and strengthen our customer
relationships, grow our module business and increase our global market share."

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: http://www.ReneSola.com
 
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