ReneSola's Micro Replus Microinverter Obtains SAA Approval Certification for
JIASHAN, China, Dec. 17, 2012
JIASHAN, China, Dec. 17, 2012 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the
"Company") (NYSE: SOL), a leading global manufacturer of solar photovoltaic
("PV") modules and wafers, today announced its microinverter, Micro Replus,
has formally obtained a Certificate of Approval from SAA Approvals, a
third-party certification body accredited by the Joint Accreditation Service
of Australia and New Zealand ("JAS-ANZ") to issue Certificates of Approval for
electrical equipment that has proven to comply with the safety requirements of
the applicable Australian Standard.
(Logo: http://photos.prnewswire.com/prnh/20080506/CNTU030 )
SAA Approval Certification is required by the Australian government before a
microinvertor may be exported to and sold in Australia, and demonstrates that
Micro Replus meets Australia's safety requirements. Earlier this year,
ReneSola received ETL and CEC certifications from Intertek, a worldwide leader
in quality assurance and product safety certification, for the sale of Micro
Replus in the United States and Canada.
Mr. Xianshou Li, ReneSola's chief executive officer, said, "Now that Micro
Replus has received SAA Approval Certification, we believe it will be well
adopted by the Australian market. Our SAA, ETL and CEC certifications are a
testament to the performance, credibility and safety of our product. Micro
Replus increases the energy output of solar modules, especially when covered
in shade or debris. We have developed it with the goal of lowering prices for
end users while increasing margins for installers through installer-direct
turnkey solutions. We hope to capitalize on Australia's fast-growing solar
market, as well as on the recent success of our module business, to grow our
microinverter business in 2013."
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:
Mr. Tony Hung
Mr. Derek Mitchell
Ogilvy Financial, Beijing
In the United States:
Ms. Jessica Barist Cohen
Ogilvy Financial, New York
SOURCE ReneSola Ltd.
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