JPEC Lists ReneSola Solar Module as Qualified for Japan Market
TOKYO, April 26, 2013
TOKYO, April 26, 2013 /PRNewswire/ --ReneSola Ltd ("ReneSola" or the
"Company") (NYSE: SOL), a leading global manufacturer of solar photovoltaic
("PV") modules and wafers, today announced its 125-square monocrystalline
module has been listed by the Japan Photovoltaic Expansion Center ("JPEC") as
qualified for the Japan market.
JPEC-listed products are eligible to receive installation subsidies from the
Japanese government, meet Japan's high-quality standards and safety
requirements and are fully compatible with the country's electric grid.
In order to obtain JPEC listing, ReneSola partnered with local suppliers to
provide a PV home kit solution that includes 125-square and 156-square
monocrystalline modules with an inverter, monitor and racking system to the
Japan market. JPEC listing is expected for additional ReneSola products,
including the Company's 156-square monocrystalline module and 250 W poly
module, in the near future.
Mr. Xianshou Li, ReneSola's chief executive officer, said, "JPEC listing is
considered the biggest hurdle for a foreign company entering Japan's
residential solar market. Now that we are listed, we can invest more heavily
in the Japan market and capitalize on the country's energy buy-back program,
which focuses heavily on solar power. By partnering with local suppliers, we
are confident that we can deliver high-efficiency products and localized
household renewable energy solutions to the Japan market."
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.
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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