ReneSola Supplies Several Million Watts of Solar PV to Chevron
ReneSola Selected by Leading Developer from List of Top-tier Module Suppliers
SAN FRANCISCO, Feb. 14, 2014
SAN FRANCISCO, Feb. 14, 2014 /PRNewswire/ --ReneSola Ltd ("ReneSola") (NYSE:
SOL), a leading brand and technology provider of solar photovoltaic ("PV")
products, announced today that it provided 10,000 of its high efficiency solar
PV modules to Chevron Energy Solutions, one of the largest installers of solar
power in the United States, for a 3.1MW multi-site project in Lemoore,
California. The multi-array project will consist of 2.85MW of ReneSola's
72-cell 300W polycrystalline modules and 260KW of 260W monocrystalline
(Logo: http://photos.prnewswire.com/prnh/20080506/CNTU030 )
"Solar industry experts recognize the due diligence Chevron Energy Solutions
follows. Their standards for module suppliers are perhaps the strictest in the
industry," said Mr. Kevin Chen, president of ReneSola America. "We are
confident Chevron will be pleased with our modules and look forward to working
with them on more projects in the future."
Founded in 2005, ReneSola (NYSE:SOL) is a leading brand and technology
provider of solar PV products. 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.
About Chevron Energy Solutions
Chevron Energy Solutions is one of the largest installers of solar power in
the U.S. public sector and has developed hundreds of projects that have built
renewable energy capacity, increased energy efficiency, reduced energy costs
and supported sustainability. Its parent, Chevron Corporation, invests across
the energy spectrum to develop energy sources for future generations by
expanding the capabilities of alternative and renewable energy technologies.
For more information: www.chevronenergy.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:
Ms. Laura Chen
Mr. Derek Mitchell
Ogilvy Financial, Beijing
In the United States:
Mr. Brian Armentrout
Mr. Justin Knapp
Ogilvy Financial, U.S.
SOURCE ReneSola Ltd.
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