STAMFORD, Conn., Dec. 21, 2020 /PRNewswire/ -- ReneSola Ltd
("ReneSola Power" or the "Company")
(www.renesolapower.com) (NYSE: SOL), a leading
fully-integrated solar project developer, today announced the
results of its 2020 annual general meeting of shareholders.
Specifically, the Company's annual general meeting of shareholders
approved the following:
- The consolidated financial statements of the Company for the
year ended December 31, 2019,
together with the reports of the auditors thereon.
- The re-election of Mr. Wee Seng
Tan and Mr. Martin Bloom as
directors of the Company, who are retiring by rotation and offering
themselves for re-election in accordance with the Company's
articles of association.
- The amendment of 2007 Share Incentive Plan (as amended and
restated as of January 21, 2009,
August 20, 2010 and August 29, 2016) to increase the maximum
aggregate number of shares which may be issued under the 2007 Share
Incentive Plan from 12, 500,000 shares to 22,500,000 shares.
About ReneSola Power
ReneSola Power (NYSE: SOL) is a leading global solar project
developer and operator. The Company focuses on solar power project
development, construction management and project financing
services. With local professional teams in more than 10 countries
around the world, the business is spread across a number of regions
where the solar power project markets are growing rapidly, and can
sustain that growth due to improved clarity around government
policies. The Company's strategy is to pursue high-margin project
development opportunities in these profitable and growing markets;
specifically, in the U.S. and Europe, where the Company has a market-leading
position in several geographies, including Poland, Hungary, Minnesota and New
York.
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SOURCE ReneSola Ltd.