FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SHAH CAPITAL MANAGEMENT
2. Issuer Name and Ticker or Trading Symbol

ReneSola Ltd [ SOL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CFO
(Last)          (First)          (Middle)

8601 SIX FORKS ROAD, SUITE 630
3. Date of Earliest Transaction (MM/DD/YYYY)

12/23/2020
(Street)

RALEIGH, NC 27615
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
American Depositary Shares 12/23/2020  S  649019 D$9.78 12795247 I Refer to Footnote (1)
American Depositary Shares 12/24/2020  S  836211 D$10.05 11959036 I Refer to Footnote (1)
American Depositary Shares 12/28/2020  S  259036 D$11.38 11700000 I Refer to Footnote (1)
American Depositary Shares 12/28/2020  S  120000 D$10.71 500947 I Refer to Footnote (2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) This transaction was done in Shah Capital Opportunity Fund LP which could be deemed to be owned beneficially by Shah Capital Management (SCM)solely as a result of discretionary power over such shares as investment adviser to the Fund and Shah Capital LLC as a General Partner to the Fund.
(2) This transaction was done by Shah Capital Management (SCM) solely as a result of its discretionary power over such shares as investment adviser to its Separately Managed Accounts.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SHAH CAPITAL MANAGEMENT
8601 SIX FORKS ROAD
SUITE 630
RALEIGH, NC 27615
XXCFO

Signatures
Himanshu H. Shah12/28/2020
**Signature of Reporting PersonDate

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