STAMFORD, Conn, Dec. 10, 2021 /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 2021 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, 2020,
together with the reports of the auditors thereon.
- The re-election of Ms. Julia Xu
and Mr. Sam (Kaiheng) Feng 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 appointment of Ms. Yuanyuan
Ma as a director of the Company, who was originally
appointed as a director by the Board of Directors in accordance
with the articles of association of the Company.
- The amendment of 2007 Share Incentive Plan (as amended and
restated as of January 21, 2009,
August 20, 2010, August 29, 2016 and December 21, 2020) to increase the maximum
aggregate number of shares which may be issued under the 2007 Share
Incentive Plan from 22,500,000 shares (equivalent to 2,250,000
American Depositary Shares) to 42,500,000 shares (equivalent to
4,250,000 American Depositary 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. For more information, please visit
www.renesolapower.com.
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SOURCE ReneSola Ltd.