SOLA Renesola

    RENESOLA LTD                                  

                  MULTICRYSTALLINE PRODUCTION CAPACITY UPDATE                  

ReneSola Ltd ("ReneSola" or the "Company") (AIM: SOLA), a leading manufacturer
of solar wafers for the photovoltaic industry, is pleased to announce
significant progress in the implementation of multicrystalline wafer
production.

On 23 August 2007 in the announcement of the second quarter financial results,
the Company provided an update on the trial production from the new
multicrystalline furnaces.

The Company is pleased to provide a further update on the status of the trial
production and production from the multicrystalline furnaces. Four furnaces
have successfully passed trial production and are now in full production. A
further six furnaces are at different stages of trial production and are
expected in full production by the end of September. Trial production from a
further five furnaces is expected to commence by the end of September.

Wafers produced from the new multicrystalline furnaces have been tested by
customers and exceeded the required levels of energy conversion efficiency.

ReneSola will announce details of third quarter production output in the first
week of October.

For further information, please contact:

In China:

Charles Bai, CFO

ReneSola Ltd

Tel: +86 573 8477 3061, +86 573 8477 3058

Email: charles.bai@renesola.com

In the UK:

Charles Ryland/Suzanne Brocks/Catherine Breen

Buchanan Communications

Tel: +44 20 7466 5000

Tim Feather/Richard Baty

Hanson Westhouse Limited

Tel: +44 20 7601 6100

Email: tim.feather@hansonwesthouse.com



END

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