SOLA Renesola

    RENESOLA LTD                                  

                             SHARE INCENTIVE PLAN                              

ReneSola Ltd (the "Company") (AIM: SOLA), a leading manufacturer of solar
wafers for the photovoltaic industry, is pleased to announce that the Board has
approved the establishment of a share incentive plan.

The Board considers the availability of a share incentive plan to be an
important factor both in retaining key employees and in attracting
professionals with the necessary skills and experience to maintain the
competitiveness and growth of the Company.

A maximum of 7,500,000 of the authorised but unissued shares of the Company
have been allocated to the plan, although no awards have yet been made.

For further information, please contact:

In China:

Charles Bai, CFO

ReneSola Ltd

Tel: +86 573 477 3061, +86 573 477 3058

Email: charles.bai@renesola.com

In the UK:

Charles Ryland/Suzanne Brocks/Catherine Breen

Buchanan Communications

Tel: +44 20 7466 5000

Tim Feather

Hanson Westhouse Limited

Tel: +44 113 246 2610

Email: tim.feather@hansonwesthouse.com



END

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