SOLA Renesola

    RENESOLA LTD ("RENESOLA")

                            WAFER SUPPLY AGREEMENT                             

ReneSola (AIM:SOLA), a leading manufacturer of solar wafers for the
photovoltaic industry, is pleased to announce a contract to supply 510MW of
silicon wafers to Suntech Power Holdings Co., Ltd ("Suntech") over a four-year
period beginning in January 2008.

Mr. Xianshou Li, ReneSola's CEO said: "We are excited to expand our long term
strategic relationship with Suntech, one of the global leaders in the solar
industry. We consider Suntech to be one of our long term cornerstone customers
and we hope to grow together successfully as we focus on rapidly expanding our
capacity to deliver high quality wafers."

Dr. Zhengrong Shi, Suntech's Chairman and CEO added "We are very pleased to
announce this expanded relationship with our long term supplier ReneSola, a
rapidly growing producer of high quality silicon wafers. This agreement
demonstrates Suntech's ability to continue to secure a high volume of silicon
despite the industry shortage."

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: +44 113 246 2610


END

Renesola (LSE:SOLA)
Historical Stock Chart
From Jun 2024 to Jul 2024

Renesola (LSE:SOLA)
Historical Stock Chart
From Jul 2023 to Jul 2024