SOLA Renesola

    ReneSola Signs Six-Year Wafer Supply Agreements with Ningbo Solar and Eoplly  
                                  New Energy                                   

JIASHAN, China, April 15 -- ReneSola Ltd ("ReneSola" or the "Company"), a 
leading Chinese manufacturer of solar wafers, today announced that it has 
signed six-year wafer supply contracts with Ningbo Solar Electric Power Co., 
Ltd. ("Ningbo Solar") and Eoplly New Energy Technology Co., Ltd. ("Eoplly").

Under the terms of the Ningbo Solar contract, ReneSola will supply Ningbo Solar
with 105 MW of solar wafers over a six-year period commencing in mid-2008.
Ningbo Solar is a Chinese manufacturer of solar cells and modules headquartered
in Zhejiang Province, China.

ReneSola has also agreed to supply Eoplly with 105 MW of solar wafers over a
six-year period commencing in mid-2008. Headquartered in Jiangsu Province,
China, Eoplly is a Chinese manufacturer of solar cells, solar modules and
photovoltaic (PV) systems.

"The signing of these wafer supply contracts further demonstrates continuing
strong demand for our quality wafer products," commented Mr. Xianshou Li,
ReneSola's chief executive officer. "Our large-scale, cost-effective
manufacturing and strong technology development capabilities are well
recognized within the industry and we are very pleased to broaden our customer
base with these latest wafer supply agreements."

About ReneSola

ReneSola Ltd ("ReneSola") is a leading solar wafer manufacturer in China.
Capitalizing on proprietary technologies and technical know-how, ReneSola
manufactures monocrystalline and multicrystalline solar wafers, which are thin
sheets of crystalline silicon material primarily used in the production of
solar cells. In addition, ReneSola strives to enhance its competitiveness
through upstream integration into virgin polysilicon manufacturing. ReneSola
possesses a global network of suppliers and customers that include some of the
leading global manufacturers of solar cells and modules. ReneSola's shares are
currently traded on the New York Stock Exchange (NYSE: SOL) and the AIM of the
London Stock Exchange (AIM: SOLA.L). For more information about ReneSola,
please visit http://www.renesola.com .

Safe Harbor Statement

This press release may contain statements that constitute "forward-looking"
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended,
and as defined in the U.S. Private Securities Litigation Reform Act of 1995.
Whenever you read a statement that is not simply a statement of historical fact
(such as when we describe what we "believe," "expect" or "anticipate" will
occur, what "will" or "could" happen, and other similar statements), you must
remember that our expectations may not be correct, even though we believe that
they are reasonable. We do not guarantee that the forward-looking statements
will happen as described or that they will happen at all. Further information
regarding risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements is included in our
filings with the U.S. Securities and Exchange Commission, including our
registration statement on Form F-1. We undertake no obligation, beyond that
required by law, to update any forward-looking statement to reflect events or
circumstances after the date on which the statement is made, even though our
situation may change in the future.

For investor and media inquiries, please contact:

In China:
 Mr. Charles Bai
 ReneSola Ltd
 Tel: +86-573-8477-3061
 Email: charles.bai@renesola.com

 Mr. Derek Mitchell
 Ogilvy Public Relations Worldwide (Beijing)
 Tel: +86-10-8520-6284
 Email: derek.mitchell@ogilvy.com

In the United States:
 Mr. Jeremy Bridgman
 Ogilvy Public Relations Worldwide (New York)
 Tel: +1-212-880-5363
 Email: jeremy.bridgman@ogilvypr.com

In the UK:
 Mr. Tim Feather
 Hanson Westhouse Limited
 Tel: +44-20-7601-6100
 Email: tim.feather@hansonwesthouse.com


SOURCE ReneSola Ltd



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