SOLA Renesola

    ReneSola Appoints Mr. Robert Naii Lee as Independent Director to Replace    
                               Retired Director                                

ReneSola Ltd ("ReneSola" or the "Company"), a leading global manufacturer of
solar wafers, is pleased to announce the appointment of Mr. Robert Naii Lee to
its board as an independent director. Mr. Lee replaces Mr. Binghua Huang who
has retired as director and chief technology officer.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080506/CNTU030 )

"We are delighted to welcome Mr. Lee as an independent director to our board,"
said Mr. Xianshou Li, ReneSola's chief executive officer. "Mr. Lee has an
extensive engineering background with over 20 years of executive experience in
the semiconductor industry. We are confident that his expertise will provide
valuable support to ReneSola as we continue in our goal of becoming a leading
player in the global solar power industry."

"Mr. Huang served as both a director on our board and chief technology officer
beginning in 2006 and we are very thankful for his valuable service to
ReneSola. Mr. Huang will continue to work with us as an advisor to help enhance
ReneSola's competitive advantage as a low cost supplier of wafers to the solar
industry," added Mr. Li.

Mr. Robert Naii Lee, aged 60, previously served executive roles as vice
president and president for Central Semiconductor Manufacturing Corporation
("CSMC") from 1998 to 2007. Prior to joining CSMC, Mr. Lee co-founded and
served as vice president of KFI, a semiconductor equipment and technology
company in California, from 1985 to 1998. Mr. Lee held engineering and project
management positions with Bechtel Corporation and Quadrex Corporation before
KFI. Mr. Lee holds a master's degree in nuclear engineering from the University
of California, Berkeley, and a master's degree in physics from the University
of Georgia, USA.

ReneSola is currently assessing candidates to fill a management position opened
by the retirement of Mr. Huang. ReneSola's board of directors now consists of
two ReneSola executive officers and three independent directors.

Mr. Lee has confirmed that other than the above there are no further
disclosures required under Schedule 2 paragraph (g) of the AIM Rules.

About ReneSola

ReneSola Ltd ("ReneSola") is a leading global solar wafer manufacturer.
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). 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 Financial, Beijing

Tel: +86-10-8520-6284

Email: derek.mitchell@ogilvy.com

In the US:

Mr. Jeremy Bridgman

Ogilvy Financial, New York

Tel: +1-212-880-5363

Email: jeremy.bridgman@ogilvypr.com

In the UK:

Mr. Tim Feather

Hanson Westhouse Limited

Tel: +44-207-601-6100

Email: tim.feather@hansonwesthouse.com

SOURCE ReneSola Ltd



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