SOLA Renesola

    ReneSola Ranked Fourth in Deloitte Technology Fast 50 China 2008        

JIASHAN, China, Nov. 10 /Xinhua-PRNewswire-FirstCall/ -- ReneSola Ltd
("ReneSola" or the "Company") (NYSE: SOL) (AIM: SOLA.L), a leading Chinese
manufacturer of solar wafers, today announced that it was recognized as the
fourth fastest growing Chinese technology company in the Deloitte Technology
Fast 50 China 2008 program. The program evaluates leading Chinese companies in
the TMT sector based on their average revenue growth rates over the last three
years.

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

"We are honored to be included in the Deloitte Technology Fast 50 China for
2008," said Mr. Xianshou Li, ReneSola's chief executive officer. "Over the last
three years we have utilized large-scale, cost-effective manufacturing while
capitalizing on strong technology development capabilities to become one of the
largest wafer manufacturers and one of the four fastest growing TMT companies
in China. Our inclusion in this prestigious ranking is a testament to the
leadership and vision of our strong and experienced management team and the
smooth and successful execution of our growth strategy."

The Deloitte Technology Fast 50 China program was started in 2005 to annually
recognize high-growth, high-technology companies in TMT industries. The program
bases its rankings on average revenue growth over the preceding three year
period. ReneSola ranked fourth in the rankings with a three-year average
revenue growth rate of 4,793%.

Participants in the Deloitte Technology Fast 50 China program automatically
qualify for participation in the Deloitte Technology Fast 500 Asia Pacific
program, which annually recognizes the 500 fastest growing TMT companies in
Asia Pacific. The awards ceremony for the Deloitte Technology Fast 50 China was
held in Shenzhen on October 31, 2008. The Deloitte Technology Fast 500 Asia
Pacific awards ceremony will be held on December 11, 2008 in Hong Kong.

About The Deloitte Technology Fast 50 China program

The Deloitte Technology Fast 50 China program ranks leading companies in TMT
sectors based on their average revenue growth rates over the last three years.
Along with its counterparts in Australia, India, Japan, Korea and New Zealand,
the Deloitte Technology Fast 50 China is a key component of the Deloitte
Technology Fast 500 Asia Pacific Program which is reputed as one of the most
established and objective ranking programs of fast growing technology companies
in the Asia Pacific Region.

About ReneSola

ReneSola Ltd ("ReneSola") is a leading global manufacturer of solar wafers
based in China. Capitalizing on proprietary technologies and technical
know-how, ReneSola manufactures monocrystalline and multicrystalline solar
wafers. 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 market
of the London Stock Exchange (AIM: SOLA). For more information about ReneSola,
please visit http://www.renesola.com .

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 United States:

Mr. Thomas Smith
Ogilvy Financial, New York
Tel:   +1-212-880-5269
Email: thomas.smith@ogilvypr.com

In the United Kingdom:
Mr. Tim Feather / Mr. Richard Baty
Hanson Westhouse Limited, London
Tel:   +44-207-601-6100
Email: tim.feather@hansonwesthouse.com / richard.baty@hansonwesthouse.com

SOURCE ReneSola Ltd



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