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2017 Press Releases


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05 Sep 2017ReneSola Signs Agreement to Sell 24MW of Solar Project in North Carolina
SHANGHAI, Sept. 5, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it signed an agreement to sell a portfolio of its ground-mounted projects located in North Carolina, United States to a subsidiary of Panda Green Energy Group Limited, a leading investor and operator focusing on renewable energy sector ("Panda Green Energy", formerly known as "United Ph... 
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31 Aug 2017ReneSola Signs Agreement to Sell 10MW of Solar Projects in the UK
SHANGHAI, Aug. 31, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it agreed to sell two ground-mount projects in United Kingdom to Greencoat Solar II LP, an investment vehicle managed by Greencoat Capital LLP, one of the UK's largest dedicated renewable investment management firms. These two projec... 
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30 Aug 2017ReneSola Announces Results of Annual General Meeting
SHANGHAI, Aug. 30, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that all shareholder resolutions proposed at the Company's 2017 annual general meeting of shareholders held today were duly passed. Specifically, the shareholders' resolutions approved the following: the consolidated financial statements of the Company for the year end... 
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26 Aug 2017ReneSola Receives Notice Regarding NYSE Listing Criteria and Enters Into Term Sheet with Respect to Potential Disposition of Certain Businesses and Liabilities
SHANGHAI, Aug. 26, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that (i) the Company has been notified by NYSE Regulation (the "NYSE Notice") of being below the continued listing standards of the New York Stock Exchange (the "NYSE"), and (ii) in connection with the Company's evaluation of its strategic alternatives and its business plan ... 
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23 Aug 2017ReneSola Secures Project Financing for 30MW of Distributed Generation Projects in China
SHANGHAI, Aug. 23, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced it has secured an RMB120 million (US$18 million) financing facility from China Kangfu International Leasing Co., Ltd ("China Kangfu"), an affiliate of State Power Investment Corporation (SPIC). The financing will be used to support the development of ReneSola's 30 MW of s... 
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14 Aug 2017ReneSola and Nautilus Solar Announce the Acquisition of A 13.3MW Community Solar Portfolio in Minnesota
The Transaction Will Expand the Rapidly Growing Community Solar Marketplace SHANGHAI and SUMMIT, N.J., Aug.14, 2017 /PRNewswire/ -- ReneSola Ltd (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, and Nautilus Solar Energy, LLC ("Nautilus"), a leading national solar project development, acquisition and asset management company, today jointly announced Nautilus's acquisition of an approximately 13.3 MW community solar portfolio previousl... 
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07 Aug 2017ReneSola Announces New Headquarters Location
SHANGHAI, Aug. 7, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy efficient technology products, announced today that it has moved its corporate headquarters to a new location in Shanghai. The new address will be 7/F, Block B, Future Land Holdings Tower, No. 5, Lane 388, Zhongjiang Road, Putuo District, Shanghai 200062, China. All phone nu... 
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21 Jul 2017ReneSola Announces Notice of Annual General Meeting
SHANGHAI, July 21, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that its annual general meeting (the "AGM") will be held at the office of Kirkland & Ellis International LLP at 11th Floor, HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong New District, Shanghai, China at 2:00 p.m. Beijing time (2:00 a.m. U.S. Eastern Time) on Augu... 
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17 Jul 2017ReneSola Special Committee Engages Financial Advisor and Legal Counsel
SHANGHAI, July 17, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully integrated solar project developer and provider of energy-efficient products, today announced that the special committee (the "Special Committee") of its board of directors (the "Board") has retained Roth Capital Partners as its financial advisor and Kirkland & Ellis as its U.S. legal counsel in connection with its review and evaluation of the previously-announce... 
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10 Jul 2017ReneSola Awarded 42MW of Solar Projects in Poland's Electricity Auction
SHANGHAI, July 10, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it was awarded 42 solar utility projects in Poland with capacity of 1 MW for each.  All of these 42 projects are under Poland's Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff of PLN 385-392/MWh. These projects are expected to be connected to the ut... 
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06 Jul 2017ReneSola Awarded 5MW of Solar Projects in Thailand
SHANGHAI, July 6, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy efficient technology products, today announced that it was awarded 5MW of agricultural projects in Thailand.  The Energy Regulation Commission in Thailand recently announced project winners, which were selected by a lucky-draw system. Winners participate in a power purchase... 
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05 Jul 2017ReneSola Connects 180 MW of Distributed Generation Projects in China
SHANGHAI, July 5, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced the grid connection of over 180 MW of solar rooftop projects in China during the first half of 2017. Over 170 MW of the projects will supply power to the utility grid under the Feed-in-Tariff of RMB 0.98/kWh. Xianshou Li, Chairman and Chief Executive Officer of ReneS... 
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15 Jun 2017ReneSola Announces First Quarter 2017 Results
SHANGHAI, June 15, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy efficient technology products, today announced its unaudited financial results for the first quarter ended March 31, 2017.     First Quarter 2017 Highlights Q1 2017 Q/Q Change Y/Y Change Revenue $156.6 -32.5% -39.9% Gross P... 
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14 Jun 2017ReneSola Announces Receipt of a Preliminary Non-Binding Proposal and Formation of Special Committee to Consider Strategic Transactions
SHANGHAI, June 14, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully integrated solar project developer and provider of energy-efficient products, today announced that its board of directors (the "Board") has received a preliminary non-binding proposal ("Proposal"), dated June 13, 2017, from Mr. Xianshou Li, the Company's Chairman and Chief Executive Officer ("Mr. Li"), to acquire the Company's manufacturing business (including polysi... 
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07 Jun 2017ReneSola to Host First Quarter 2017 Results Conference Call on June 15, 2017
SHANGHAI, June 7, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully integrated solar project developer and provider of energy-efficient products, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2017 before the U.S. market open on Thursday, June 15, 2017. ReneSola's management will host an earnings conference call on June 15, 2017 at 8:30 a.m. U.S. Eastern Time (8:30 p.m. C... 
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28 Apr 2017ReneSola Files 2016 Annual Report on Form 20-F
SHANGHAI, April 28, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully integrated solar project developer and provider of energy-efficient products, today announced that it filed its Annual Report on Form 20-F for the year ended December 31, 2016 with the U.S. Securities and Exchange Commission on April 28, 2017. The Annual Report on Form 20-F can be accessed on ReneSola's investor relations website at http://ir.renesola.com or on the ... 
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17 Apr 2017ReneSola Signs Agreement to Sell 6.75MW of Solar Project in North Carolina
SHANGHAI, April 17, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it signed an agreement to sell its utility-scale project located in North Carolina, United States to New York-based Greenbacker Renewable Energy Company, LLC ("Greebacker"), a publicly registered, non-traded Limited Liability Company focused on investments in renewable energy power pla... 
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13 Apr 2017ReneSola to Attend SNEC in Shanghai on April 19-21, 2017
SHANGHAI, April 13, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy efficient technology products, announced today that it will exhibit at the SNEC 2017 International Photovoltaic Power Generation Conference & Exhibition in Shanghai from April 19 to April 21. ReneSola will be introducing its latest solar modules for both domestic and international markets, including ... 
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30 Mar 2017ReneSola Connects 10MW of Ground-mount Solar Projects to UK Grid
SHANGHAI, March 30, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced the completion and grid connection of two ground-mount projects in the United Kingdom. These projects have a combined capacity of approximately 10 MW. ReneSola managed the design and construction of these projects, and will provide ongoing operation and maintenance services... 
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28 Mar 2017ReneSola Announces Fourth Quarter and Full Year 2016 Results
SHANGHAI, March 28, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy efficient technology products, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2016. Fourth Quarter 2016 Highlights Q4 2016 Q/Q Change Y/Y Change Revenue $232.1 +24.1% -21.7% ... 
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14 Mar 2017ReneSola to Host Fourth Quarter and Full Year 2016 Results Conference Call on March 28, 2017
SHANGHAI, March 14, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully integrated solar project developer and provider of energy-efficient products, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2016 before the U.S. market open on Tuesday, March 28, 2017. ReneSola's management will host an earnings conference call on March 28, 2017 at 8:30 a.m. U.S. Easter... 
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08 Mar 2017ReneSola Provides Solid Outlook for Project Business
SHANGHAI, March 8, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today provided an updated outlook for its project business. The Company currently has approximately 335 MW of projects that are under construction and plans to construct over 550 MW in 2017.  During the construction phase, the projects will be financed by construction loans and also fu... 
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02 Mar 2017ReneSola Regains Compliance with NYSE's Continued Listing Requirements
SHANGHAI, March 2, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, announce today that, based on a notice received yesterday from the New York Stock Exchange (the "NYSE"), the Company has regained compliance with the NYSE's continued listing requirement of a minimum average closing price of $1.00 per share over the previous consecutive 30-trading-day perio... 
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06 Feb 2017ReneSola Provides Solid Outlook for China Distributed Generation Business
SHANGHAI, Feb. 6, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today provided an updated outlook for its solar rooftop project pipeline in China. As of January 31, 2017, the Company had over 393 MW of solar rooftop projects in "shovel-ready" stage.  All of the projects have been filed with National Development and Reform Commission, and the Company... 
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03 Feb 2017ReneSola Provides EPC Service for 32MW of Solar Rooftop Projects in China
SHANGHAI, Feb. 3, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it will provide EPC service for solar rooftop projects in Shandong, Anhui and Zhejiang Provinces with a combined capacity of 32 MW. The Company will also supply 32MW of solar modules for these projects. The electricity generated from the projects will be consumed by their respectiv... 
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30 Jan 2017ReneSola Announces ADS Ratio Change
SHANGHAI, Jan. 30, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced a ratio change for the Company's American Depositary Receipt ("ADR") program. As a result, the number of the Company's shares represented by each American Depositary Share ("ADS") will be changed from two (2) shares to ten (10) shares (the "Ratio Change"). The ADR effective ... 
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24 Jan 2017ReneSola Announces Strategic Partnership with China Resources Leasing Co., Ltd.
SHANGHAI, Jan. 24, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it formed a strategic partnership with China Resources Leasing Co., Ltd., a subsidiary of China Resources (Holdings) Co., Ltd ("CR" or "China Resources Group"), a conglomerate registered in Hong Kong with seven key strategic business units and over 1,900 business entities.  Under ... 
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06 Jan 2017ReneSola Awarded 13MW of Solar Projects in Poland's First Electricity Auction
SHANGHAI, Jan. 6, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it won 13 solar utility projects in southern Poland, each with a capacity of 1 MW.  All of these 13 projects are eligible for a guaranteed tariff of PLN 408.8/MWh, which is the highest in the auction. The projects are all expected to be connected to the grid by December 2017. The e... 
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05 Jan 2017Renesola Sells Two Commercial Solar Projects in U.S.
SHANGHAI, Jan. 5, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it sold its two solar projects in Holyoke, Massachusetts (the "Projects") to New York-based C2 Special Situations Group, LLC, ("C2"), a private investment firm focused on investments in the distributed generation sector. The Projects have a combined capacity of approximately 1.3 MWDC and... 
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03 Jan 2017ReneSola Signs Framework Agreement to Develop 335 MW of Rooftop Projects
SHANGHAI, Jan. 3, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it signed a framework agreement with a wholly owned subsidiary of Beijing Enterprises Clean Energy Group Limited (HKEX: 1250) ("Beijing Enterprises Clean Energy"), a Beijing-based, Hong Kong-listed company that engages in the photovoltaic development business, to develop... 
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