ReneSola Ltd (“ReneSola” or the “Company”) (NYSE: SOL), a leading global manufacturer of solar photovoltaic (“PV”) modules and wafers, today announced that the Company has shipped over 100 megawatts (“MW”) of PV modules to customers in Australia since January 2012.
The PV module shipments have been used by leading solar retailers, distributors and project developers in a wide range of installations from domestic rooftops to large-scale commercial applications.
Mr. Xianshou Li, ReneSola’s chief executive officer, said, “The number of shipments to Australia has increased substantially in the last year. Since last summer, we have more than doubled our shipments there. This reflects both the pace of the Australian market and our burgeoning solar module business. Our increasing market recognition for high-quality products and leading technology, particularly our Virtus line, has positioned us well in the Australian market. We will continue to focus on improving our products, as well as cultivate long-term relationships with local energy companies, to strengthen our module business and facilitate the growth of Australia’s promising solar industry.”
Founded in 2005, ReneSola (NYSE:SOL) is a leading global manufacturer of high-efficiency solar PV modules and wafers. Leveraging its proprietary technologies, economies of scale and technical expertise, eneSola uses in-house virgin polysilicon and a vertically integrated business model to provide customers with high-quality, cost-competitive products. ReneSola solar modules have scored top PVUSA Test Conditions (PTC) ratings with high annual kilowatt-hour output, according to the California Energy Commission (CEC). ReneSola solar PV modules can be found in projects ranging in size from a few kilowatts to multi-megawatts in markets around the world, including the United States, Germany, Italy, Belgium, China, Greece, Spain and Australia. For more information, please visit www.ReneSola.com.