ReneSola Sells 40 Energy Storage Systems to Think Green Energy

JIASHAN, China, July 23, 2014 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (www.renesola.com) (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced the delivery of 30 ReneSola Novaplus 2KW energy storage systems to a national distributor in Chelmsford for onward sale to Essex installation company Think Green Energy. An additional 10 units are on order for use by Think Green Energy customers in the southeast of England.

"At ReneSola we have been expanding our product range to include products that provide additional energy savings and generate value for solar installations, including our Novaplus batteries and LEDs," said Ian Glover, general manager of ReneSola UK. "The Novaplus RFP-2000E5 2KW energy storage system is a plug-and-play device that has become increasingly popular due to its ease of installation and use, along with its superior value for money. We are delighted to be working with Think Green Energy and look forward to developing this partnership further. ReneSola's lithium ion energy storage systems have generated keen interest in the marketplace and will be on display at agricultural trade shows across the UK this summer."

Think Green Energy is an independent installation company based in Battlesbridge that offers its customers the best renewable energy solutions on the market. Kate Chambers, director of Think Green Energy, said, "We've been waiting a long time for a product like this to optimize the installations of our residential customers. A battery storage system that is user-friendly and cost-effective such as the ReneSola Novaplus is the ideal solution. We are happy to offer it to all our customers."

For more information, please visit www.renesola.com

About ReneSola

Founded in 2005, and listed on theNew York Stock Exchangein 2008,ReneSola(NYSE: SOL) is an international leading brand and technology provider of green energy products. Leveraging its global presence, and expansive OEM and sales network, ReneSolais well positioned to provide its highest quality green energy products and on-time services for EPC, installers, and green energy projects around the world. For more information, please visitwww.renesola.com.

For investor and media inquiries, please contact:

In China:

Ms. Laura Chen
ReneSola Ltd
Tel: [phone]
E-mail: [e-mail]

Mr. Derek Mitchell
Ogilvy Financial, Beijing
Tel: [phone]
E-mail: [e-mail]

In the United States:

Mr. Justin Knapp
Ogilvy Financial, U.S.
Tel: [phone]
E-mail: [e-mail]

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SOURCE ReneSola Ltd.