ReneSola Announces Partnership with Swiss SolarMax for Inverter Sales

SAN FRANCISCO, June 9, 2014 /PRNewswire/--ReneSola Ltd("ReneSola" or the "Company") (NYSE: SOL) (www.renesola.com), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced it has forged a partnership with SolarMax, a Swiss solar inverter and system monitor manufacturer, and has completed the first order of SolarMax inverters to be delivered to Black Rock Solar.

The nine SolarMax 18kW inverters will be installed along with ReneSola Virtus II 305W modules for a 204kW solar power project at Western Nevada College. With the latest inverter technology from SolarMax, the solar system will produce around 324,000 kWh per year and power numerousclassrooms, labs and administrative offices for the college.

"We are delighted to cooperate with SolarMax in providing bundled solutions to our customers with both high quality modules and inverters," said Kevin Chen, President of ReneSola America. "The high-efficiency and durable inverters optimize our solar energy generation, increasing the yield of ReneSola PV modules. We firmly believe that this new partnership will help to make better renewable energy products in the future, which will benefit our customers with more efficient and more advanced solar power systems."

About SolarMax

SolarMax ranges amongst the worldwide leading manufacturers of grid-connectedsolar invertersand matching solutions forsystem monitoring. The products of the SolarMax brand are suitable for any field of application, from photovoltaic systems in single-family homes up to solar power plants in the megawatts range. They are characterized bySwiss Quality: highest efficiency, operational reliability, and durability, complemented by extraordinaryafter sales support.

About ReneSola

Founded in 2005,ReneSola(NYSE:SOL) is a leading brand and technology provider of solar PV products. Leveraging its proprietary technologies, economies of scale and technical expertise,ReneSolauses in-house virgin polysilicon and a vertically integrated business model to provide customers with high-quality, cost-competitive products.ReneSolasolar modules have scored top PVUSA Test Conditions (PTC) ratings with high annual kilowatt-hour output, according to theCalifornia Energy Commission(CEC).ReneSolasolar PV modules can be found in projects ranging in size from a few kilowatts to multi-megawatts in markets around the world, includingthe United States,Germany,Italy,Belgium,China,Greece,SpainandAustralia. 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. Brian Armentrout
ReneSola America
Tel: [phone]
Email:[e-mail]

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

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SOURCE ReneSola Ltd.