ReneSola Connects 180 MW of Distributed Generation Projects in China

SHANGHAI, July 5, 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 ReneSola, commented: "We are proud to be on track in our goal of developing over 300 MW of solar rooftop projects in China this year.  At the mid-point of the year, we have connected about half of our goal.  These projects reinforce our optimistic outlook for the project development business.  Successful grid connection not only reflects solid execution by our development team, it demonstrates the enormous market potential in the region.  We believe we can accelerate our DG development in the quarters ahead, creating a strong complement to our burgeoning global project business."

About ReneSola

Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola (NYSE: SOL) is an international leading brand and technology provider of energy efficient products. Leveraging its global presence and expansive distribution and sales network, ReneSola is 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 visit www.renesola.com.

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