ReneSola to Donate PV Modules to the Brian D. Robertson Memorial Solar Schools Fund

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ReneSola, one of the world’s largest solar companies, today announced that it has donated solar photovoltaic (PV) modules to the Brian D. Robertson Memorial Solar Schools Fund. The donated solar PV modules will be installed on 12 educational facilities located in Illinois.

ReneSola to Donate PV Modules to the Brian D. Robertson Memorial Solar Schools Fund
High-Performance PV Modules Will Help Schools Transition to Clean, Renewable Energy

ReneSola (the "Company",) (NASDAQ: SOL), one of the world’s largest solar companies, today announced that it has donated solar photovoltaic (PV) modules to the Brian D. Robertson Memorial Solar Schools Fund. The donated solar PV modules will be installed on 12 educational facilities located in Illinois. All 12 facilities also received solar PV system installation grants from the Illinois Clean Energy Community Foundation K-12 Solar Schools Program, and are being installed in partnership with the Foundation for Environmental Education. The 12 recipients of the ReneSola PV modules and Illinois Clean Energy Community Foundation grants include:

  •     Audubon Elementary School, Chicago, IL
  •     Hawthorn Aspen Elementary, Vernon Hills, IL
  •     Hawthorn Elementary School North, Vernon Hills, IL
  •     Hawthorn Elementary School South, Vernon, IL
  •     Indian Valley Vocational Center, Sandwich, IL
  •     Lake Zurich Middle School South, Lake Zurich, IL
  •     Libertyville High School, Vernon Hills, IL
  •     Lockport Township High School, Lockport, IL
  •     Study Center at Boy Scout Camp Lakota, Woodstock, IL
  •     Woodstock High School, Woodstock, IL
  •     Townline Elementary and School of Dual Language, Vernon Hills, IL
  •     Vernon Hills High School, Vernon Hills, IL

A joint venture with The Solar Foundation, the Brian D. Robertson Memorial Solar Schools Fund is based on Robertson’s “20/20 Vision of Solar in America™,” aiming to facilitate the installation of 20,000 solar energy systems at K-12 schools throughout the United States by 2020.

An entrepreneur and solar pioneer who co-founded SunEdison, Brian Robertson was killed in a plane crash in December of 2011 while serving as CEO of Amonix, Inc. The foundation was established to achieve Robertson’s vision of putting solar electricity within reach of millions of students across the country.

In regards to these recent developments, President of ReneSola America, Mr. Kevin Chen, stated: “We are proud to support the solar initiatives put in place by the Brian D. Robertson’s Memorial Solar Schools Fund, and look forward to seeing the benefits of these recent installation projects on these Illinois schools.”

Yolanda Seabrooks, Program Director of the foundation said of the schools projects, “The generosity of partners like Renesola and Illinois Clean Energy Community Foundation is the key to making fulfillment of the Brian Robertson’s solar schools vision a reality.” Robertson’s widow, Eileen Robertson, chairman of the Brian D. Robertson Memorial Solar Schools Fund added, “Brian saw education as the foundation for developing a clean energy economy and strengthening our nation’s future. Schools face rising energy costs and an uncertain climate for state and national education funding.”

About ReneSola

Established in 2005 ReneSola Ltd. (NYSE: SOL) is a leading global photovoltaic manufacturer with our own R&D team, advanced production equipment and deep production experience. ReneSola has 17 subsidiaries, with our own production bases distributed in Zhejiang Jiashan, Jiangsu Wuxi and Sichuan Meishan. We specialize in the R&D and manufacturing of polysilicon, silicon wafer and solar modules and are one of the few large solar conglomerates with vertically integrated operations from virgin polysilicon to photovoltaic systems in the global photovoltaic industry. ReneSola was listed on the New York Stock Exchange (NYSE:SOL) in 2008. Our products have been delivered all over the world since our establishment. We have locations worldwide with sales branches established in Europe, the Americas and the Asia-Pacific regions, providing customers with timely services and high-quality photovoltaic products. With our innovative technology capabilities and quality products, ReneSola is actively expanding the downstream business, providing integrated solutions for commercial, agricultural and large-scale projects to tirelessly and continuously improve the strategic status of solar energy and to further improve our innovative capability.
With the mission of improving the cost competitiveness and increasing the energy efficiency of the solar industry, ReneSola is committed and focused on our R&D. Backed by our solid and strong financial condition, our R&D team is leveraging on their strong technical expertise and the innovative capabilities to drive the development of the photovoltaic industry towards greater cost-effectiveness and higher energy efficiency.

About Illinois Clean Energy Community Foundation

The Illinois Clean Energy Community Foundation was established in December 1999 as an independent foundation with a $225 million endowment provided by Commonwealth Edison. The mission of The Foundation is to improve energy efficiency, advance the development of renewable energy resources and protect natural areas for people in communities all across Illinois. Over the past thirteen years, the Foundation has steadily grown its support of clean energy investments in Illinois through a widening array of programs. To date, it has awarded over 3,900 grants providing $191 million to Illinois nonprofit organizations, schools, municipalities and other local and state government agencies. The foundation’s K-12 Solar Schools and K-12 Wind Schools Programs have reached over 250 schools and 200,000 students in Illinois. To find out more about the Illinois Clean Energy Community Foundation please visit http://www.illinoiscleanenergy.org. To find out more about the Illinois Solar School program, please go to http://www.IllinoisSolarSchools.org.

About The Brian D. Robertson Memorial Solar Schools Fund

Brian Robertson, a Canadian-born entrepreneur whose life was never taken for granted, “willed” success in everything he touched from the Internet to solar energy. He passed away in 2011 as the former CEO of Amonix, founder of SunEdison, and a remarkable record of other entrepreneurial leadership. The Brian D. Robertson Memorial Solar Schools Fund was created to introduce students to solar power by having a total of 20,000 solar energy systems installed at K-12 schools across the nation by 2020. The “20/20 Vision of Solar in America™” will put solar electricity within reach of millions of students across the country – a goal that embodies Brian’s belief that education is critical for developing a green energy economy and strengthening our nation’s future.

Safe Harbor Statement

This press release contains statements that constitute ''forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Whenever you read a statement that is not simply a statement of historical fact (such as when the Company describes what it "believes," "expects" or "anticipates" will occur, what "will" or "could" happen, and other similar statements), you must remember that the Company's expectations may not be correct, even though it believes that they are reasonable. The Company does not guarantee that the forward-looking statements will happen as described or that they will happen at all. Further information regarding risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements is included in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's annual report on Form 20-F. The Company undertakes no obligation, beyond that required by law, to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made, even though the Company's situation may change in the future.

For investor and media inquiries, please contact:

In China:

Investor Relations
ReneSola Ltd
Tel: +86-21-62809180-162/105
E-mail: ir(at)renesola(dot)com

Mr. Derek Mitchell
Ogilvy Financial, Beijing
Tel: +86-10-8520-3073
E-mail: sol(at)ogilvy(dot)com

In the United States:

Mr. Justin Knapp
Ogilvy Financial, U.S.
Tel: +1-646-460-9989
E-mail: sol(at)ogilvy(dot)com

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