SHANGHAI, Nov. 28, 2018 /PRNewswire/ -- ReneSola Ltd
("ReneSola") (www.renesola.com) (NYSE: SOL), a leading
fully-integrated solar project developer and provider of
energy-efficient products, today announced that it was awarded 26
solar utility projects in Poland
with capacity of 1 MW for each.
All of these 26 projects are under Poland's Contract for Difference (CFD) regime
and eligible for a 15-year guaranteed tariff of PLN
354.8-358.8/MWh, close to the highest auction price of PLN
364.9/MWh.
The Energy Regulation Office in Poland held the country's latest round of
solar power auction on Nov. 15,
2018.
Xianshou Li, Chairman and Chief Executive Officer of ReneSola,
commented: "We are excited to once again have been awarded the
utility projects in Poland. This
project's winning validates our team's experience and expertise to
deliver reliable, cost-competitive distributed power to serve the
growing energy demand in the region. We look forward to further
supporting solar deployment in Poland and other emerging markets."
About ReneSola
Founded in 2005, and listed on the New York Stock Exchange in
2008, ReneSola (NYSE: SOL) is an international leading brand of
solar project developer. Leveraging its global presence and solid
experience in the industry, ReneSola is well positioned to develop
green energy projects with attractive return around the world. For
more information, please visit www.renesolapower.com.
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," "plans,"
"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:
ReneSola Ltd
Mr. Johnny Pan
+86 (21) 6280-9180 x131
ir@renesolapower.com
The Blueshirt Group Asia
Mr. Gary Dvorchak, CFA
+86 (138) 1079-1480
gary@blueshirtgroup.com
In the United
States:
The Blueshirt Group
Mr. Ralph Fong
+1 (415) 489-2195
ralph@blueshirtgroup.com
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SOURCE ReneSola Ltd.