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ReneSola Ranked Seventh in Deloitte Technology Fast 500 Asia Pacific 2008

Mon Jan 5, 2009 5:01am EST
JIASHAN, China, Jan. 5 /PRNewswire-Asia-FirstCall/ -- ReneSola Ltd
("ReneSola" or the "Company") (NYSE: SOL) (AIM: SOLA), a leading Chinese
manufacturer of solar wafers, today announced that the Company has been
honored as the seventh fastest growing technology company in Asia Pacific by
the Deloitte Technology Fast 500 Asia Pacific 2008 program.  The program
recognizes the success of the 500 fastest growing public and private
technology companies in Asia Pacific.
    (Logo: http://www.newscom.com/cgi-bin/prnh/20080506/CNTU030 )
    "We are delighted to be recognized by Deloitte as one of the top ten
fastest growing technology companies in the Asia Pacific region," said Mr.
Xianshou Li, ReneSola's chief executive officer.  "In October we were
recognized as the fourth fastest growing company within the TMT sector in
China by the Deloitte Technology Fast 50 China program, and this latest
accolade further demonstrates the effectiveness of our robust business model
and our dedication to technological innovation.  Building on our past success,
we will continue to capitalize on our competitive advantages to generate
future growth as solar power increases in affordability while approaching grid
parity."
    The Deloitte Technology Fast 500 Asia Pacific 2008 awards ceremony was
hosted at the InterContinental Hotel in Hong Kong on December 11, 2008.
ReneSola's chief financial officer, Mr. Charles Bai, was present to collect
the award.
    About Deloitte Technology Fast 500 Asia Pacific 2008 Program
    The Deloitte Technology Fast 500 Asia Pacific program recognizes
technology companies that have achieved the fastest rates of annual revenue
growth in Asia Pacific during the past three years.  The Asia Pacific program
was launched in 2002 to recognize the effort and dedication of the 500
fastest-growing technology companies in Asia Pacific and includes all areas of
technology, from internet to biotechnology, from medical and scientific to
computers/hardware.  It includes both public and private companies.  The
program includes companies based in Australia, China, Hong Kong SAR, India,
Indonesia, Japan, Macau SAR, Malaysia, Philippines, New Zealand, Singapore,
South Korea, Taiwan, Thailand and Vietnam.
    About ReneSola
    ReneSola Ltd ("ReneSola") is a leading global manufacturer of solar wafers
based in China.  Capitalizing on proprietary technologies and technical
know-how, ReneSola manufactures monocrystalline and multicrystalline solar
wafers. In addition, ReneSola strives to enhance its competitiveness through
upstream integration into virgin polysilicon manufacturing.  ReneSola
possesses a global network of suppliers and customers that include some of the
leading global manufacturers of solar cells and modules.  ReneSola's shares
are currently traded on the New York Stock Exchange (NYSE: SOL) and the AIM of
the London Stock Exchange (AIM: SOLA).  For more information about ReneSola,
please visit http://www.renesola.com .
    For investor and media inquiries, please contact:

    In China:
     Mr. Charles Bai
     ReneSola Ltd
     Tel:   +86-573-8477-3061
     Email: charles.bai@renesola.com

     Mr. Derek Mitchell
     Ogilvy Financial, Beijing
     Tel:   +86-10-8520-6284
     Email: derek.mitchell@ogilvy.com

    In the United States:
     Mr. Thomas Smith
     Ogilvy Financial, New York
     Tel:   +1-212-880-5269
     Email: thomas.smith@ogilvypr.com

    In the United Kingdom:
     Mr. Tim Feather / Mr. Richard Baty
     Hanson Westhouse Limited, London
     Tel:   +44-207-601-6100
     Email: tim.feather@hansonwesthouse.com / richard.baty@hansonwesthouse.com

SOURCE  ReneSola Ltd

In China, Mr. Charles Bai of ReneSola Ltd, +86-573-8477-3061, or,
charles.bai@renesola.com, or Mr. Derek Mitchell of Ogilvy Financial, Beijing,
+86-10-8520-6284, or derek.mitchell@ogilvy.com, or in the United States, Mr.
Thomas Smith of Ogilvy Financial, New York, +1-212-880-5269,
thomas.smith@ogilvypr.com, or in the United Kingdom, Mr. Tim Feather or Mr.
Richard Baty of Hanson Westhouse Limited, London, +44-207-601-6100, or
tim.feather@hansonwesthouse.com or richard.baty@hansonwesthouse.com, all for
SOL



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