ReneSola Appoints Mr. TAN Wee Seng as Independent Director

April 16, 2009

JIASHAN, China, April 16 /PRNewswire-Asia-FirstCall/ — ReneSola Ltd
(“ReneSola” or the “Company”), a leading global manufacturer of solar wafers,
today announced the appointment of Mr. TAN Wee Seng to its board as an
independent director. Mr. Tan replaces Mr. Robert Naii Lee, an independent
director since July 2008, who stepped down from the board due to personal
reasons. Both changes are with immediate effect.

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“We are delighted to welcome Mr. Tan as an independent director to our
board,” said Mr. Xianshou Li, ReneSola’s chief executive officer. “Mr. Tan’s
expertise and deep experience serving in senior management positions with
other companies will provide valuable support to ReneSola as we continue in
our goal of becoming a leading player in the global solar power industry.”

Mr. Li added, “On behalf of the board and our company, I would like to
thank Mr. Lee for his valuable service and contributions to ReneSola during
his time as our independent director.”

Mr. TAN Wee Seng, aged 53, has over 30 years of experience in financial,
business, acquisition and post-acquisition management. Mr. Tan previously
served in executive roles, including Executive Director, Chief Financial
Officer and other positions, for Li Ning Company Limited (“LNCL”) from 2003 to
2008. Prior to joining LNCL, Mr. Tan worked at Reuters Limited since 1984 and
served as Senior Vice President in charge of business management in China and
other northeast Asian countries from 1999 to 2002, as Finance Manager in
charge of East Asia region financial management in 1998, as Managing Director
of AFE Computer Services Limited, a Reuters Hong Kong subsidiary, from 1995 to
1998 and as Director of Infocast Pty Limited, a Reuters Australia subsidiary,
from 1994 to 1995.

Mr. Tan is a fellow member of the Chartered Institute of Management
Accountants in the United Kingdom and a fellow member of the Hong Kong
Institute of Directors.

Mr. Tan has confirmed that, other than his current and previous
directorships/interests in the companies/partnerships disclosed below, he has
no disclosures pursuant to Schedule 2 paragraph (g) of the AIM Rules.

    Current Directorships/Partnerships
     Beijing City International School
     Volar Limited

    Directorships/Partnerships resigned in last five years
     Aigle (China) Outdoor Sports Goods Co Ltd
     Beijing Li Ning Sports Goods Co Ltd
     Shanghai Double Happiness Co. Ltd.
     Li Ning (Beijing) Sports Goods Commercial Co Ltd
     Li Ning Aigle Ventures Company Limited
     Li Ning Company Limited
     Li Ning Sports (China) Company Limited
     Li Ning Sports (Hong Kong) Company Limited
     Li Ning Sports (Shanghai) Company Limited
     Real Sports Pte Ltd

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:

     Ms. Julia Xu
     ReneSola Ltd
     Tel:    +86-573-8477-3372
     E-mail: julia.xu@renesola.com

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

    In the United States:

     Mr. Thomas Smith
     Ogilvy Financial, New York
     Tel:    +1-212-880-5269
     E-mail: thomas.smith@ogilvypr.com

    In the United Kingdom:

     Mr. Tim Feather / Mr. Richard Baty
     Hanson Westhouse Limited, London
     Tel:    +44-20-7601-6100
     E-mail: tim.feather@hansonwesthouse.com

SOURCE ReneSola Ltd

Source: newswire

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