June 9, 2014
ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, announced it has forged a partnership with SolarMax, a Swiss solar inverter and system monitor manufacturer, and has completed the first order of SolarMax inverters to be delivered to Black Rock Solar.
The nine SolarMax 18kW inverters will be installed along with ReneSola Virtus II 305W modules for a 204kW solar power project at Western Nevada College. With the latest inverter technology from SolarMax, the solar system will produce around 324,000 kWh per year and power numerous classrooms, labs and administrative offices for the college.
"We are delighted to cooperate with SolarMax in providing bundled solutions to our customers with both high quality modules and inverters," said Kevin Chen, President of ReneSola America. "The high-efficiency and durable inverters optimize our solar energy generation, increasing the yield of ReneSola PV modules. We firmly believe that this new partnership will help to make better renewable energy products in the future, which will benefit our customers with more efficient and more advanced solar power systems."
SolarMax ranges amongst the worldwide leading manufacturers of grid-connected solar inverters and matching solutions for system monitoring. The products of the SolarMax brand are suitable for any field of application, from photovoltaic systems in single-family homes up to solar power plants in the megawatts range. They are characterized by Swiss Quality: highest efficiency, operational reliability, and durability, complemented by extraordinary after sales support.
Founded in 2005, ReneSola (NYSE:SOL) is a leading brand and technology provider of solar PV products. Leveraging its proprietary technologies, economies of scale and technical expertise, ReneSola uses in-house virgin polysilicon and a vertically integrated business model to provide customers with high-quality, cost-competitive products. ReneSola solar modules have scored top PVUSA Test Conditions (PTC) ratings with high annual kilowatt-hour output, according to the California Energy Commission (CEC). ReneSola solar PV modules can be found in projects ranging in size from a few kilowatts to multi-megawatts in markets around the world, including the United States, Germany, Italy, Belgium, China, Greece, Spain and Australia.
For more information:
Contact person: In China; Ms. Laura Chen
Contact person: In the United States: Mr. Brian Armentrout
Contact person: Mr. Justin Knapp
Ogilvy Financial, U.S.
Tel: Tel: +1-616-551-9714
Contact person: In Beijing: Mr. Derek Mitchell