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ReneSola's Virtus II PV Modules Installed At Temple University

Stocks in this article: SOL





SAN FRANCISCO, Dec. 12, 2013 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced its collaboration with Community Energy, Inc. ("Community Energy"), a Pennsylvania based developer of clean energy projects. ReneSola provided its high-efficiency PV modules to power the 63KW roof-top solar array installed at Temple University in Philadelphia, PA.(Logo: http://photos.prnewswire.com/prnh/20080506/CNTU030 )



The rooftop system was constructed at Edberg-Olson Hall, Temple University's main football practice facility, and is the first of its kind at a college or university in Philadelphia. The array consists of 268 ReneSola 60-cell high efficiency Virtus II PV modules capable of generating 63KW of photovoltaic power. Power generated by the system is supplied to Community Energy customers.

Mr. Kevin Chen, president of ReneSola America stated, "We are pleased to have partnered with Community Energy and are confident that our products and service will continue to exceed expectations. We are also excited that this opportunity is enabling us to drive growth in the nascent renewable energy sector in Pennsylvania, and expect this project will position us for future growth in the region."

"Long-term reliability is essential to the success of our projects, which is why we choose ReneSola as our module supplier," said Brent Alderfer, president of Community Energy. "We are confident that this project's future revenue streams will lead to a high return on our investment."

Jamie Resor, CEO of groSolar, supplier of technology and equipment to the project said, "We are pleased to have partnered with ReneSola to construct the Temple University solar installation, developed in collaboration with Community Energy. ReneSola lived up to its reputation for providing timely delivery, competitive pricing, and high quality products."

"Temple is proud to contribute to the growth of solar energy in Pennsylvania," said James Creedon, senior vice president of Construction, Facilities and Operations at Temple University. "This partnership with Community Energy enables our university to support the development of renewable energy in our community while avoiding up-front capital costs."

About ReneSolaFounded 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, please visit www.renesola.com.



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