Company Information for Renesola plc

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AIM; SOLA

Company Statement

Renesola, China's most dynamic solar energy company. Production is set to reach 373MW by the end of 2007 putting us on track to be the largest supplier of wafers to the country's solar industry. Renesola's high quality wafers are sold to a wide range of customers both in China and abroad. Our commitment to non fossil fuels based electricity generation, has led the way in recycling for the solar industry.

Growth Agenda

World solar demand is doubling every two years. China is set to grow even faster as it increases its share of global solar manufacturing. Renesola is at the forefront of Chinese ingot and wafer manufacturing and is set to increase its presence in this space.

Industry experts estimate that the annual amount of scrap wafer from the semiconductor industry is between 3,000 and 5,000 tons. In addition, there are many more tons of scrap wafer from previous years in storage and land-fill facilities.

With a long-standing commitment of recycling and protecting the environment, Renesola has successfully developed relationships with semiconductor manufacturers to obtain their scrap material and recycle it.

Additional 96 mono-crystalline furnaces were installed in March and April 2007. The furnaces have been fully operational, with annualized monocrystalline capacity to 165 MW.

Construction of new 43,000㎡ of facility started in June 2007. Such facility will be used to house the new monocrystalline furnaces and is expected to be completed in December 2007.

The construction of the facility to house the multicrystalline capacity is near completion. This facility will house multi-crystalline furnaces with capacity to 150MW.

Company Diagram

Wafers

Renesola currently produces roughly 7 million solar wafers a month. These wafers are delivered to a number of leading cell manufacturers, both within China and abroad.

Operations and Technology

Products & Technology

Renesola brings innovative solutions to its customers by focusing on continual refinement in manufacturing processes.

Products

Feedstock

Renesola is able to secure raw material supplies through its wafer recycling division and through close ties with domestic poly-silicon producers.

Ingots

Moving from our core competency in mono-crystal ingot production, we will soon be adding the flexibility of multi-crystal capacity.

Wafers

Renesola's high quality wafers are sold to a wide range of customers both in China and abroad.

Quality

Renesola's reputation for quality has allowed us to form long-term relationships with many other leading players in the industry.

Technology

Recycling

Through proprietary techniques, we are able to transform waste wafer from the semi-conductor industry and scrap polysilicon into feedstock for solar PV production.

Ingot Technology

We maximize the output of our furnaces by using leading computer control systems and highly skilled staff.

Wafer Thickness

We have steadily increased the number of wafer per cm of ingot through a combination of reduced thickness and lower kerf loss.

Research & Development

Our R&D team features leading experts in feedstock, ingot and wafer manufacturing.

Board of Directors and Key Management

Mr. Li Xian Shou	Chief Executive Officer

Mr. Charles Bai	Chief Finance Officer

Prof. Huang BingHua	Chief Technology Officer

Mr. Wu Yun Cai	Chief Operating Officer

Company Address

Shanghai China
Shanghai, China n/a


Telephone:	+86 573 8477 3061
Facsimile:	+86 573 8477 3058
Email:	investors[at]renesola.com
Website:	http://www.renesola.com

Additional Address/Key Contact

Please click on this Link to get in contact with our Investor Relations Department
IR@renesola.com

Capital

100,000,032 ordinary shares

Most Recent Statement

11/09/07 - Multicrystalline Production Capacity Update
22/08/07 - Second Quarter Results
16/08/07 - Notice of Q2 Results
25/07/07 - Result of AGM

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