ReneSola Power Announces Fourth Quarter and Full Year 2019 Financial Results

-- Q4 Revenue of $26.5 million Exceeds High End of Guidance
-- 2019 Revenue of $119.1 million, Up 23%
-- Q4 Adjusted EBITDA of $7.5 million
--2019 Adjusted EBITDA of $33.6 million

PVTIME - ReneSola Ltd ("ReneSola Power" or the
"Company") (www.renesolapower.com) (NYSE: SOL), a leading
fully integrated solar project developer, today announced its unaudited
financial results for the fourth quarter and full year ended December 31, 2019.
ReneSola Power's fourth quarter and full year 2019 financial results and
management commentary can be found by accessing the Company's shareholder
letter on the quarterly results page of the Investor Relations section of
ReneSola Power's website at: http://ir.renesolapower.com.

ReneSola Power will hold a conference call today to discuss results and to
provide an update on the business.

Conference Call Details

ReneSola Power's management will hold a conference call today, March 13,
2020 at 8:30 a.m. U.S. Eastern Time (8:30 p.m. China Standard Time) to discuss
financial results. Please dial in 10 minutes before the call is scheduled to
begin and provide the passcode 8467105 to join the call.

Phone Number Toll-Free Number
United States +1 (845) 675-0437 +1 (866) 519-4004
Hong Kong +852 30186771 +852 8009-06601
Mainland China +86 (800) 819-0121
+86 (400) 620-8038
Other International +65 6713-5090

A replay of the conference call may be accessed by phone at the following
numbers until March 21, 2020. To access the replay, please reference the
conference ID 8467105.

Phone Number Toll-Free Number
United States +1 (646) 254-3697 +1 (855) 452-5696
Hong Kong +852 3051-2780 +852 8009-63117
Mainland China +86 (800) 870-0206
+86 (400) 602-2065
Other International +61 (2) 8199-0299

A webcast of the conference call will be available on the ReneSola Power
website at http://ir.renesolapower.com.

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