ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced its string inverter, Replus, has formally obtained certification in Australia, Germany, Denmark, the United Kingdom, France, Spain, Greece, the Netherlands, Belgium, Poland, Portugal, Switzerland, Sweden andRomania.
Mr. Xianshou Li, ReneSola's chief executive officer, said, "Along with our Micro Replus certifications, these certifications are key to expanding our downstream business in international markets. They are a testament to the performance, credibility and safety of Replus, a cost-efficient solution for increasing the energy output of solar modules. Compared to microinverters, string inverters tend to have lower costs per peak watt and greater capacity. We plan to capitalize on our quality-certified string and microinverters to provide households and large-scale PV systems worldwide with a variety of solar energy solutions."
ReneSola's Replus 1.5-5kW single-phase and 10-20kW three-phase string inverters, which convert DC electricity from one or more strings of solar panels to AC electricity, received a number of certifications in the first seven months of 2013, including:
- VDE certification from Bureau Veritas, one of the largest worldwide players in testing, inspection and certification of consumer products, for the right to be marketed in Germany;
- Certificates of Approval from SAA Approvals, a third-party certification body accredited by the Joint Accreditation Service of Australia and New Zealand to issue Certificates of Approval for electrical equipment proven to comply with the safety requirements of the applicable Australian Standard, for the right to be exported and sold in Australia and New Zealand;
- G83 and G59 Compliance Documents from Bureau Veritas confirming compliance with the listed standards in the United Kingdom;
- RD1699, C10/11, DIN V VDE V0126-1 and EN50438 certifications from Bureau Veritas for the right to be exported and sold in Spain, Belgium, Greece, the Netherlands, Portugal, Switzerland and other European countries.
The Company expects its Replus string inverter to receive certifications for an additional three countries byAugust 2013.
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, please visit www.renesola.com.