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Jun 09, 2014
ReneSola Announces Partnership with Swiss SolarMax for Inverter Sales
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SAN FRANCISCO, June 9, 2014 -- ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL) (www.renesola.com), a leading brand and technology provider of solar photovoltaic (“PV”) products, today announced it has forged a partnership with SolarMax, a Swiss based global pure-play photovoltaic (PV) inverter company with its U.S. headquarters in Atlanta, GA and more than 20 years of PV inverter experience, and has finalized its first order of SolarMax inverters to Black Rock Solar.  “SolarMax expertise in solar inverter technology and system monitoring tools has been built over 20 years,” said Alan Beale, General Manager, SolarMax USA. “We are excited to apply this extensive experience to our partnership with ReneSola and further broaden the reach of our product portfolio.” 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.” About SolarMax SolarMax, a Swiss company, is one of the world’s leading manufacturers of grid-connected solar inverters. The company has developed, produced and sold inverters for more than 20 years for every system – from photovoltaic plants on single-family homes whose kilowatt output is modest, to the solar power plants whose output is measured in megawatts. The inverter is a key component of the solar plant, transforming the generated direct current into grid-compliant alternating current. 20 years of experience are not only reflected in the Swiss quality, highest efficiency, reliability, and durability of the SolarMax products, but also in the way the company offers its customers excellent international support in the field of after sales, comprehensive warranty services, and intelligent solutions for system monitoring. SolarMax is positioned internationally and currently has approximately 300 employees at the headquarters in Switzerland and at its locations worldwide. About 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. For investor and media inquiries, please contact: Mr. Logo - http://photos.prnewswire.com/prnh/20080506/CNTU030 SOURCE |
