JIASHAN, China, November 11, 2010 – ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL) (AIM: SOLA), a leading global manufacturer of solar wafers and provider of solar module original equipment manufacturer (“OEM”) services, has issued 120,000 shares for no consideration to an employee pursuant to the Company’s Share Incentive Plan.

Admission of the new shares to trading on AIM is expected to occur on 16 November 2010.

Following the issue of the new shares there are 173,696,912 shares in issue.

For investor and media inquiries, please contact:

In China:

Ms. Feng Qi
ReneSola Ltd
Tel:         +86-573-8477-3903
Email:    feng.qi@renesola.com

Mr. Derek Mitchell
Ogilvy Financial, Beijing
Tel:         +86 (10) 8520-6284
E-mail:   derek.mitchell@ogilvy.com

In the United States:

Ms. Jessica Barist Cohen
Ogilvy Financial, New York
Tel:         +1-646-460-9989
Email:    jessica.cohen@ogilvypr.com

In the United Kingdom:

Mr. Tim Feather / Mr. Richard Baty
Westhouse Securities Limited, London
Tel:         +44 (0) 20-7601-6100
E-mail:   tim.feather@westhousesecurities.com
                richard.baty@westhousesecurities.com