
ReneSola

ReneSola
ReneSola was founded in June 2005 and is one of the world-class photovoltaic manufacturing and sales companies, owning Zhejiang Yuhui Sunshine Energy Co., Ltd., Sichuan Ruineng Silicon Materials Co., Ltd. and several overseas sales companies. Businesses include native polycrystalline silicon, single crystal silicon rods, polycrystalline silicon ingots, silicon wafer manufacturing and sales, battery cells, module manufacturing and sales, photovoltaic system solutions, etc.
ReneSola is a leader in the global photovoltaic industry. It has a high-quality scientific research, technical team and experienced management team. It is one of the only large groups in the global photovoltaic industry with integrated operations.
In June 2005, ReneSola established Zhejiang Yuhui Sunlight Energy Co., Ltd., mainly producing monocrystalline silicon wafers and polycrystalline silicon wafers; in August 2007, ReneSola invested in the Aluminum and Silicon Materials Co., Ltd. in the Meishan Aluminum and Silicon Industrial Park in Sichuan Province, and completed a 3,000-ton/year polycrystalline silicon project. The project has reached full production; in May 2009, ReneSola acquired Wuxi Jiacheng Solar Technology Co., Ltd. with full capital.
It is expected that by the end of 2011, ReneSola's production plan will reach a native polysilicon production capacity of 3,500 tons/year, silicon wafer production capacity of 1,900MW/year, battery cell production capacity of 600MW/year, and battery module production capacity of 600MW/year.
In 2006, ReneSola was listed on the London Stock Exchange in the United Kingdom, raising US$50 million; on March 21, 2007, ReneSola successfully issued US$120 million convertible bonds through Deutsche Bank; in January 2008, ReneSola successfully landed on the New York Stock Exchange in the United States, raising US$130 million, and successfully achieved additional issuance in June of that year, raising US$185 million. Through continuous development, ReneSola has successfully built a complete photovoltaic industry chain from native polysilicon to photovoltaic application systems, created the best quality photovoltaic brand in the industry, and became one of the world's first-class photovoltaic companies.
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