ReneSola Signs Wafer Supply Agreement with BP Solar

ReneSola Ltd ("ReneSola" or the "Company"), a leading Chinese manufacturer of solar wafers, today announced that it has signed a one-year wafer supply agreement with BP Solar International Inc. ("BP Solar"). Under the terms of the contract, ReneSola will supply BP Solar with 120 megawatts ("MW") of monocrystalline and multicrystalline solar wafers in 2009 and BP Solar will supply 700 metric tonnes of polysilicon to ReneSola.

''We are pleased to extend our relationship with BP Solar, one of the world's leading solar companies,'' commented Mr. Xianshou Li, ReneSola's chief executive officer. ''This contract demonstrates our continuing efforts to strengthen ties with existing global customers and expand our international business beyond Asia.''