ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL), a leading global manufacturer of solar photovoltaic ("PV") modules and wafers, today announced the release of Micro RePlus™, available as a standalone microinverter compatible with ReneSola and other industry-leading PV modules. Micro RePlus™ will lead the domestic microinverter market in performance, cost and production.

"We recognize the importance of bringing down the cost of complete solar PV installations, while keeping installations companies profitable, in order to make clean, solar power available to everyone. By offering installer-direct turnkey solutions, such as that of Micro RePlus™, prices for the end user are lower and margins for installers are greater." Kevin Chen President, ReneSola America