Milestones

  • In June 2005, our predecessor Zhejiang Yuhui Solar Energy Source Co., Ltd., which primarily manufactured monocrystalline wafers, was founded with a registered capital of US$1.5 million
  • By April 2006, we had installed 36 monocrystalline furnaces and reached annualized wafer production capacity of 30MW
  • In May 2006, we received ISO9000 certification
  • In August 2006, ReneSola listed on AIM of London Stock Exchange (LSE: SOLA), successfully raising US$50 million
  • In December 2006, our products passed appraisal and we became recognized as a Major Science and Technology Project of Zhejiang Province
  • By the end of 2006, we had installed 90 monocrystalline furnaces and reached annualized wafer production capacity of 80MW
  • In March 2007, ReneSola successfully issued a US$120 million convertible bond in Hong Kong via Deutsche Bank to fund the continued expansion of our production facilities and product lines
  • By May 2007, we had installed 186 monocrystalline furnaces and reached annualized wafer production capacity of 165MW
  • In August 2007, we commissioned a 160MW multicrystalline plant and our annualized wafer production capacity reached 378 MW
  • In September 2007, we established Sichuan ReneSola Silicon Materials Co., Ltd., a 3,000 tonne/year polysilicon plant to be commissioned in first half of 2009
  • In January 2008, we successfully raised over US$129 million and listed on the main board of the New York Stock Exchange under the ticker symbol “SOL”
  • In May 2008, Chen Changzhi, vice chairman of the Standing Committee of China's National People's Congress, visited our Zhejiang Yuhui subsidiary
  • By September 2008, our annualized wafer production capacity reached 595MW
  • In October 2008, Zhao Hongzhu, secretary of the Zhejiang Provincial Party Committee, visited Zhejiang Yuhui
  • In November 2008, Xi Jinping, vice chairman of China, visited Zhejiang Yuhui
  • By December 2008, we had installed 306 monocrystalline furnaces and 72 multicrystalline furnaces, and we reached annualized wafer production capacity of 645MW.
  • In May 2009, ReneSola formally entered the cell and module production sector through our purchase of Wuxi Jiacheng Solar Energy Technology Co., Ltd. (JC Solar)
  • In February 2010, ReneSola signed two OEM contracts with major global solar companies to provide 62 MW of solar modules in 2010 and 600 MW from 2010-2012. 
  • In Q1 2010, ReneSola signed three OEM agreements to provide 700 MW of solar modules to three major global solar companies over a period of three years.
  • In Jan 2011, ReneSola developed the Virtus Wafer, a multicrystalline wafer that achieves an average cell conversion efficiency rate of 17.5%

 

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