Renesola Power has agreed to buy back $ 50 million

Stamford, Con, December 6, 2021 / PRNewswire / – ReneSola Ltd. Buy again until $ 50 million The Company’s Amazing American Deposits (“ADS”). The license is valid immediately and has no expiration date. To date, the company has produced about 70 million ADS.

ReneSola logo (PRNewsFoto / ReneSola Ltd) (PRNewsfoto / ReneSola Ltd.)

CEO of Renesola Power Yumin Liu “This acquisition license reflects the confidence of our board and management team in the strength of our business and the promising prospects for growth.

Renesola Power may, at its discretion, purchase ADS from time to time for open market purchases, private bargain transactions, blockchain, accelerated or other structured stock purchase programs or other means. The course, time, price and amount of any transaction will be decided by the Company and may be based on market conditions, regulatory requirements and potential opportunities for capital gain or investment.

About ReneSola Power

ReneSola Power (NYSE ፡ Sol SOL) is a leading global solar project developer and operator. The company focuses on solar project development, construction management and project finance services. With domestic professional teams in more than 10 countries around the world, the business is spread across several fast-growing solar energy markets, and could continue to grow due to improved transparency in government policies. The company’s strategy is to pursue high-profile project development opportunities in these lucrative and emerging markets. Especially in the US and Europe, The company is a market leader in several geographies, including Poland, Hungary, Minnesota And new York.



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Source: ReneSola Ltd.

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