ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL), a leading global manufacturer of solar photovoltaic ("PV") modules and wafers, has announced the establishment of its Asia-Pacific, Middle East and Africa regional sales headquarters in Singapore. This announcement comes in conjunction with the Singapore International Energy Week 2012.
In order to strengthen its business practice in Asia Pacific, the Middle East and Africa, as well as take advantage of Singapore's strength as a financial and talent hub in Southeast Asia, ReneSola has set up its sales office with its subsidiary in Singapore, ReneSola Singapore Pte., Ltd. ("ReneSola Singapore"). Located on Toh Guan Road East, Singapore, this new office will deal with all the major markets in Asia Pacific, the Middle East and Africa to further drive sales and business development for the Company in these regions.
"We are delighted to announce the opening of our regional sales office in Singapore," commented Mr. Xianshou Li, founder and chief executive officer of ReneSola. "Singapore is a financial and talent hub for clean technology and a favorable environment to facilitate large-scale adoption of solar energy. Given our track record of global successes and the strong support from the Singapore Economic Development Board, we expect to establish a deeper connection with our new location."
"We warmly welcome ReneSola's decision to establish its regional sales office in Singapore," said Mr. Goh Chee Kiong, director of Cleantech at the Singapore Economic Development Board. "This investment will add to the vibrancy of our solar ecosystem and strengthen the development of Singapore as a global clean energy hub. It also affirms how Singapore is viewed increasingly as the internationalisation platform for leading Asian clean technology enterprises."