Global Excellence 2020

58 Acquisition International - Global Excellence 2020 6 Acquisit on International - Issue 4 2020 Feb20287 Bringing Solar Power to The World Renewable energies have experienced a massive surge in growth, popularity, and also necessity in recent years. The global warming crisis is not going away, and the constant overuse of non-renewable energy sources is fast depleting the human race of what it needs to survive. Renewables can solve that problem, but it takes true innovators and visionaries to make it happen. Enter Chinese firm, ReneSola, recipient of Acquisition International’s award for Most Outstanding Solar PV Modules – 2020. Join us, as we take a closer look at the innovation that has seen this firm achieve excellence. he allure of renewable energy sources can sometimes appear too good to be true, but it is fast becoming one of the most necessary changes that people on this planet will have to make in order to continue living with some semblance of normality. Whether it be hydroelectricity, tidal energy, wind energy, or geothermal energy, there are a multitude of ways that the human race can, and must, adapt in order to protect the future of both the planet and its varied flora and fauna. However, arguably chief amongst these renewable energy options for homeowners and residents in cities and towns as well as for the large power plant developers across the world is solar energy; harnessing the power of the sun to great effect. As traditional biofuels and non-renewable energy sources continue to be depleted, more and more people are looking towards more environmentally- friendly and protective alternatives. That is where the companies like ReneSola comes into the story. ReneSola brand was established fifteen years ago in the year 2005, at a time when in China there were only a handful of truly global manufacturers of products related to thewidespread commercial usage of solar energy. Today, ReneSola is responsible for manufacturing and providing clients all over the world with high quality solar photovoltaic cells and modules, complete with polycrystalline and monocrystalline technologies for increased efficiency and effectiveness. Every single client has the opportunity to reduce their carbon footprint and reduce their dependence on the Earth’s natural resources in order to promote a sustainable future. In today’s world, with the increased focus on renewable energies and environmental protection, the success of ReneSola is absolutely and completely warranted. It would be hard to argue with the company’s reputation as a reliable and high quality SPV manufacturer, as it has risen year on year, and continues to rise to this day, achieving significant benchmarks and milestones. Just one year after it began trading, the company was listed on the London Stock Exchange before going on to be listed on the New York Stock Exchange in 2008. In 2011, it was reported that ReneSola had begun development on the Virtus Wafer which would boost solar efficiency to much higher levels, and then went on to start OEM production overseas just a year later. 2015 saw the launch of its commercial and residential rooftop business in China, and then in 2016, the firm hit the milestone of globally shipping upwards of 15GW. As of 31st December 2017, ReneSola T Mr. Sky Wang CEO ReneSola Yixing Co. Ltd. Most Outstanding Solar PV Modules - 2020