Sinosure assigns AAA rating on ReneSola

Jul 23, 2013 - China Export & Credit Insurance Corporation, or Sinosure, has given a AAA credit rating to ReneSola Ltd (NYSE:SOL), the solar PV products provider said on Tuesday.
The rating action reflects ReneSola's credit track folder, operations and internal risk management, the company's CFO Henry Wang said in a statement. ReneSola is carefully managing its credit procedures, which has helped it avoid the debt problems which have afflicted other PV module providers, the manager added.
Bloomberg New Energy Finance (BNEF) upgraded ReneSola to a Tier One status earlier in July, the company said.

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