Document:

Exhibit
4.28

     

    CONTRACT
No.     
32-000155-01C V     

     

    made
between

     

    THE
BUYER

    Zhejiang
Yuhui Solar Energy Source Co., Ltd (ReneSola)

    ADDRESS:
No.8 Baoqun Road Yaozhuang

    Industrial
Park,

    Jiashan
Country, Zhejiang Province,

    314117
China

    Tel: +86
(0)573 4773058

    Fax: +86
(0)573 4773383

     

    and

     

    THE
SELLER:

    ALD
VACUUM TECHNOLOGIES GmbH

    ADDRESS:
Wilhelm-Rohn-Strasse 35, 63450 Hanau, Germany

    Fax:
49-6181-307-3299

    Tel:
49-6181-307-3078

     

    This
contract is made by and between the Buyer and Seller, whereby the Buyer agrees
to buy and the Seller agrees to sell the under mentioned commodity according to
the terms and conditions stipulated below:

     

    1.

    
      
        
          
            
              
                
                  
                    
                      
                        	
                                ITEM

                              	 
      	
                                COMMODITIES;
      SPECIFICATIONS

                              	 
      	
                                ALL AMOUNTS

                                in

                                EUR

                              
	
                                1

                              	 
      	
                                Eighty
      (80) Silicon Crystallisation Units Type SCU 400 capable of Melting,
      Crystallising, Annealing and Cooling Down of Photovoltaic Grade Silicon
      Ingots, scope of supply and service as per Annex 1,

                              	 
      	
                                [****]*

                              
	
                                2

                              	 
      	 
      	 
      	 
      
	 
      	 
      	
                                Spare
      Parts Package 

                                -hereafter
      referred to as the Equipment or the Goods-

                              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                                CIF
      Shanghai, China Seaport according to Incoterms 2000. 

                              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                                Total
      Contract Price

                              	 
      	 
      

                      

                    

                  

                

              

            

          

        

      

    

     

    in words:
EUR Forty Million Eight Hundred Thousand only.

    
      2. COUNTRY OF ORIGIN AND
MANUFACTURERS: European Community;

    

    
      ALD
Vacuum Technologies GmbH, Germany

    

    
       

      
        
          

        

        * This portion has
been omitted and filed separately with the Securities and Exchange Commission
pursuant to Rule 406.

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      3.
PACKING:

    

     

    To be
packed in new strong wooden cases and suitable for long distance ocean
transportation and to change of climate, well protected against rough handling,
moisture, rain, corrosion, and shocks. The wooden cases shall be marked with an
IPPC Stamp.

     

    The
Seller shall be liable for any direct damage of the commodity and direct
expenses incurred on account of improper packing and for any rust attributable
to inadequate or improper protective measures taken by the Seller in regard to
the packing.

     

    
      4.
SHIPPING MARK

    

     The
Seller shall mark on the four adjacent sides of each package with fadeless
painting the package number, gross weight, net weight, measurement, Contract
No., port of destination, consignee code and the wordings “KEEP AWAY FROM
MOISTURE”; “HANDLE WITH CARE”, “THIS SIDE UP”, the lifting position, gravity
centre and the shipping mark:

     

    RENESOLA

    Contract
32-000155-01 C V

     

    
      5. TIME OF SHIPMENT (delivery
“on board” European Seaport, i.e. date of Bill of Lading):

    

     

    Under the
condition that the down payment as per Article 9.1 is credited at sellers
account not later than July 30, 2008 and the 1st Letter
of Credit as per Clause 9.2 and 9.4 is received by the Seller not later than
August 15, 2008, the delivery time will be as follows,

     

    1st
Lot:

    06 SCU
400 not later than [****]*

    02 SCU
400 not later than [****]*

    12 SCU
400 not later than [****]*

    12 SCU
400 not later than [****]*

    16 SCU
400 not later than [****]*

    60% of
the Spare Parts Package not later than [****]*

     

    Under the
condition that the down payment as per Article 9.1 is credited at sellers
account not later than July 30, 2008 and the 2nd Letter
of Credit as per Clause 9.3 and 9.4 is received by the Seller not later than
November 30, 2009, the delivery time will be as follows,

     

    2nd
Lot:

    16 SCU
400 not later than [****]*

    16 SCU
400 not later than [****]*

    40% of
the Spare Parts Package not later than [****]*

    

    Earlier
delivery in other sequences is allowed.

    

    In case
of a delay in receipt of the down payment and/or Letter of Credit(s), the time
of delivery is prolonged by an appropriate period.

    

    6 PORT OF SHIPMENT: European
North-Sea Port

     

    
      
        

      

    

    * This
portion has been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 406.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    7 PORT OF DESTINATION:
Shanghai Seaport China

     

    8 TRANSPORT INSURANCE: Under
CIF terms transport insurance for 110 % of the invoice value shall be
arranged by the Seller.

     

    9.
PAYMENT TERMS:

    

    All
payment under this contract from the Buyer to the Seller shall be made via
Industrial and Commercial Bank of China, Zhejiang Branch, Swift BIC:
ICBKCNBJZJP, IID No. 307911, Account No. 1204070009814017930 via Swift
to Seller’s account as follows:

    

    9.1  30%
of the total contract amount, i.e. [****]* –as down payment to be
paid against presentation of a down payment invoice showing the same amount in
favor of ALD’s account no. with Bayerische Hypo und Vereinsbank, Aschaffenburg,
or COMMERZBANK Ffm to be received by seller no later than fifteen (15) calendar
days after coming into force of contract.

    

    9.2  The
Buyer shall open with a first class Chinese Bank the 1st Letter
of Credit to be advised by Seller’s Bank to the Seller not later than 30 days
after coming into force of the contract for [****]*,— representing the value
of 70% of 48 Furnaces i.e. [****]*—plus Spare Parts i.e.
[****]*—representing 70%
of the value of the spare parts of the 1st lot.
The latest date of shipment shall be 9 months from coming into force of the
contract plus 8 weeks.

    

    9.3  The
Buyer shall open with a first class Chinese Bank the 2nd Letter
of Credit to be advised by Seller’s Bank to the Seller not later than 5 months
after coming into force of the contract for [****]*,— representing the value
of 70% of 32 Furnaces i.e. [****]*—plus Spare Parts i.e.
[****]*—representing 70%
of the value of the spare parts. The latest date of shipment shall be 11 months
from coming into force of the contract plus 8
weeks.                                  
                  :

     

    9.4  The
both Documentary Letters of Credit as per item 9.2 and 9.3 shall irrevocably
opened in favor of the Seller, shall be advised by and payable as Hypo
Vereinsbank, Frankfurt or COMMERZBANK Frankfurt (to be advised by the Seller)
not expiring before the last payment rate has been paid out. Partial shipment
allowed. Period for presentation of documents shall not less than 21 days. The
letters of Credit shall be payable as follows:

    

    
      70%  pro
rata delivery of the partial contract amount for the Furnaces as per 9.3 and
9.4 against Seller’s presentation of :

    

    

    
      	
               
      

            	
              -

            	
              Seller’s
      commercial invoice signed in 1 original and 4 copies, indicating the
      contract no. and shipping mark,

            

    

    
      	
               
      

            	
              -

            	
              Full
      set of 3/3 original clean on board Bills of Lading marked “Freight
      pre-paid”, indicating Contract No. and shipping mark made out to order and
      blank endorsed, notifying the
Buyer,

            

    

    
      	
               
      

            	
              -

            	
              Packing
      List in 2 originals and 2 copies issued by the Seller with indication of
      gross weight, net weight, dimension of each package, number of packages
      and content of each package.

            

    

    

    
      
        
* This
portion has been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 406.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              -

            	
              Certificate
      of Quality and Quantity issued by the Seller, in one original and two
      copies

            

    

    
      	
               
      

            	
              -

            	
              Certificate
      of Origin in one original and two
copies

            

    

    
      	
               
      

            	
              -

            	
              One
      copy of fax to the Buyer, advising particulars of shipment within 8
      working days after date of B/L is
made

            

    

    
      	
               
      

            	
              -

            	
              A
      Performance Bond for 5% of the value of the Furnaces of the
      respective partial shipment issued by a first class German Bank or
      Insurance Institute in favour of the
Buyer

            

    

    
      -

    

    
      70%  pro
rata delivery of the partial contract amount for Spare Parts against
Seller’s presentation of :

    

    

    
      	
               
      

            	
              -

            	
              Seller’s
      commercial invoice signed in 1 original and 4 copies, indicating the
      contract no. and shipping mark,

            

    

    
      	
               
      

            	
              -

            	
              Full
      set of 3/3 original clean on board Bills of Lading marked “Freight
      pre-paid”, indicating Contract No. and shipping mark made out to order and
      blank endorsed, notifying the
Buyer,

            

    

    
      	
               
      

            	
              -

            	
              Packing
      List in 2 originals and 2 copies issued by the Seller with indication of
      gross weight, net weight, dimension of each package, number of packages
      and content of each package.

            

    

    
      	
               
      

            	
              -

            	
              Certificate
      of Quality and Quantity issued by the Seller, in one original and two
      copies

            

    

    
      	
               
      

            	
              -

            	
              Certificate
      of Origin in one original and two
copies

            

    

    
      	
               
      

            	
              -

            	
              One
      copy of fax to the Buyer, advising particulars of shipment within 8
      working days after date of B/L is
made

            

    

    

    All the
banking charges incurred in China shall be borne by the Buyer while all the
banking charges incurred outside China shall be borne by the
Seller.

    

    10.
SHIPMENT:

    Trans
shipment is prohibited. Partial shipments are allowed.

    One copy
of fax to the Buyer, advising particulars of shipment within 3 working days
after date of B/L is made as per the stipulations of Clause 11.2.

    

    11.
LATE DELIVERY AND LIQUIDATED DAMAGES:

    Should
the Seller fail to make delivery (i.e. shipment on board the vessel as per
Clause 5. above) on time as stipulated in the contract, with exception of Force
Majeure causes specified in Clause 15 of this contract or delays not imputable
to Seller, the Buyer shall agree to postpone the delivery on condition that he
is entitled to claim from Seller Liquidated Damages. After an initial grace
period of 2 weeks, the rate of Liquidated Damages is charged at 0.5% of the
value of the goods being in delay for every complete week of delay. Such
Liquidated Damages, however, shall not exceed 5.0% of the total value of the
Goods involved in the late delivery.

    In case
the time of delivery is delayed for more than 4 months for reason solely
attributable to the Seller, the Buyer has the right to terminate the contract
for the furnaces being in such delay. In such a case the Seller has to repay the
down payment received for this furnace(s) and has to pay the respective penalty
to the Buyer.

    

    Further
liabilities of the Seller for delay are excluded.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    12
INSPECTION AND TESTING:

    
      
        	
                12.1

              	
                The
      Seller shall invite the Buyer in time to attend the inspection and testing
      procedure in German as described in Chapter 5 of the Annex 2 of the
      technical specification for one of the Furnaces produced. The delegation
      of the Buyer shall consist of up to 5 persons (including 1 interpreter).
      In case the specialist of the Buyer does not attend the testing procedure
      the Seller has the right to perform the tests without the presence of the
      Buyer.

              

      

    

    

    
      
        	
                12.2

              	
                After
      arrival of the goods on Buyer’s site, the Buyer, with the Seller’s
      representatives ( if requested by the Seller and if Seller’s
      representative arrives in time), has the right to apply to the Beijing
      Entry-Exit Inspection and Quarantine (hereinafter referred to as the
      Entry-Exit Inspection) for a preliminary inspection in respect of the
      quality, specifications and quantity/weight of the goods and a Survey
      Report shall be issued therefore. If discrepancies are found by the
      Entry-Exit Inspection regarding specifications of the quantity or both,
      except when the responsibilities lie with insurance company or shipping
      company, the Buyer shall, within 60 days after arrival of the goods on
      Buyer’s site, have the right to claim against the
  Seller.

              

      

    

     

    Should
the quality and specifications of the goods be not in conformity with contract
or should the goods prove defective within the warranty period stipulated in
Clause 13 for any reason imputable to Seller, the Buyer shall arrange for a
survey to be carried out by the Entry-Exit Inspection and have the right to
claim against the Seller on the strength of the Survey Report.

     

    
      
        	
                12.3 

              	
                Final
      acceptance testing of the Furnaces shall be carried out as per Chapter 7
      of Annex 2. Final acceptance shall take place for each of the delivered
      furnace independently.

              

      

    

     

    13  SHIPPING
ADVICE:

     

    The
Seller shall, within 3 working days after B/L-date, advise the Buyer by fax of
the Contract No., commodity, quantity, number of package, invoiced value, gross
weight, name of vessel, date of B/L and B/L- number, and estimated date of
arrival etc.

    

    14  WARRANTY
AND QUALITY:

     

    Seller
warrants that the equipment will be constructed in a workmanlike manner, that it
is free from defects in material and manufacture and that, at the time Seller
tenders delivery at the destination point, it will conform substantially to the
Specifications and Designs.

     

    If within
12 months after this first start-up at Buyer’s site or within 16 months from FOB
delivery or notification that the equipment is ready for dispatch, whichever is
earlier, any item of the equipment proves to be defective by reason of wrong
choice of material, bad workmanship or faulty design, and such reasons are
attributable to Seller, Seller at his choice and expense, and upon Buyer’s
prompt written notice - which is to be given at the latest within fourteen
(14) days from the discovery of such defect - shall replace the defective
item by a new one or repair it within a reasonable time after receipt of buyer’s
notice, but not more than 3 months unless a special situation is verified, the
parties will reach another agreement in regard of time.

     

    Provided
a claim by the Buyer is received by the Seller in writing during the Seller’s
office hours (Monday to Friday) the Seller shall respond in writing within the
following 2 working days and will manage to work out a suitable solution with
the Buyer.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    It is
agreed and understood that the warranty period starts and end of each of the
delivered furnaces independently.

     

    It is
clearly understood that Seller’s responsibility for parts fabricated locally and
/ or bought by Buyer according to Seller’s engineering instructions is limited
to the submitted design and engineering.

     

    Seller’s
warranty does not cover parts which are subject to normal wear and tear as well
as damages due to improper or negligent handling of equipment or due to
deviations from Seller’s operating instructions.

     

    The
foregoing warranties are definite and Seller makes no other warranties with
respect to the equipment, expressed or implied, including no warranty of
merchantability or of fitness for a particular purpose.

    

    15  FORCE
MAJEURE:

     

    The
contract parties shall be released from liability for partial or complete
non-fulfilment of their obligations hereunder if due to Acts of God/Force
Majeure, including but not limited to war, fire, flood, typhoon, earthquake,
strike, embargo or governmental acts or interference’s. In such an event, the
contract party suffering from such event shall promptly notify the other
contract party in writing of the beginning and cessation of the circumstances
preventing performance, and the time for fulfilment of the contractual
obligations shall be extended for a period of time equal to that during which
such circumstances have lasted, or for such other reasonable period as the
contract parties may agree upon. In addition, within fourteen days after the
party’s notification of a Force Majeure event, such party shall send by airmail
to the other party a certificate issued by the Competent Government Authorities
or Chamber of Commerce where the event occurs as evidence thereof.

     

    Should
the Force Majeure period exceed 40 consecutive weeks, either contract party
shall have the right to cancel the contract. No liability or penalty shall be
imposed on the party suffering from such an event for damages of any kind
incurred or sustained by the other party from delays in the performance of this
contract for the reasons stated above.

    

     16  ARBITRATION:

     

    All
disputes in connection with this contract or the execution thereof shall be
settled through friendly negotiations. In case no settlement can be reached, the
case may then be submitted for arbitration in Stockholm in accordance with the
arbitral rules promulgated by the Arbitration Commission (ICC, Paris rules). The
arbitration shall take place in Stockholm, Sweden and the decision of the
Arbitration Commission shall be final and binding upon both parties; neither
party shall seek recourse to a law court nor other authorities to appeal for
revision of the decision. Or the arbitration may be settled in a third country
mutually agreed upon by both parties. Arbitration fee shall be borne by the
losing party. The contract shall be governed by the substantive law of
Sweden.

    

     17
EFFECTIVENESS OF CONTRACT:

     

    This
contract shall become effective upon

     

    
      	
               
      

            	
                
      -

            	
              Signature
      of this Contract by both parties.

            

    

     

    Should
the Seller not having received

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        	
                 
      

              	
                l

              	
                the down payment by July 30, 2008
      and/or

              

      

    

    
      
        	
                 
      

              	
                l

              	
                the 1st L/C(s) by August 5, 2008
      and/or

              

      

    

    
      
        	
                 
      

              	
                l

              	
                the 2nd L/C by November 30,
      2008.

              

      

    

     

    The
Seller has the right to adjust the prices and/or to prolong the delivery time(s)
as per Article 5 and related dates for a period of time to be advised by the
Seller.

     

    In case
the contract is not into force on or before September 1st 2008,
the Seller has right to declare this document as invalid.

     

    18. TAXES AND
DUTIES 

     

    
      
        	
                18.1 

              	
                All
      taxes in connection with the execution of this contract levied by the
      Chinese Government on the Buyer in accordance with the tax laws in effect
      shall be borne by the Buyer.

              

      

    

     

    
      
        	
                18.2 

              	
                All
      taxes arising outside of China in connection with the execution of this
      contract shall be borne by the
Seller.

              

      

    

     

    19  GENERAL
LIABILITY:

     

    Liability
for damage to persons or property is accepted by the Seller only to the extent
covered by the existing insurance (third party liability insurance) concluded by
the Seller. This third party liability insurance for any one insured event and
annual aggregate shall provide insurance cover up to a limit of € 10.000.000,—
for bodily injury and property damage.

     

    Any
liability by Seller for consequential damages, loss of profit, or any other
indirect losses or damages is expressly excluded, to the extent that the Seller
does not infringe on compulsory law.

     

    20  PASSAGE
OF RISK

     

    The risk
of loss passes to the Buyer according to the provisions of the Incoterms 2000,
applicable for the delivery condition as stipulated in this
contract.

     

    21
PASSING OF TITLE

     

    The
Seller reserves the right of ownership for all deliveries made and services
rendered under the contract until payment of the contract price has been made in
full by the BUYER.

     

    The Buyer
shall co-operate in any measures necessary for the protection of Buyer’s title,
in particular reservation of title in the required form in public registers or
similar records, all in accordance with relevant laws.

     

    22  SECRECY

     

    The
Secrecy Agreement signed on September 29, 2006 shall apply to all
information exchanged under this contract.

     

    23
APPENDICES

     

    The
following Appendices form an integral part of this contract:

     

    Annex
1  price sheet

     

    Annex 2
Technical Specification No. SCU 400 No. 32- 0002155-01 Rev A

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Annex 3
Draft of the Performance Bond.

     

    IN
WITNESS THEREOF, this contract is signed by all parties in two original copies,
each party holds one copy. The Appendices of this contract shall be an integral
part of the contract and have the same validity as the contract. In case of any
discrepancies, the wording of this contract shall govern. Attached to the
contract or integrated into it might be a Chinese translation of the contract
language. This translation is for reference only and in any case the English
version shall govern.

    

    
      
        	
                THE
      BUYER:

              	 
      	
                THE
      SELLER:

              
	
                Zhejiang
      Yuhui Solar Energy Source Co., Ltd

                (ReneSola)

                No.8
      Baoqun Road Yaozhuang Industrial

                Park,
      Jiashan Country, Zhejiang Provinec, 314117

                China

              	 
      	
                ALD
      VACUUM TECHNOLOGIES GmbH

                Wilhelm
      Rohn Str. 35

                63450
      Hanau, Germany

              

      

    

    

    
      
        	
                
                  /s/
      Fred Yeh

                

              	 
      	
                
                  /s/
      Helmut Berg

                

              
	
                Mr.
      Fred Yeh COO and General Manager

              	 
      	
                ppa.
      Helmut Berg

              

      

    

     

    July 15,
2008                                      July
15, 2008

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
              ALD
      Vacuum Technologies GmbH

            	
              Annex
      1 to Contract CV

            

    

    

    PRICE
SHEET

    

    32-000155-01
C V

    

    for

    Eighty
(80) Silicon Crystallisation Units

    

    Type
SCU 400

    

    Capable
of Melting, Crystallising, Annealing and Cooling Down of Photovoltaic

    Grade
Silicon

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
              ALD
      Vacuum Technologies GmbH

            	
              Annex
      1 to Contract CV

            

    

    

    1.   
         Price for SCU 400

    

    1.1           The price for Eighty (80) SCU
400

    as per
scope of supply defined in Chapter 3 of

     Technical
Specification No. 32-000155-01 C V amounts to

    ([****]*,—for each
furnace)                  [****]*,

    The steel
structure as per item 3.12 of Annex 2 for the eight furnaces shall be
manufactured and delivered by the Buyer. The Seller shall provide the basic
engineering for this steel structure.

    

    1.2           
The price for
Supervision

    as
defined in Chapter of

    Technical
Specification No. 32-000155-01 C V (Annex 2)

    One
Hundred and Twenty (120) man weeks included in Position 1.1. and
1.2.

    

    1.3           Spare
parts

    1.3.1          
       Spare parts package to be selected by
the customer    [****]*

    1.3.2           
      15 (fifteen) Set of Top-and Bottom
heater

     Each
consisting of: Heating Rods and Connecting
tubes       [****]*

    

    Total contract value CIF Shanghai
according to INCOTERMS
2000     [****]*

     

    
      
        
*
This portion has been omitted and
filed separately with the Securities and Exchange Commission pursuant to Rule
406.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
              ALD
      Vacuum Technologies GmbH

            	
              Annex
      2 to Contract CV

            

    

    

    TECHNICAL
SPECIFICATION

    

    32-000155-001

    

    For

    Silicon
Crystallisation Unit

    

    Type SCU
400

    

    Capable
of Melting, Crystallising, Annealing and Cooling Down

    of
Photovoltaic Grade Silicon

    

    
      
        
          
            
              
                
                  	
                          Customer:

                        	
                          Rene
      Sola

                        
	 
      	
                          NO.8
      Baoqun Road

                        
	 
      	
                          Yao
      Zhuang

                        
	 
      	
                          Jiashan,
      Zhejiang Province

                        
	 
      	
                          314117
    CHINA

                        
	 
      	
                          Phone: 0573 477
      3058

                        
	 
      	
                          Fax:
      0573 477 3383

                        
	 	 
	
                          Proposed
      by:

                        	
                          ALD
      Vacuum Technologies GmbH

                        
	 
      	
                          Wilhelm-Rohn-Str.
      35

                        
	 
      	
                          D-63450
  Hanau

                        
	 	 
	
                          Contact
      partner sales:

                        	
                          Mr.
      Michael Hohmann

                        
	 
      	
                          Phone: +(49) 6181-307-3309

                        
	 
      	
                          Fax:
      +(49) 6181-307-3299

                        
	 	 
	 
      	
                          E-Mail:
      michael.hohmann@ald-vt.de

                        
	 	 
	
                          Representative
      I
      Local Office:

                        	
                          C
      & K Development Co. Ltd.

                        
	 
      	
                          1808,
      Henderson Building, Block
      1

                        
	 
      	
                          18 Jianguomennai
      Avenue

                        
	 
      	
                          Beijing
      -100005

                        
	 
      	
                          P. R.
      China

                        
	 	 
	 
      	
                          Contact:
      Mr. Ray Zhaoyu

                        
	 
      	
                          Phone:
      +81-10-65182828

                        
	 
      	
                          Fax:
      +81-10-65188182

                        
	
                          Date

                        	
                          June
      11th ,
      2008

                        

                

              

            

          

        

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
              ALD
      Vacuum Technologies GmbH

            	
              Annex
      2 to Contract CV

            

    

    

    [****]*

     

    
      
        
*
This portion has been omitted and
filed separately with the Securities and Exchange Commission pursuant to Rule
406.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
              ALD
      Vacuum Technologies GmbH

            	
              Annex
      3 to Contract CV

            

    

    

    To:

    Zhejiang
Yuhui Solar Energy Source Co., Ltd (ReneSola)

    ADDRESS..
NO.8 Baoqun Road Yaozhuang

    Industrial
Park, Jiashan Country, Zhejiang Province

    314117
China

    

    PERFORMANCE
BOND NO.

    

    We have
been informed that our customer, ALD Vacuum Technologies GmbH, Wilhelm-Rohn Str.
35, D¬63450 Hanau, hereinafter called the SELLER, and your goodselves
-hereinafter called BUYER -have entered into a contract concerning the supply
of

    

    Eighty
(80) Silicon Crystallisation Units Type SCU 400 capable of Melting,
Crystallising, Annealing and Cooling Down of Photovoltaic Grade Silicon Ingots,
hereinafter called MACHINE(S),

    

    in the
total value of EUR...........................for the MACHINE(S) plus Spare Parts amounting to
€........................... i.e. the total contract value is €........................

    

    The Value
of this partial shipment for MACHINES no..... to...... amounts to €..................... (i.e.
€............... per MACHINE)

    

    In
accordance with the payment conditions agreed upon, a payment amounting to
....... % of the value of the partial shipment for the MACHINES i.e. EUR
...............will be made by you to the SELLER against a guarantee in your favour,
amounting to 5 % of the value of the partial shipment for the MACHINE(S) i.e.
EUR ...............

    

    In
consideration of the aforesaid, we............... , (Issuing Institute), hereby undertake
to repay to you any sum you may claim from us but not exceeding the amount of
EUR............... ,—within 30 days after receipt of your first demand in writing wherein
you declare simultaneously that the SELLER failed to comply with obligations
regarding HIe acceptance of tile MACHINE for reasons for which he is
responsible. Any claim for payment under this guarantee has to be presented to
us, together with this document, through a first-class bank which has to confirm
to us the authenticity of the signature on your written demand.

    

    It is a
condition for claims and payment under this guarantee to be made that the
payment in the sum of EUR............... (value of this partial shipment) has been
received by (Name of the Bank) at the account............... without reserve in favour of
the SELLER.

    

    Our
liability under this guarantee will expire pro rata acceptance of each MACHINE,
to be proven by SELLER through presentation to us of copie(s) of individual
acceptance protocols for each of the MACHINES or latest 4 months after the
respective date of Bill of Lading. A copy of the Bill of Lading along with a
copy of the respective invoice has to be presented to us by the SELLER which
constitute sufficient proof for the pro rata expiration of the guarantee by
us.

    

    Our
liability under this guarantee will expire automatically 4 months from the date
of Bill of Lading latest however on ............ Any claim under it must be received by
us by that date.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
              ALD
      Vacuum Technologies GmbH

            	
              Annex 3
      to Contract CV

            

    

    

    This
guarantee is to be returned to us as soon as it is no longer required, or its
validity has expired whichever is earlier.

    

    ...........................................

    Signature
of the issuing InsitutExhibit
4.29

     

    

    

    CONTRACT

     

    Between

     

    BP Solar International
Inc.

     

    and

    

    Renesola Singapore Pte.,
Ltd.

     

    for

    

    Supply of
Solar Wafers.

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    

    Contract
No.:BPRS-WF-2009-01

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    

    Index of Contract
Documents

     

    
      
        
          
            
              	
                      No.

                    	 
      	
                      Description

                    	 
      
	 
      	 
      	 
      	 
      
	
                      Section
      1

                    	 
      	
                      Agreement

                    	
                      5

                    
	 
      	 
      	 
      	 
      
	
                      Section
      2

                    	 
      	
                      General
      Terms and Conditions

                    	
                      11

                    
	 
      	 
      	 
      	 
      
	
                      Section
      3

                    	 
      	
                      Attachments:

                    	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	
                      Attachment-A,
      Commodity, Quantity, Price, & Schedule

                    	
                      18

                    
	 
      	 
      	
                      Attachment-B,
      Specifications

                    	
                      20

                    
	 
      	 
      	
                      Attachment-C,
      BP Associates

                    	
                      23

                    
	 
      	 
      	
                      Attachment-D,
      Renesola Associates

                    	
                      24

                    

            

          

        

      

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    SECTION
1

     

    AGREEMENT

     

    Table
of Contents

     

    
      
        
          	
                  

                    Article
      No.

                  

                	 
      	
                  

                    Description

                  

                	 
      
	 
      	 
      	 
      	 
      
	
                  1.

                	 
      	
                  CONTRACT
      TERM

                	
                  5

                
	 
      	 
      	 
      	 
      
	
                  2.

                	 
      	
                  NAME
      OF COMMODITY

                	
                  5

                
	 
      	 
      	 
      	 
      
	
                  3.

                	 
      	
                  QUANTITY

                	
                  6

                
	 
      	 
      	 
      	 
      
	
                  4.

                	 
      	
                  PRICE

                	
                  6

                
	 
      	 
      	 
      	 
      
	
                  5.

                	 
      	
                  SHIPPING
      TERMS

                	
                  6

                
	 
      	 
      	 
      	 
      
	
                  6.

                	 
      	
                  SHIPPING
      SHCEDULE

                	
                  6

                
	 
      	 
      	 
      	 
      
	
                  7.

                	 
      	
                  PAYMENT
      TERMS

                	
                  6

                
	 
      	 
      	 
      	 
      
	
                  8.

                	 
      	
                  QUALITY
      & WARRANTY

                	
                  6

                
	 
      	 
      	 
      	 
      
	
                  9.

                	 
      	
                  INSPECTION

                	
                  7

                
	 
      	 
      	 
      	 
      
	
                  10.

                	 
      	
                  DEFECTS,
      DAMAGE & DISCREPANCY

                	
                  7

                
	 
      	 
      	 
      	 
      
	
                  11.

                	 
      	
                  LATE
      DELIVERY

                	
                  8

                
	 
      	 
      	 
      	 
      
	
                  12.

                	 
      	
                  NOTICES

                	
                  8

                
	 
      	 
      	 
      	 
      
	
                  13.

                	 
      	
                  GOVERNING
      LAW

                	
                  9

                
	 
      	 
      	 
      	 
      
	
                  14.

                	 
      	
                  ARBITRATION

                	
                  9

                
	 
      	 
      	 
      	 
      
	
                  15.

                	 
      	
                  ENTIRE
      CONTRACT

                	
                  9

                

        

        
          
             

          

          
            4

            
              

            

          

          
             

          

        

      

    

     

    SECTION
1

     

    AGREEMENT

    

    This
Agreement (together with the documents attached hereto, hereinafter referred to
as the "Contract") is made by and between:

    

    BP Solar
International Inc. with an office at 90 New Montgomery, Suite
1500, San Francisco, CA 94105 USA (hereinafter referred to as “Party A” or “BP Solar”), and

    

    Renesola
Singapore Pte., Ltd., whose registered office is at 48 Toh Guan RD. East,#02-103
Enterprise Hub, Singapore 609964 (hereinafter referred to as “Party B” or “RENESOLA”).

    

    Party A and Party B may sometimes
individually be referred to as the “Party”, or may collectively be referred to
as the "Parties".

     

    Each Party may also be referred to
as “Buyer” or "Seller" based on different contexts:

     

    
      	
              a)

            	
              In
      the supply of silicon
      materials, Party
      A will be referred to as “Seller”; while Party B will be referred
      to as “Buyer”.

            

    

    
      
        	 	 
	
                b)

              	
                In
      the supply of solar
      wafers, Party
      B will be referred to as “Seller”; while Party A will be referred
      to as “Buyer”.

              

      

    

    

    WHEREAS, Party A desires to
supply to Party B
certain silicon
materials for
tolling into solar wafers, and

    

    WHEREAS, Party B desires to
supply to Party A
certain solar
wafers under the terms and conditions set forth herein.

    

    NOW, THEREFORE, in
consideration of the mutual promises and covenants contained herein, the Parties
hereto agree as follows:

    

    
      	
              1.

            	
              CONTRACT
      TERM:

            

    

    

    This
Contract shall come into force on the date of Jan., 1st, 2009, and shall
remain in full force and effect until Dec., 31st, 2009.

    

    
      	
              2.

            	
              NAME
      OF COMMODITY:

            

    

    

    The
description of the materials (sometimes may be referred
to as “Goods” or “Products”) supplied under this Contract shall be
defined in Attachment-A.

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    

    
      	
              3.

            	
              QUANTITY

            

    

    

    The
quantity of Goods supplied under this Contract is set in Attachment-A.

    

    
      	
              4.

            	
              PRICE:

            

    

    

    The
prices for the Goods supplied under this Contract are specified in Attachment-A.

    

    
      	
              5.

            	
              SHIPPING
      TERMS:

            

    

    

    
      	
               
      

            	
              5.1

            	
              The
      Goods supplied under this Contract shall be shipped under the shipping
      terms as stipulated in Attachment-A.

            

    

    

    
      	
               
      

            	
              5.2

            	
              The
      interpretation of the shipping terms selected shall be subject to
      Incoterms 2000.

            

    

    

    
      	
              6.

            	
              SHIPPING
      SCHEDULE:

            

    

    

    Unless
otherwise instructed by Buyer, Seller shall prepare delivery
in accordance with the Shipping Schedule as set in Attachment-A.

    

    
      	
              7.

            	
              PAYMENT
      TERMS:

            

    

    

    
      	
               
      

            	
              7.1

            	
              Payment
      shall be made via T/T within thirty (30)
      calendar days against each shipment after receiving the
      relevant commercial invoice, packing list and the shipping document (such
      as Air Waybill or B/L).
      This payment term is applicable for both
  Parties.

            

    

    

    
      	
               
      

            	
              7.2

            	
              The
      relevant invoice shall indicate the quantity delivered, unit price, total
      amount, Purchase Order (PO) number, and other information as reasonably
      required by Buyer.

            

    

    

    
      	
               
      

            	
              7.3

            	
              If
      Buyer disputes any invoice, in whole or in part, Buyer shall promptly
      notify Seller of the dispute and shall pay only the undisputed portion.
      Buyer and Seller shall endeavor to settle and adjust any disputed amount
      timely.

            

    

    

    
      	
              8.

            	
              QUALITY
      & WARRANTY:

            

    

    

    
      	
               
      

            	
              8.1

            	
              Seller warrants that the
      Goods supplied hereunder shall be of the quality set out in, conform to
      and perform in accordance with the specifications
      stipulated in Attachment-B or such
      other specifications as agreed in writing by the
  Parties.

            

    

    

    
      	
               
      

            	
              8.2

            	
              Any
      deviation from or modification to the specifications shall be subject to
      the prior written approval of both
Parties.

            

    

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              8.3

            	
              Seller warrants that the
      Goods supplied hereunder shall be free and clear of all claims and
      encumbrances and shall be produced and delivered in compliance with the
      terms and conditions of this Contract and any applicable
    laws.

            

    

    

    
      	
               
      

            	
              8.4

            	
              Seller
      shall also provide the specific warranty and
      certificates (if any), as stipulated in Attachment-B.

            

    

    

    
      	
               
      

            	
              8.5

            	
              Seller shall maintain a
      true, correct, and complete set of records pertaining to its performance
      of this Contract and all transactions related thereto to ensure reliable
      traceability for its Products supplied to Buyer. Seller further agrees to
      retain all such records for a period of at least two years after
      termination of the Contract. Buyer may audit any and
      all such records at any reasonable time
during.

            

    

    

    
      	
               
      

            	
              8.6

            	
              Seller shall develop and
      maintain appropriate quality management systems and procedures to ensure
      strict quality control and quality assurance throughout the whole
      production process. 

            

    

    

    
      	
               
      

            	
              8.7

            	
              Both Parties shall
      co-operate fully with each other in achieving the highest quality
      standard, and to ensure continuous improvement of
  quality.

            

    

    

    
      	
              9.

            	
              INSPECTION:

            

    

    

    
      	
               
      

            	
              9.1

            	
              Seller shall conduct
      pre-delivery inspection to ensure that the quality, specifications,
      quantity, packaging and requirements for safety are in compliance with the
      stipulations of the Contract and each
PO.

            

    

    

    
      	
               
      

            	
              9.2

            	
              Buyer shall have the
      right to conduct inspection of the Goods in Sellers facilities. Seller shall afford
      Buyer’s representative every facility for such purposes, including access
      to Seller’s facility at all reasonable times for
  audits.

            

    

    

    
      	
               
      

            	
              9.3

            	
              Buyer shall conduct a
      preliminary inspection within seven (7)
      working
      days after the arrival of the Goods at the
    destination.

            

    

    

    
      	
              10.

            	
              DEFECTS,
      DAMAGE & DISCREPANCY:

            

    

    

    
      	
               
      

            	
              10.1

            	
              Notice
      of Defects:

            

    

    

    
      	
               
      

            	
              a)

            	
              Goods
      will be considered “defective” if it fails to conform to the specifications as
      detailed in Attachment-B.

            

    

    

    
      	
               
      

            	
              b)

            	
              In
      cases of apparent
      defects, Buyer shall use reasonable efforts to report in writing to
      Seller within thirty
      (30) days from the
      arrival date.

            

    

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              c)

            	
              In
      cases of hidden
      (concealed) defects, Buyer shall use reasonable effort to report in
      writing to Seller within ninety
      (90) days from the arrival
date.

            

    

    

    
      	
               
      

            	
              10.2

            	
              Remedy
      of Defects:

            

    

    

    
      	
               
      

            	
              a)

            	
              In
      case any defects (either visible or concealed) to be found owing to
      Seller’s fault, the Buyer shall have the right to reject the Goods, or to
      require Seller to repair or replace the Goods at Seller's expense,
      provided that claim is filed within the valid period as specified in this
      Contract.

            

    

    

    
      	
               
      

            	
              b)

            	
              If
      Buyer opts to reject the defective Goods, Buyer shall return the Goods to
      Seller, and Seller shall immediately reimburse Buyer for the cost of
      return and the price paid by Buyer for the rejected
  Goods.

            

    

    

    
      	
               
      

            	
              10.3

            	
              Claims
      for Damage/Loss:

            

    

    

    Claims
for damage/loss during transportation shall be handled in accordance with the
applicable Shipping Terms.

    

    
      	
               
      

            	
              10.4

            	
              Surplus/Shortage:

            

    

    

    If
discrepancy in quantity (surplus/shortage) is found on receipt, Buyer shall use
reasonable effort to report in writing to Seller within fourteen
(14) working days
of arrival.

    

    
      	
              11.

            	
              LATE
      DELIVERY:

            

    

    

    
      	
               
      

            	
              11.1

            	
              Seller
      shall ensure that Goods will be delivered timely in accordance with the
      agreed shipping schedule.

            

    

    

    
      	
               
      

            	
              11.2

            	
              If
      Seller materially delays or becomes aware of the likelihood of a material
      delay in delivery, Seller shall promptly notify Buyer in writing and
      provide Buyer with full particulars of the
  circumstances.

            

    

    

    
      	
               
      

            	
              11.3

            	
              Buyer
      shall, at its sole discretion, advise Seller whether to cancel the
      relevant Purchase Order or extend the timing for
  delivery.

            

    

    

    
      	
              12.

            	
              NOTICES

            

    

    

    
      	
               
      

            	
              12.1

            	
              Any
      notice and communication to a Party required or permitted by this Contract
      shall be given in writing by mail, facsimile or
  e-mail.

            

    

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              12.2

            	
              Mail
      shall be addressed to a Party at its addresses set forth in the first page
      of this Contract or as amended as provided herein and shall be deemed to
      have been received 7 days after its
posting.

            

    

    

    
      	
               
      

            	
              12.3

            	
              Facsimiles
      or e-mail shall be deemed to have been received at the time of its
      successful transmission.

            

    

    

    
      	
               
      

            	
              12.4

            	
              Either
      Party may at any time change its address for notice or communication by
      giving a written notice to the other
Party.

            

    

    

    
      	
               
      

            	
              12.5

            	
              Notices
      associated with each Purchase Order shall be sent to the BP Associate at
      the address to be specified by that BP Associate in the Purchase Order or
      otherwise in writing.

            

    

    

    
      	
              13.

            	
              GOVERNING
      LAW

            

    

    

    Regardless
of the place of contracting, place of performance or otherwise, this Contract
and all Purchase Orders thereto shall be governed by and construed in accordance
with the laws of the State of
New York, without regard to its conflict of laws rules.

    

    
      	
              14.

            	
              ARBITRATION

            

    

    

    Any
controversy or claim arising out of or relating to this Contract and all
Purchase Orders thereto, or the invalidity or breach thereof, which cannot be
settled amicably, shall be submitted to arbitration in accordance with the United Nations Commission on
International Trade Law (UNCITRAL) Arbitration Rules.

    The
arbitration shall take place in New York.

    The
decision of the arbitrator(s) shall be final and binding upon both
Parties.

    

    
      	
              15.

            	
              ENTIRE
      CONTRACT

            

    

    

    
      	
               
      

            	
              15.1

            	
              The
      above terms and conditions, together with the General Terms and
      Conditions, and other documents attached hereto, constitute the
      entire Contract between the
Parties.

            

    

    

    
      	
               
      

            	
              15.2

            	
              All
      previous understandings between the Parties either oral or written with
      regard to the subject matter of this Contract are hereby cancelled and are
      null and void.

            

    

    

    
      	
               
      

            	
              15.3

            	
              In
      the event of a conflict among the terms and conditions herein, the
      Attachments hereto, and a Purchase Order, the documents shall take
      precedence according to the descending order shown
  below:

            

    

    
      	
               
      

            	
              ·

            	
              The
      terms and conditions herein

            

    

    
      	
               
      

            	
              ·

            	
              The
      Attachments hereto

            

    

    
      	
               
      

            	
              ·

            	
              The
      Purchase Order

            

    

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    

    IN
WITNESS WHEREOF, the Parties
have caused this Contract to be duly executed, in two counterparts, as of the
day first written above.

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      	
                                              BP Solar International Inc.

                                            	 
      	
                                              Renesola Singapore Pte.,
    Ltd.

                                            
	
                                              (Party
      A)

                                            	 
      	
                                              (Party
      B)

                                            
	 	 	 
	
                                              Signature: /s/

                                            	 
      	
                                              Signature: /s/ Xianshou Li

                                            
	 	 	 
	
                                              Name:

                                            	 
      	
                                              Name:

                                            
	 	 	 
	
                                              Title:      VP Global
      Operations

                                            	 
      	
                                              Title:   CEO

                                            
	
                                              Date: January 9, 2009

                                            	 
      	
                                              Date: January 19, 2009

                                            
	
                                              Second Level Approval

                                            	 
      	 
      
	 	 	 
	
                                              Signature:    /s/

                                            	 
      	 
      
	 	 	 
	
                                              Name:

                                            	 
      	 
      
	 	 	 
	
                                              Date:

                                            	 
      	
                                              Date:

                                            

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

    SECTION
2

     

    GENERAL
TERMS AND CONDITIONS

     

    Table
of Contents

     

    
      
        
          	
                  Article No.

                	 
      	
                  Description

                	 
      
	 
      	 
      	 
      	 
      
	
                  1.

                	 
      	
                  DEFINITIONS

                	
                  12

                
	 
      	 
      	 
      	 
      
	
                  2.

                	 
      	
                  SCOPE
      OF APPLICATION

                	
                  12

                
	 
      	 
      	 
      	 
      
	
                  3.

                	 
      	
                  SAFETY

                	
                  12

                
	 
      	 
      	 
      	 
      
	
                  4.

                	 
      	
                  ETHICAL
      BEHAVIOR

                	
                  13

                
	 
      	 
      	 
      	 
      
	
                  5.

                	 
      	
                  AMENDMENT
      & TERMINATION

                	
                  13

                
	 
      	 
      	 
      	 
      
	
                  6.

                	 
      	
                  ASSIGNMENT

                	
                  14

                
	 
      	 
      	 
      	 
      
	
                  7.

                	 
      	
                  WAIVER

                	
                  14

                
	 
      	 
      	 
      	 
      
	
                  8.

                	 
      	
                  SEVERABILITY

                	
                  14

                
	 
      	 
      	 
      	 
      
	
                  9.

                	 
      	
                  FORCE
      MAJEURE

                	
                  14

                
	 
      	 
      	 
      	 
      
	
                  10.

                	 
      	
                  INDEMNITY

                	
                  15

                
	 
      	 
      	 
      	 
      
	
                  11.

                	 
      	
                  INTELLECTUAL
      PROPERTY

                	
                  15

                
	 
      	 
      	 
      	 
      
	
                  12.

                	 
      	
                  CONFIDENTIALITY

                	
                  15

                
	 
      	 
      	 
      	 
      
	
                  13.

                	 
      	
                  TITLE
      & RISK

                	
                  16

                
	 
      	 
      	 
      	 
      
	
                  14.

                	 
      	
                  TAXES
      & DUTIES

                	
                  16

                
	 
      	 
      	 
      	 
      
	
                  15.

                	 
      	
                  USE
      OF COMPANY LOGO

                	
                  16

                
	 
      	 
      	 
      	 
      
	
                  16.

                	 
      	
                  PURCHASING
      PROCESS

                	
                  17

                
	 
      	 
      	 
      	 
      
	
                  17.

                	 
      	
                  PACKING
      & MARKING

                	
                  17

                

        

      

    

     

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

     

    SECTION
2

     

    GENERAL
TERMS AND CONDITIONS

    

    
      	
              1.

            	
              DEFINITIONS:

            

    

    

    
      	
               
      

            	
              1.1

            	
              “Purchase Order” means
      the purchase order (PO) either paper or electronic, with related
      attachments, issued by Buyer pursuant to this
  Contract.

            

    

    

    
      	
               
      

            	
              1.2

            	
              “BP Associates” means the
      companies listed in Attachment-C.

            

    

    

    
      	
               
      

            	
              1.3

            	
              “ReneSola Associates”
      means the companies listed in
Attachment-D.

            

    

    

    
      	
              2.

            	
              SCOPE
      OF APPLICATION:

            

    

    

    
      	
               
      

            	
              2.1

            	
              This
      Contract shall apply to the PO issued by a Party (or any of its Associates) for purchase of
      the Goods from Seller.

            

    

    

    
      	
               
      

            	
              2.2

            	
              Where
      such PO is issued by a Party (or by its Associates), the terms and
      conditions of this Contract shall be automatically applicable to the
      PO.

            

    

    

    
      	
               
      

            	
              2.3

            	
              When
      an Associate issues a PO, the reference in this Contract to “Buyer” shall
      mean the Associate for purposes of such PO. The Associate shall have the
      same rights and obligations of the Buyer with respect to any purchases
      that the Associate makes by issuing a
PO.

            

    

    

    
      	
               
      

            	
              2.4

            	
              The
      Associate shall not have the ability to terminate this Contract; however,
      it may terminate any of its PO, provided that the Buyer shall make up any
      cancelled orders within the next monthly
period.

            

    

    

    
      	
              3.

            	
              SAFETY

            

    

    

    
      3.1
For
the purposes of this Clause, “safety” shall mean all matters relating to health,
safety, security and environment; and all obligations of each Party shall include its
sub-contractors, suppliers and its and their employees, servants and
agents.

    

    

    
      3.2
Seller shall provide to Buyer
in writing such information as is necessary relating to the storage, use,
maintenance, and disposal of the Goods, and relating to any risk to health and
safety to which the inherent properties thereof may give rise and to any
conditions necessary to ensure that the Goods will be safe and without risk to
health and safety when they are being installed, used, cleaned, maintained,
handled, processed, stored, transported, dismantled or disposed
of.

    

    
      
         

      

      
        12

        
          

        

      

      
         

      

    

    

    
      3.3
Each Party shall comply with
all applicable laws, regulations, policies, standards, directives and codes
pertaining to Health, Safety, and Environment (HSE).

    

    

    
      3.4
Both Parties shall co-operate
fully with each other in achieving the highest possible standard of
HSE.

    

     

    
      	
              4.

            	
              ETHICAL
      BEHAVIOR

            

    

    

    
      	
               
      

            	
              4.1

            	
              The
      Seller is aware that the Buyer’s Business Policy prohibits the giving of
      any bribe or facilitation payment, and the Seller undertakes to comply
      with the Policy.

            

    

    

    
      	
               
      

            	
              4.2

            	
              The
      Seller shall not make or cause to be made any payment, gift of money or
      anything of value, directly or indirectly to any person to influence a
      decision in a manner that is inconsistent with the Policy of conducting
      business fairly and ethically.

            

    

    

    
      	
               
      

            	
              4.3

            	
              The
      Seller undertakes to notify Buyer immediately if it has knowledge of, or
      suspects, a breach of this Article.

            

    

    

    
      	
               
      

            	
              4.4

            	
              Party B undertakes and
      agrees to act consistently with the BP
      Code of Conduct (which may be obtained from the BP Solar’s
      Representative) in connection with performance of this
      Contract.

            

    

    

    
      	
              5.

            	
              AMENDMENT
      AND TERMINATION

            

    

    

    
      	
               
      

            	
              5.1

            	
              This
      Contract may be supplemented, amended, or modified only by the mutual
      agreement of the Parties.

            

    

    

    
      	
               
      

            	
              5.2

            	
              Either
      Party shall have the right to suspend or terminate this Contract by notice
      without any compensation to the other Party if the other Party breaches
      any material and substantive obligation under this Contract and such
      breach shall not have been remedied within 15
      days after the non-breaching Party has given notice of the breach
      to the breaching Party.

            

    

    

    
      	
               
      

            	
              5.3

            	
              In
      the event of the insolvency, dissolution , bankruptcy or cease of business
      for whatsoever reason of a Party, the other Party may without liability to
      the first Party arising there from immediately terminate this Contract and
      all then outstanding Purchase Orders by
notice.

            

    

    
      
         

      

      
        13

        
          

        

      

      
         

      

    

    
      	
              6.

            	
              ASSIGNMENT

            

    

    

    
      	
               
      

            	
              6.1

            	
              Seller
      may not sub-contract any part of this Contract or a Purchase Order without
      the prior written consent of Buyer.

            

    

    

    
      	
               
      

            	
              6.2

            	
              Seller
      shall remain responsible for the performance of this Contract or a
      Purchase Order by its sub-contractors notwithstanding the consent of Buyer
      to the subcontracting.

            

    

    

    
      	
               
      

            	
              6.3

            	
              Neither
      Party shall assign this Contract or a Purchase Order in whole or in part
      without the prior written consent of the other Party, except that each
      Party may assign such to it
Associate.

            

    

    

    
      	
              7.

            	
              WAIVER

            

    

    

    The
failure of either Party to require the performance of any terms of this Contract
or the waiver by either Party of any breach of any terms of this Contract shall
not prevent a subsequent enforcement of such terms, nor be deemed a waiver of
any subsequent breach.

    

    Any
waiver shall be in writing signed by the Party providing the
waiver.

    

    
      	
              8.

            	
              SEVERABILITY

            

    

    

    In case
any one or more of the provisions contained in the Contract shall for any reason
be held to be invalid, illegal or unenforceable in any respect, such invalidity,
illegality or unenforceability shall not affect any other provisions hereof and
this Contract shall be construed as if such invalid, illegal or unenforceable
provisions had not been contained herein.

    

    
      	
              9.

            	
              FORCE
      MAJEURE

            

    

    

    
      	
               
      

            	
              9.1

            	
              “Force
      Majeure” means any circumstances not foreseeable to and beyond the
      reasonable control of a Party, including but not limited to imposition of
      any new law, regulation or government policy, nationalization,
      expropriation, confiscation, riot, war, public disturbance, strikes,
      lockouts or any natural disaster such as fire, flood, earthquake and
      storm.

            

    

    

    
      	
               
      

            	
              9.2

            	
              Neither
      Party shall be liable for non-performance of its obligations under the
      Contract to the extent such non-performance is prevented by Force
      Majeure.

            

    

    

    
      	
               
      

            	
              9.3

            	
              The
      affected Party shall notify the other Party as soon as reasonably
      practicable after the occurrence of the Force Majeure event and shall use
      all reasonable efforts to mitigate the effects of the Force Majeure on it.
      The affected Party shall give prompt notice to the other Party when it is
      able to resume performance of its
obligations.

            

    

    
      
         

      

      
        14

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              9.4

            	
              If
      a Party is unable to perform an obligation under this Contract due to an
      event of Force Majeure for a period of six months or more, either Party
      may immediately terminate this Contract by notice to the other Party prior
      to the resumption of the performance of the obligation without any claims
      against the other Party arising from such
  termination.

            

    

    

    
      	
              10.

            	
              INDEMNITY

            

    

    

    
      	
               
      

            	
              10.1

            	
              Seller
      shall indemnify and hold Buyer harmless from and against all claims,
      liabilities, damages, losses, costs and expenses (including legal fees)
      pertaining to infringement or alleged infringement of any patent,
      registered design, trade mark, service-mark, copyright or other
      intellectual property rights which arise from the Goods supplied hereunder
      or any use or resale by Buyer of such
Goods.

            

    

    

    
      	
               
      

            	
              10.2

            	
              Each
      party (“the indemnitor”) shall indemnify and hold the other Party (“the
      indemnitee”) harmless from and against all liabilities for death, illness
      or injury to any personnel or for loss or damage to any property and
      against all claims and proceedings resulting there from to the extent that
      such loss, damage, death, illness or injury is attributable to the willful
      misconduct, negligence or breach of contract of the first mentioned Party,
      its employees or agents.

            

    

    

    
      	
              11.

            	
              INTELLECTUAL
      PROPERTY

            

    

    

    
      	
               
      

            	
              11.1

            	
              The
      intellectual property of the design, drawings, and other technical data
      provided by Buyer shall belong to
Buyer.

            

    

    

    
      	
               
      

            	
              11.2

            	
              If
      Seller and Buyer do any joint development work with respect to the Goods,
      Seller and Buyer shall jointly own any inventions, improvements or
      discoveries which they jointly
developed.

            

    

    

    
      	
               
      

            	
              11.3

            	
              Other
      than to the extent necessary for Buyer and its resellers, and its and
      their customers to use, sell and otherwise dispose of the Goods itself,
      Buyer hereby acknowledges that nothing herein contained shall be construed
      as granting or transferring any Seller’s Intellectual Property
      Rights.

            

    

    

    
      	
               
      

            	
              11.4

            	
              Except
      as otherwise expressly set forth herein, nothing contained herein shall be
      construed as granting or transferring any of Buyer’s Intellectual Property
      Rights to Seller, and no transfer or grant of such Intellectual Property
      Rights is to be implied.

            

    

    

    
      	
              12.

            	
              CONFIDENTIALITY

            

    

    

    
      	
               
      

            	
              12.1

            	
              All
      information obtained by a Party (the “Receiving Party”) from the other
      Party (the “Disclosing Party”) in connection with this Contract or the
      supply of Goods under this Contract shall be deemed to be confidential
      information and shall not be used by the Receiving Party except in the
      performance of this Contract and shall not be disclosed by it, its
      employees or agents to any third party without the prior written consent
      of the Disclosing Party.

            

    

    
      
         

      

      
        15

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              12.2

            	
              The
      obligations under this Clause shall continue
      five (5)
      years after the expiration or termination of this
      Contract.

            

    

    

    
      	
               
      

            	
              12.3

            	
              The
      provisions of this Clause shall not prevent
      any Party from disclosing the existence of the Contract or any relevant
      matter relating thereto or arising in consequence hereof to any
      Governmental or regulatory body in compliance with any legal obligation to
      which that Party may from time to time be
  subject.

            

    

    

    
      	
               
      

            	
              12.4

            	
              Upon
      the request of the Disclosing Party, all confidential information in the
      possession of the Receiving Party, including all copies and software
      containing it, shall be returned to the Disclosing Party or, as instructed
      by the Disclosing Party, be
destroyed.

            

    

    

    
      	
               
      

            	
              12.5

            	
              Notwithstanding
      the provisions in this Clause, each Party may at any time disclose the
      confidential information to it
Associates.

            

    

    

    
      	
               
      

            	
              12.6

            	
              Neither
      Party shall, without the prior written consent of the other Party, make
      any public or general announcement regarding the Contract or any Purchase
      Order whether orally or in writing.

            

    

    

    
      	
              13.

            	
              TITLE
      AND RISK

            

    

    

    Unless
otherwise mutually agreed in writing, title to the Goods and
risk of loss shall
be governed by and interpreted in accordance with the applicable trade term
(shipping term) as defined in INCOTERMS 2000.

     

    
      	
              14.

            	
              TAXES
      AND DUTIES

            

    

    

    Unless
otherwise stated in the Contract, the obligations and responsibilities for paying customs duties, tariffs,
import taxes, export taxes shall be governed by and interpreted in accordance
with the applicable trade term (shipping term) as defined in INCOTERMS
2000.

    

    
      	
              15.

            	
              USE
      OF TRADEMARK

            

    

    

    Each
Party shall not use the other party’s Logo or Trademark for any purpose without
prior specific permission from the owner of the Logo (or
Trademark).

    
      
         

      

      
        16

        
          

        

      

      
         

      

    

    
      	
              16.

            	
              PURCHASING
      PROCESS

            

    

    

    
      	
               
      

            	
              16.1

            	
              Buyer
      may provide regular Purchase Plan to Seller
      based on the actual demand and in accordance with the Shipping Schedule of
      this Contract. The Purchase Plan needs to be confirmed by
      Seller.

            

    

    

    
      	
               
      

            	
              16.2

            	
              Seller
      shall prepare delivery based on the confirmed Purchase
    Plan.

            

    

    

    
      	
               
      

            	
              16.3

            	
              Seller
      shall issue Notice of Delivery (in the format of Proforma Invoice) to
      Buyer before the scheduled shipping
date.

            

    

    

    
      	
               
      

            	
              16.4

            	
              After
      receipt of Seller’s Proforma Invoice, Buyer shall issue Purchase Orders
      (PO) to Seller.

            

    

    

    
      	
               
      

            	
              16.5

            	
              Such
      PO shall indicate the actual Quantity to be delivered, the Port Name of
      Shipping Destination, and the actual required Shipping
    Time.

            

    

    

    
      	
              17.

            	
              PACKING
      AND MARKING:

            

    

    

    
      	
               
      

            	
              17.1

            	
              Goods
      have to be packed in such a manner to prevent damage to the product during
      transportation.

            

    

    

    
      	
               
      

            	
              17.2

            	
              It
      is the Seller’s responsibility to ensure the adequacy of the packing
      used.

            

    

    

    
      	
               
      

            	
              17.3

            	
              All
      individual boxes should be clearly labeled in English
  with:

            

    

    
      	
               
      

            	
              a)

            	
              Description
      of the product;

            

    

    
      	
               
      

            	
              b)

            	
              PO
      number;

            

    

    
      	
               
      

            	
              c)

            	
              Supplier
      name;

            

    

    
      	
               
      

            	
              d)

            	
              Quantity
      in each box; and

            

    

    
      	
               
      

            	
              e)

            	
              Other
      data that may be required by Buyer.

            

    

     

    
      
         

      

      
        17

        
          

        

      

      
         

      

    

    ATTACHMENT-A

    

    COMMODITY,
QUANTITY, PRICE & SCHEDULE

    

    
      	
              1.

            	
              Materials Provided by
      BP Solar:

            

    

    

    During
the term of this agreement, BP Solar plans to supply the following materials to
RENESOLA in accordance to the following estimated schedule and at the price not
to exceed the following schedule.  RENESOLA agrees to make capacity
available to support the BP Solar forecast.

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          	
                                  Commodity

                                	 	
                                  Unit Price

                                  (not to
      exceed)

                                	 	
                                  Estimated

                                  Annual Forecast

                                	 	
                                  Estimated

                                  Shipping Schedule

                                
	
                                  Polysilicon

                                   

                                	 	
                                  US$[****]*/kg

                                	 	
                                  728
      tons / year

                                  (for
      2009)

                                   

                                	 	
                                  ·  
      Q1: 206
      MT

                                   

                                  ·  
      Q2: 183
      MT

                                   

                                  ·  
      Q3: 226
      MT

                                   

                                  ·  
      Q4: 113
      MT

                                

                        

                      

                    

                  

                

              

            

          

        

      

    

    

    BP Solar
shall have the right to reduce the above quantity at any time if RENESOLA fails
to fulfill its obligations under the Contract.

    

    BP Solar
shall have the right to increase, decrease, suspend or cancel the material
supply as forecasted above without penalty with 30 days prior written
notice.

    

    
      	
              2.

            	
              Wafers Supplied by
      RENESOLA:

            

    

    

    For the
polysilicon provided by BP Solar during the term of this agreement, Renesola
shall supply wafers to BP Solar at pricing not to exceed the following
schedule:

    

    a).
Primary Schedule:

    
      
        
          
            
              
                
                  
                    
                      
                        	
                                Wafer
      Types

                              	 	
                                Multiplier
      Ratio

                              	 	
                                Unit
      Price (US$/pc)

                                (not
      to exceed)

                              	 
	
                                Mono125mmx125mm
      (180um)

                              	 	
                                1
      kg: 70 pcs

                              	 	 	
                                [****]*

                              	 
	
                                Multi156mmx156mm
      (180um)

                              	 	
                                1
      kg: 53 pcs

                              	 	 	
                                [****]*

                              	 

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
        
          

        
* This portion
has been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 406.

    

    
      
         

      

      
        18

        
          

        

      

      
         

      

    

    

    b).Optional
Schedule:

    
      
        
          
            
              
                
                  	
                          Wafer
      Types

                        	 	
                          Multiplier
      Ratio

                        	 	
                          Unit
      Price (US$/pc)

                          (not
      to exceed)

                        	 
	
                          Mono125mmx125mm
      (180um)

                        	 	
                          1
      kg:52 pcs

                        	 	 	
                          [****]*

                        	 
	
                          Mono125mmx125mm
      (200um)

                        	 	
                          1
      kg:52 pcs

                        	 	 	
                          [****]*

                        	 
	
                          Mono125mmx125mm
      (200um)

                        	 	
                          1
      kg:85 pcs

                        	 	 	
                          [****]*

                        	 
	
                          Multi156mmx156mm
      (180um)

                        	 	
                          1
      kg:33 pcs

                        	 	 	
                          [****]*

                        	 
	
                          Multi156mmx156mm
      (200um)

                        	 	
                          1
      kg:33 pcs

                        	 	 	
                          [****]*

                        	 
	
                          Multi156mmx156mm
      (200um)

                        	 	
                          1
      kg:70 pcs

                        	 	 	
                          [****]*

                        	 

                

              

            

          

        

      

    

    

    BP Solar
shall have the right to select the Wafer Types and Multiplier Ratios in its Quarterly Purchase
Forecast.  BP Solar reserves the right to change the Quarterly
Purchase Forecast without penalty with 30 days prior written
notice.

    

    The
actual quantity of each Wafer Type will be specified in each PO issued by BP
Solar.

    

    RENESOLA
shall use reasonable endeavors to ensure the most competitive wafer
prices.

    

    Both
parties agree to the prices described in primary schedule above for Q1
2009.

    

    The
Parties shall review and adjust pricing each quarter to ensure that the pricing
applied remains the most competitive in the following quarter. The price
adjustment shall be completed a week prior to the beginning of a new
quarter.

    

    
      	
              3.

            	
              Solar Wafers Lead
      Time:

            

    

    

    Unless
otherwise instructed, for the silicon materials provided by BP Solar according
to the schedule described in article 1 of this attachment-A, RENESOLA shall
supply the solar wafers to BP Solar in accordance with the following
schedule:

    
      	
               
      

            	
              a)

            	
              The 1st delivery shall be made
      within 2
      weeks from the date
      after receipt of silicon materials provided by BP
      Solar. 

            

    

    All
wafers deliveries shall be completed within 5 weeks from the date
after receipt of silicon materials provided by BP Solar.

      

    
      	
              4.

            	
              Shipping
      Term:

            

    

    

    Both
polysilicon and wafers will be shipped under EXW.

     

    
      
        
          

        
* This portion
has been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 406.

      

        
          
             

          

          
            19

            
              

            

          

          
             

          

        

    

    ATTACHMENT-B

    

    SPECIFICATION

    

    
      	
               
      

            	
              1.

            	
              Silicon
      Material Specifications:

            

    

    

    

    
      
         

      

      
        20

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              2.

            	
              Wafer
      Specifications:

            

    

    

    
      	
               
      

            	
              a)

            	
              Mono125
      Wafers Specifications:

            

    

    

    
      
        	
                Product

              	
                Monocrystalline
      Silicon Wafer

              
	
                Conductivity
      Type

              	
                P-type

              
	
                Dopant
      Species

              	
                Boron

              
	
                Base
      Area

              	
                125.0mm
      X 125.0mm ±0.5mm

              
	
                Diameter

              	
                150.0mm
      ±0.5 mm

              
	
                Thickness

              	
                180μm±20μm;
      200μm±20μm;

              
	
                TTV

              	
                ≤40μm
      

              
	
                Crystallinity

              	
                Crucible-Pulled(CZ)
      single with no dislocation

              
	
                Resistivity

              	
                0.5-3Ω·cm

              
	
                Orientation

              	
                (100)±1
      degree

              
	
                Carbon
      concentration

              	
                ≤
      5x1017at/cm3

              
	
                Oxygen
      concentration

              	
                ≤
      1x1018at/cm3

              
	
                Life
      time

              	
                >8μs

              
	
                Edge
      defect/ Chips

              	
                Not
      allowed

              
	
                Saw
      marks

              	
                Depth<15
      μm (No visible saw mark with naked eyes)

              
	
                Crack
      and Pin holes

              	
                No
      cracks and Pin holes should be visible with naked eyes.

              
	
                Wafer
      surface

              	
                As
      cut and cleaned. No stains visible with the naked eye

              
	
                Taper

              	
                ≤30
      μm

              
	
                Bow

              	
                ≤50μm

              

      

    

    

    BP Solar
and RENESOLA agree to review and amend the above wafer specifications prior to
the end of the first Quarter of 2009.

    
      
         

      

      
        21

        
          

        

      

      
         

      

    

    
      	
            	
              b)

            	
              Multi
      156 Wafers Specifications:

            

    

    

    
      
        	
                Product

              	
                Multicrystalline
      Silicon Wafer

              
	
                Conductivity
      Type

              	
                P-type

              
	
                Base
      Area

              	
                156.0mm
      X 156.0mm ±0.5mm

              
	
                Diameter

              	
                219.2mm
      ±0.5 mm

              
	
                Thickness

              	
                180μm±20μm;
      200μm±20μm;

              
	
                TTV

              	
                ≤30μm
      

              
	
                Resistivity

              	
                0.8-3Ω·cm

              
	
                Dopant
      Species

              	
                Boron

              
	
                Carbon
      concentration

              	
                ≤
      9*1017at/cm3

              
	
                Oxygen
      concentration

              	
                ≤
      8*1017at/cm3

              
	
                Life
      time

              	
                ≥2μs

              
	
                Wafer
      surface

              	
                As-cut
      and cleaned. No grease stains and pin holes

              
	
                Warping

              	
                ≤75μm(Thickness:
      180μm±20μm)

              
	
                ≤50μm(Thickness:
      200μm±20μm)

              
	
                Corner
      Angle

              	
                90
      ±0.5 degree

              
	
                Edge
      Chips

              	
                Length≤1.0mm,Depth<0.5mm

              
	
                Edge
      Cracks

              	
                Not
      allowed

              
	
                Saw
      marks

              	
                Depth≤20
      μm 

              
	
                Pin
      holes

              	
                No
      visible Pin holes with naked
eyes.

              

      

    

    

    BP Solar
and RENESOLA agree to review and amend the above wafer specifications prior to
the end of the First Quarter of 2009.

    
      
         

      

      
        22

        
          

        

      

      
         

      

    

    

    ATTACHMENT-C

    

    BP
Associates

    

    
      
        
          
            
              
                
                  	
                          Country

                        	 	
                          Name

                        	 	
                          Address

                        
	
                          Australia:

                        	 	
                          BP
      Solar Pty Limited

                           

                        	 	
                          2
      Australia Avenue

                          Sydney
      Olympic Park NSW 2127

                          Australia

                        
	
                          USA:

                        	 	
                          BP
      Solar International, Inc.

                        	 	
                          630
      Solarex Court

                          Frederick,
      MD 21703

                          USA

                        
	
                          India

                        	 	
                          Tata
      BP Solar India Limited

                        	 	
                          78
      Electronic City, Hosur Road,

                          Bangalore
      – 560 100

                          India

                           

                        
	
                          Spain

                        	 	
                          BP
      Solar España, S.A.U.

                        	 	
                          Polígono
      Industrial  Tres Cantos, Zona Oeste s/n

                          28760
      Tres Cantos (Madrid)

                          Spain

                        
	
                          China

                        	 	
                          BP
      Sun Oasis (Prime) Co.,Ltd.

                        	 	
                          Plant
      5, The Export & Processing Zone,

                          Fengcheng
      12Rd.,

                          Xi’an
      710016 China

                        
	
                          Hong
      Kong

                        	 	
                          Solarex
      Electric Ltd.

                           

                        	 	
                          Flat
      1138,  Block D

                          Wah
      Lok Ind. Centre,

                          31
      Shan Mei Street, Fotan, Shatin

                          Hong
      Kong

                        

                

              

            

          

        

      

    

    

    BP may
add additional parties as BP Associates at its sole discretion through advance
written notice to Party B.

    
      
         

      

      
        23

        
          

        

      

      
         

      

    

    

    ATTACHMENT-D

    

    ReneSola
Associates

    

    
      
        
          
            
              
                	
                        Country

                      	 	
                        Name

                      	 	
                        Address

                      
	
                        China

                      	 	
                        Zhejiang
      Yuhui Solar Energy Source Co., Ltd

                      	 	
                        No.8
      Baoqun Road, Yaozhuang Industrial Park, Jiashan County, Zhejiang Province,
      314117,
PRC

                      

              

            

          

        

      

    

    

    ReneSola
may add additional parties as ReneSola's Associates at its sole discretion
through advance written notice to Party A.

    
      
         

      

      
        24

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00159-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00159-of-00352.parquet"}]]