ReneSola just announced that it has share purchase agreement to acquire Dynamic Green Energy. Dynamic Green owns Jiawei Solarchina Co and other subsidiaries, owns production facilities for solar ingots and PV modules and also assists other solar manufacturers with original equipment manufacturing.  Under the agreement, ReneSola will gain ownership of all of Dynamic Energy’s shares in exchange for the following: 26,787,210 shiny new ordinary shares of ReneSola and a $10 million convertible promissory note.

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