Emeren Group Ltd — Major Shareholding Notification 2013

Jan 28, 2013

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G (Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b) Under the Securities Exchange Act of 1934 (Amendment No. 4)*

ReneSola Ltd
(Name of Issuer)
Shares
(Title of Class of Securities)
G7500C 106
(CUSIP Number)
December 31, 2012
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

• The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

(Continued on following pages)

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CUSIP NO.: G7500C 106

(1)	NAME OF REPORTING PERSONS
	Xianshou Li
(2)	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
	(a)	x
	(b)	¨
(3)	SEC USE ONLY
(4)	CITIZENSHIP OR PLACE OF ORGANIZATION
	People’s Republic of China

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER
	29,109,309 shares
(6)	SHARED VOTING POWER
	14,288,710 shares (consisting of 100,000 shares issuable upon the exercise of options held by Ms. Xiahe Lian, the wife of Mr. Li, which are exercisable within 60 days from December 31, 2012 and with respect to which Mr. Li also shares dispositive power with Ms. Lian, 1,135,096 shares beneficially owned by Mr. Xiangjun Dong and 13,053,614 shares beneficially owned by Mr. Zhengmin Lian)
(7)	SOLE DISPOSITIVE POWER
	29,109,309 shares
(8)	SHARED DISPOSITIVE POWER
	100,000 shares (consisting of shares issuable upon the exercise of options held by Ms. Xiahe Lian which are exercisable within 60 days from December 31, 2012 and with respect to which Mr. Li also shares voting power with Ms. Lian)

(9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	43,398,019 shares
(10)	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
	¨
(11)	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	25.0%
(12)	TYPE OF REPORTING PERSON*
	IN

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CUSIP NO.: G7500C 106

(1)	NAME OF REPORTING PERSONS
	Champion Era Enterprises Limited
(2)	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
	(a)	x
	(b)	¨
(3)	SEC USE ONLY
(4)	CITIZENSHIP OR PLACE OF ORGANIZATION
	British Virgin Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER
	23,266,229 shares
(6)	SHARED VOTING POWER
	0
(7)	SOLE DISPOSITIVE POWER
	23,266,229 shares
(8)	SHARED DISPOSITIVE POWER
	0

(9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	23,266,229 shares
(10)	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
	¨
(11)	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	13.5%
(12)	TYPE OF REPORTING PERSON*
	CO

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CUSIP NO.: G7500C 106

(1)	NAME OF REPORTING PERSONS
	Cleveland Ventures Ltd
(2)	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
	(a)	x
	(b)	¨
(3)	SEC USE ONLY
(4)	CITIZENSHIP OR PLACE OF ORGANIZATION
	Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER
	5,343,080 shares
(6)	SHARED VOTING POWER
	0
(7)	SOLE DISPOSITIVE POWER
	5,343,080 shares
(8)	SHARED DISPOSITIVE POWER
	0

(9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	5,343,080 shares
(10)	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
	¨
(11)	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	3.1%
(12)	TYPE OF REPORTING PERSON*
	CO

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CUSIP NO.: G7500C 106

(1)	NAME OF REPORTING PERSONS
	Zhengmin Lian
(2)	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
	(a)	x
	(b)	¨
(3)	SEC USE ONLY
(4)	CITIZENSHIP OR PLACE OF ORGANIZATION
	People’s Republic of China

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER
	0
(6)	SHARED VOTING POWER
	13,053,614 shares
(7)	SOLE DISPOSITIVE POWER
	13,053,614 shares
(8)	SHARED DISPOSITIVE POWER
	0

(9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	13,053,614 shares
(10)	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
	¨
(11)	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	7.6%
(12)	TYPE OF REPORTING PERSON*
	IN

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CUSIP NO.: G7500C 106

(1)	NAME OF REPORTING PERSONS
	Assets Train Limited
(2)	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
	(a)	x
	(b)	¨
(3)	SEC USE ONLY
(4)	CITIZENSHIP OR PLACE OF ORGANIZATION
	British Virgin Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER
	0
(6)	SHARED VOTING POWER
	13,053,614 shares
(7)	SOLE DISPOSITIVE POWER
	13,053,614 shares
(8)	SHARED DISPOSITIVE POWER
	0

(9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	13,053,614 shares
(10)	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
	¨
(11)	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	7.6%
(12)	TYPE OF REPORTING PERSON*
	CO

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Item 1(a). Name of Issuer:

ReneSola Ltd

Item 1(b). Address of Issuer's Principal Executive Offices:

No. 8 Baoqun Road Yaozhuang County, Jiashan Town Zhejiang Province 314117 People’s Republic of China

Item 2(a). Name of Person Filing:

Xianshou Li

Champion Era Enterprises Limited (“Champion”)

Cleveland Ventures Ltd (“Cleveland”)

Zhengmin Lian

Assets Train Limited (“Assets”)

Item 2(b). Address of Principal Business Office or, if None, Residence:

The address of Xianshou Li and Zhengmin Lian is No. 8 Baoqun Road, Yaozhuang Industrial Park, Jiashan County, Zhejiang Province, PRC. The address of the principal business office of the Champion and Assets is P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands. The address of the principal business office of Cleveland is Merrill Lynch Bank & Trust Co (Cayman) Ltd., 4th Floor, Harbour Center, North Church, St. George Town, Grand Cayman, Cayman Islands.

Item 2(c). Citizenship:

Xianshou Li and Zhengmin Lian are citizens of the People’s Republic of China. The place of organization of the Champion and Assets is the British Virgin Islands. The place of organization of Cleveland is the Cayman Islands.

Item 2(d). Title of Class of Securities:

Shares of no par value

Item 2(e). CUSIP Number:

G7500C 106

Item 3. Statement Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c):

Not Applicable

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Item 4. Ownership:

| Reporting Person | Amount Beneficially Owned | Percent of Class* | Number of shares as to which such person has: — Sole
Power to Vote or Direct the Vote | Shared
Power to Vote or to Direct the Vote | | Sole
Power to Dispose or to Direct the Disposition of | | Shared
Power to Dispose or to Direct the Disposition of | | |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Xianshou
Li (1)(2) | 43,398,019
shares | 25.0 % | 29,109,309
shares | (1)(2)(3) | 14,288,710
shares | (4)(5)(6) | 29,109,309
shares | (1)(2)(3) | 100,000
shares | (6) |
| Champion
Era Enterprises Limited (1) | 23,266,229
shares | 13.5 % | 23,266,229
shares | | 0 | | 23,266,229
shares | | 0 | |
| Cleveland
Ventures Ltd (2) | 5,343,080
shares | 3.1 % | 5,343,080
shares | | 0 | | 5,343,080
shares | | 0 | |
| Zhengmin Lian (7) | 13,053,614
shares | 7.6 % | 0 | | 13,053,614
shares | | 13,053,614
shares | | 0 | |
| Assets
Train Limited (7) | 13,053,614
shares | 7.6 % | 0 | | 13,053,614
shares | | 13,053,614
shares | | 0 | |

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• Based on a total of 172,773,664 outstanding shares of ReneSola Ltd as of December 31, 2012.

(1) As of December 31, 2012, Champion was the record owner of 23,266,229 shares of Renesola Ltd. Champion is indirectly wholly owned by the LXS Family Trust of which Mr. Li is the settlor. The trustee of the LXS Family Trust is HSBC International Trustee Limited (“HSBC”). Pursuant to the trust deed dated November 25, 2010 between Mr. Li and HSBC, Mr. Li holds all voting and investment powers of Champion and its assets. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), Mr. Li may be deemed to beneficially own all of the shares held by Champion. HSBC should not be deemed a beneficial owner of the shares in Renesola Ltd held by Champion under Section 13(d) of the Exchange Act.

(2) As of December 31, 2012, Cleveland was the record owner of 5,343,080 shares of Renesola Ltd. Cleveland is indirectly wholly owned by the Xian Shou Trust of which Mr. Li is the settlor. The trustee of the Xian Shou Trust is Merrill Lynch Bank & Trust Co (Cayman) Ltd. (“Merrill”). Pursuant to the trust deed dated January 8, 2008 between Mr. Li and Merrill, Mr. Li holds all voting and investment powers of Cleveland and its assets. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), Mr. Li may be deemed to beneficially own all of the shares held by Cleveland. Merrill should not be deemed a beneficial owner of the shares in Renesola Ltd held by Cleveland under Section 13(d) of the Exchange Act.

(3) Includes 500,000 shares issuable upon the exercise of options held by Mr. Li, which are exercisable within 60 days from December 31, 2012.

(4) Includes 13,053,614 shares beneficially owned by Mr. Zhengmin Lian. Mr. Li holds shared voting rights with Mr. Lian with respect to those shares pursuant to an irrevocable voting agreement entered into between Mr. Li and Assets. Under the voting agreement, Assets irrevocably appointed Mr. Li as its attorney and proxy with full power of substitution with respect to 13,053,614 shares held by Assets, to vote and act at all shareholder meetings and give written consent on behalf of Assets on matters of Renesola Ltd requiring shareholder approval.

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(5) Includes 1,135,096 shares beneficially owned by Mr. Xiangjun Dong. Mr. Li holds shared voting rights with Mr. Dong with respect to those shares pursuant to an irrevocable voting agreement entered into between Mr. Li and Dynasty Time Limited (“Dynasty”). Under the voting agreement, Dynasty irrevocably appointed Mr. Li as its attorney and proxy with full power of substitution with respect to 1,135,096 shares held by Dynasty, to vote and act at all shareholder meetings and give written consent on behalf of Dynasty on matters of Renesola Ltd requiring shareholder approval. Dynasty is indirectly wholly owned by the DXJ Family Trust of which Mr. Dong is the settlor. The trustee of the DXJ Family Trust is HSBC. Pursuant to the trust deed dated November 25, 2010 between Mr. Dong and HSBC, Mr. Dong holds all voting and investment powers of Dynasty and its assets.

(6) Includes 100,000 shares issuable upon the exercise of options held by Ms. Xiahe Lian, the wife of Mr. Li, which are exercisable within 60 days from December 31, 2012 and with respect to which Mr. Li also shares voting power and dispositive power with Ms. Lian.

(7) As of December 31, 2012, Assets was the record owner of 13,053,614 shares of Renesola Ltd. Assets is indirectly wholly owned by the LZM Family Trust of which Mr. Lian is the settlor. The trustee of the LZM Family Trust is HSBC. Pursuant to the trust deed dated November 25, 2010 between Mr. Lian and HSBC, Mr. Lian holds all voting and investment powers of Assets and its assets. Pursuant to Section 13(d) of the Exchange Act, Mr. Lian may be deemed to beneficially own all of the shares held by Assets. HSBC should not be deemed a beneficial owner of the shares in Renesola Ltd held by Assets under Section 13(d) of the Exchange Act.

Item 5. Ownership of Five Percent or Less of a Class:

Not applicable

Item 6. Ownership of More than Five Percent on Behalf of Another Person:

Not applicable

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:

Not applicable

Item 8. Identification and Classification of Members of the Group:

Xianshou Li

Champion Era Enterprises Limited

Cleveland Ventures Ltd

Zhengmin Lian

Assets Train Limited

Item 9. Notice of Dissolution of Group:

Not applicable

Item 10. Certifications:

Not applicable

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: January 28, 2013

Xianshou Li
Xianshou Li

Champion Era Enterprises Limited	/s/ Xianshou Li
Name:	Xianshou Li
Title:	Director

[Signature Page to Schedule 13G]

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Cleveland Ventures Ltd	/s/ Kate Toh
	Steward Chui
Name:	Kate Toh
	Steward Chui
Title:	Authorised Signatories for and on behalf of
	Fiduciary Services Limited as sole director of
	Cleveland Ventures Ltd

[Signature Page to Schedule 13G]

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Zhengmin Lian
Zhengmin Lian

Assets Train Limited	/s/ Zhengmin Lian
Name:	Zhengmin Lian
Title:	Director

[Signature Page to Schedule 13G]

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LIST OF EXHIBITS

Exhibit No.	Description
A	Joint Filing Agreement

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Exhibit A

Joint Filing Agreement

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to shares of no par value of ReneSola Ltd, a British Virgin Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

[Remainder of this page has been left intentionally blank.]

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SIGNATURE

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of January 28, 2013.

Xianshou Li
Xianshou Li

Champion Era Enterprises Limited	/s/ Xianshou Li
Name:	Xianshou Li
Title:	Director

[Signature Page to Joint Filing Agreement, Schedule 13G]

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Cleveland Ventures Ltd	/s/ Kate Toh
	Steward Chui
Name:	Kate Toh
	Steward Chui
Title:	Authorised Signatories for and on behalf of
	Fiduciary Services Limited as sole director of
	Cleveland Ventures Ltd

[Signature Page to Joint Filing Agreement, Schedule 13G]

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Zhengmin Lian
Zhengmin Lian

Assets Train Limited	/s/ Zhengmin Lian
Name:	Zhengmin Lian
Title:	Director

[Signature Page to Joint Filing Agreement, Schedule 13G]

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