PV module manufacturer ReneSola said it had accepted the resignation of its chief financial officer, Daniel Lee.

Lee had only been with the company around 16 months and was previously chief financial officer of China Information Technology Inc.

The company noted that that Lee would service a notice period and there were no issues with the company and its accounts in relation to the planned departure.

Xianshou Li, ReneSola's Chief Executive Officer, said: "We are committed to identifying a highly qualified permanent Chief Financial Officer. In the interim, we are highly confident in Ms. Ma's ability to manage the Company's finances effectively."

Mr. Li added, "We greatly appreciate the contributions Daniel Lee made during his tenure at ReneSola. We respect his decision and wish him the very best in his future endeavors."

ReneSola is seeking a permanent replacement for Lee but Maggie Ma, the company's vice president of financial control, will serve as the interim Chief Financial Officer, after Lee's departure.