Last $2.44 USD
Change Today -0.04 / -1.61%
Volume 575.9K
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11/5/13 - $5.20
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renesola ltd-adr (SOL) Details

ReneSola Ltd, through its subsidiaries, manufactures and sells various solar power products. It operates through two segments, Wafer, and Cell and Module. The company offers virgin polysilicon; mono crystalline and multi crystalline solar wafers; and photovoltaic cells. It also provides mono crystalline and multi crystalline solar modules for use in various residential, commercial, industrial, and other solar power generation systems. In addition, the company offers wafer processing services. It offers its products to the manufacturers of solar cells and modules, distributors, installers, and end users of solar modules. The company operates in Mainland China, Taiwan, Australia, Singapore, Korea, India, Hong Kong, Japan, Germany, Greece, Belgium, Italy, France, the United States, Spain, Czech Republic, England, the Netherlands, and South Africa. ReneSola Ltd was founded in 2005 and is based in Jiashan, the People’s Republic of China.

7,874 Employees
Last Reported Date: 04/25/14
Founded in 2005

renesola ltd-adr (SOL) Top Compensated Officers

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renesola ltd-adr (SOL) Key Developments

ReneSola Ltd. Presents at ROTH Capital Partners Solar Symposium, Oct-21-2014

ReneSola Ltd. Presents at ROTH Capital Partners Solar Symposium, Oct-21-2014 . Venue: Las Vegas Convention Center, 3150 Paradise Rd, Las Vegas, NV 89109, United States.

ReneSola Ltd. Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

ReneSola Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2014. The company reported net revenue of USD 802,072,000 compared with USD 661,527,000 a year ago. Income from operations was USD 1,864,000 compared with loss from operations of USD 49,997,000 a year ago. Loss before income tax, non-controlling interest was USD 15,831,000 compared with USD 72,656,000 a year ago. Net loss was USD 13,834,000 compared with USD 60,077,000 a year ago. Basic and diluted loss per share were USD 0.07 compared with USD 0.35 a year ago. Net cash used in operating activities was USD 152,865,000 compared with net cash provided by operating activities was USD 69,730,000 a year ago. Purchases of property, plant and equipment was USD 39,330,000 against USD 28,611,000 a year ago. Advances for purchases of property, plant and equipment were USD 2,446,000 against USD 30,427,000 a year ago. The company had capital expenditures of USD 59,000,000 and USD 41,800,000 for the six months ended June 30, 2013 and 2014, respectively.

ReneSola Expands Distribution Partnership with SolarMax

ReneSola Ltd. announced a new partnership initiative with SolarMax to distribute SolarMax solar inverters in Australia. The partnership is an extension of ReneSola's distribution agreement in North America, and Australia will be the second country in the world where ReneSola will sell SolarMax inverters directly to the Company's customers. ReneSola will offer its solar panels along with SolarMax's P-series and MT-series solar inverters and accessories as a premium package to residential and commercial customers. The inverters are fully certified for use in Australia and New Zealand and are accredited by the Clean Energy Council (CEC).


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SOL Competitors

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Company Last Change
JA Solar Holdings Co Ltd $8.26 USD +0.03
JinkoSolar Holding Co Ltd $23.23 USD -0.12
Sino-American Silicon Products Inc 47.20 TWD -0.55
Trina Solar Ltd $10.18 USD 0.00
Yingli Green Energy Holding Co Ltd $2.92 USD -0.03
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