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Last $1.25 USD
Change Today +0.02 / 1.63%
Volume 87.6K
SOL On Other Exchanges
New York
As of 8:04 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

renesola ltd-adr (SOL) Snapshot

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09/18/14 - $3.62
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08/24/15 - $0.94
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renesola ltd-adr (SOL) Related Businessweek News

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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, the Czech Republic, England, the Netherlands, South Africa, and internationally. ReneSola Ltd was founded in 2005 and is based in Yaozhuang Town, the People’s Republic of China.

6,953 Employees
Last Reported Date: 04/23/15
Founded in 2005

renesola ltd-adr (SOL) Top Compensated Officers

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Executives, Board Directors

renesola ltd-adr (SOL) Key Developments

ReneSola Ltd. Announces Unaudited Consolidated Earnings and Production Results for the Second Quarter and Cash Flows Results for the Six Months Ended June 30, 2015; Provides Earnings Guidance For the Third Quarter of 2015

ReneSola Ltd. announced unaudited consolidated earnings and production results for the second quarter and cash flows results for the six months ended June 30, 2015. For the quarter, net revenues were USD 268,401,000 against USD 387,106,000 for the same period a year ago. Income from operations was USD 10,483,000 against USD 10,566,000 for the same period a year ago. Loss before income tax, non controlling interests was USD 1,685,000 against income before income tax of USD 1,179,000 for the same period a year ago. Net loss attributable to holders of ordinary shares was USD 2,300,000 or USD 0.01 per basic and diluted share against net income attributable to holders of ordinary shares of USD 757,000 or USD 0.00 per basic and diluted share for the same period a year ago. Net cash outflow from operating activities was USD 11.6 million in the second quarter of 2015, compared to net cash outflow of USD 9.0 million in the first quarter of 2015. Net revenues decreased quarter over quarter due to lower module shipments, which is consistent with the company's downstream expansion strategy and efforts to scale back its module business. For the six months, the company’s net cash used in operating activities was USD 20,631,000 compared to USD 152,865,000 a year ago. Purchases of property, plant and equipment was USD 1,661,000 compared to USD 39,330,000 a year ago. The company announced production results for the second quarter of 2015. For the quarter, the company reported total solar module shipments were 322.0 megawatts, compared to 498.7 MW in second quarter of 2014. Total solar wafer and module shipments were 603.7 MW, compared to 698.3 MW in second quarter of 2014. For the third quarter of 2015, the company expects its net revenues to be in the range of USD 330 million to USD 340 million, and gross margin to be in the range of 15% to 16%.

ReneSola Ltd. to Report Q2, 2015 Results on Aug 25, 2015

ReneSola Ltd. announced that they will report Q2, 2015 results at 8:00 AM, US Eastern Standard Time on Aug 25, 2015

ReneSola Ltd., Q2 2015 Earnings Call, Aug 25, 2015

ReneSola Ltd., Q2 2015 Earnings Call, Aug 25, 2015


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