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Renesola Ltd


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ReneSola Ltd Announces Results of Annual General Meeting

JIASHAN, China, Aug. 29 /Xinhua-PRNewswire-FirstCall/ -- ReneSola Ltd ("ReneSola" or the "Company"), a leading global manufacturer of solar wafers, is pleased to announce that all resolutions proposed to shareholders at the Annual General ...

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ReneSola Q2 net quadruples on strong demand (SOL)

One guess as to which way the stock went. (it did have a nice run-up over the last few days [15 to 19]) From Reuters: ReneSola Ltd (SOL.N: Quote ), a Chinese maker of solar wafers, quadrupled its second-quarter net income from a year ago, helped by a rising number of customers and strong demand, the company reported on Tuesday. Net income jumped to $23.3 million in the quarter to the end of June from...

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ReneSola Nearly Quadruples Q2 Income On Increased Output

Solar wafer manufacturer ReneSola Ltd (NYSE: SOL) ramped up net income 294.6% year-on-year and 31.9% quarter-on-quarter to $23.3 million in the second quarter of 2008. Net revenues were $173.0 million, up 289% year-on-year and 40.7% quarter-on-quarter, with production output up from 66.5 MW in the first...

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ReneSola Ltd Announces Second Quarter 2008 Results

Second Quarter Revenues Increased 289.0% Year-Over-Year; Second Quarter Net Income Increased 294.6% Year-Over-Year JIASHAN, China, Aug. 19 /Xinhua-PRNewswire-FirstCall/ -- ReneSola Ltd ("ReneSola" or the "Company"), a leading global manufacturer of solar wafers, today announced its unaudited financial results for the second quarter of 2008. (Logo: ) Financial and Business Highlights -- Second...

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LDK Solar: A Spark of Light

Zachary Scheidt submits: After spending most of the summer in the dark, the solar industry is seeing a ray of light after an earnings report from LDK Solar Co., Ltd. (LDK). The stock is currently up about 19% on the day and related companies such as Trina Solar Limited (TSL), and ReneSola Ltd. (SOL) are catching a bid as well. The industry-wide strength is a welcome change since declines in energy...

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ReneSola to Report Second Quarter 2008 Financial Results on August 19, 2008

JIASHAN, China, Aug. 11 /Xinhua-PRNewswire-FirstCall/ -- ReneSola Ltd (''ReneSola'' or the ''Company'') (NYSE: SOL) (AIM: SOLA.L), a leading Chinese manufacturer of solar wafers, today announced that it will report its unaudited financial results for the seco...

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ReneSola Files Annual Report on Form 20-F

JIASHAN, China, June 26 /Xinhua-PRNewswire-FirstCall/ -- ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL) (AIM: SOLA.L), a leading global manufacturer of solar wafers, today announced that it filed its annual report on Form 20-F for ...

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ReneSola: Secondary Offering Pressures Shares

Zachary Scheidt submits: ReneSola Ltd. (SOL) is not for the faint of heart. Since its $13.00 IPO in March the stock has seen a low of $7.36 and a high of $29.48. That accounts for a 300% gain if one was lucky enough to buy at the very bottom and sell at the very top. Since its high in May, the stock has taken back nearly half of its gains and a great bit of the decline occurred on yesterday’s trading....

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ReneSola: Hot Stock in a Hot Sector

Steve Patterson submits: ReneSola Ltd. (SOL) is a Chinese silicon wafer manufacturer whose stock is a hot IPO in a space that is red-hot. Most all solar companies that produce panels, except for First Solar which uses a different panel manufacturing process, use silicon solar wafers. There has been a shortage of the wafers due to increased demand so pricing is not an issue for a company like ReneSola....

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ReneSola Q1 Revenue Up 242% YoY, Increases Outlook

Solar wafer manufacturer ReneSola Ltd (NYSE: SOL) reported first quarter revenue of $123 million, up 242.4 percent year-on-year and 28 percent quarter-on-quarter, before market open on Wednesday. Net income was $17.7 million, up 160.6 percent year-on-year and 1.2 percent sequentially. In the three month...

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ReneSola net income triples, lifts revenue outlook

NEW YORK (MarketWatch) -- ReneSola Ltd. on Wednesday said first-quarter net income nearly tripled to $17.7 million, or 28 cents a share, from $6.8 million, or 14 cents a share in the year-ago period. Revenue rose to $123 million from $36 million. The China-based solar panel maker lifted its 2008 revenue outlook to $570 million to $590 million from its earlier view of $530 million to $550 million....

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ReneSola Ltd Announces First Quarter 2008 Results

Company Raises Full Year 2008 Production Output and Revenue Guidance JIASHAN, China, May 14 /Xinhua-PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company"), a leading Chinese manufacturer of solar wafers, today announced its unaudited financial results for the first quarter ended March 31, 2008. Financial and Business Highlights -- First quarter 2008 net revenues were US$123.0 million, an...

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ReneSola ups 2008 revenue forecast to $530 mln-$550 mln

NEW YORK (MarketWatch) -- ReneSola Ltd said Thursday it now expects net revenues for 2008 to be in the range of $530 million to $550 million, compared to its previously issued forecast of $480 million. The NYSE-traded Chinese manufacturer of solar wafers also revised its estimate for 2008 production output to a range of 310 megawatts (MW) to 320 MW, up from the company's previously issued forecast...

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ReneSola Revenue Up 195% YoY

Solar wafer manufacturer ReneSola Ltd (NYSE: SOL) reported 2007 revenue of US$249 million, up 195.1 percent year-on-year, and net income of US$42.9 million, up percent 69.7 year-on-year, before market open on Wednesday. In the fourth quarter, company revenue reached $96 million, an increase of 32.4 percent...