ReneSola Announces Second Quarter 2016 Results

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Go back to ReneSola Announces Second Quarter 2016 Results

ReneSola (SOL) Sells Ibaraki, Japan-Located Solar Power Project

August 26, 2016 6:35 AM EDT

ReneSola Ltd (NYSE: SOL) announced that it sold a 1.23 MW solar power project located in Ibaraki, Japan. The project qualifies for Japan's 32 Yen feed-in tariff. Revenue from the sale will be recognized in the third quarter and all proceeds have been... More

ReneSola (SOL) Tops Q2 EPS by 1c; Guides Q3, FY16

August 24, 2016 6:52 AM EDT

ReneSola (NYSE: SOL) reported Q2 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $250 million versus the consensus estimate of $284.39 million.

Successfully sold approximately 20.0 MW of projects in the UK; £21.2 million to be recognized in Q3 2016,... More