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

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

ReneSola Announces Second Quarter 2016 Results

August 24, 2016 6:50 AM EDT

SHANGHAI, Aug. 24, 2016 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy efficient technology products, today announced its unaudited financial results for the second quarter ended June 30, 2016.

Second Quarter 2016 Highlights

... More

Outcome of the Lake Charles Chemicals Project Review

August 23, 2016 2:50 AM EDT

JOHANNESBURG, August 23, 2016 /PRNewswire/ --

On 6 June 2016, Sasol announced the preliminary findings of the detailed review of the Lake Charles Chemical Project (LCCP), which was initiated in March 2016. The review has been completed, and involved a verification of the details and quantities of approximately 60 000 individual line items, based on actual costs, detailed engineering, benchmarking against other projects as well as actual field construction productivity factors. These factors were then combined with the updated execution strategy to prepare an updated project cost and schedule. An independent third party review of the estimate has also been... More