Another Solar Manufacturer Goes Private [The Motley Fool]
Emeren Group Ltd American Depositary Shares, each representing 10 shares (SOL)
Last emeren group ltd american depositary shares, each representing 10 shares earnings: 11/19 06:30 am
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Source: The Motley Fool
ReneSola's manufacturing is going private, and all that will be left is a small solar developer. Travis Hoium ( TMFFlushDraw ) Sep 28, 2017 at 5:09PM For the second time this year, a U.S.-traded Chinese solar manufacturer has agreed to go private in a sale to its CEO. ReneS ola ( NYSE:SOL ) will sell its solar manufacturing capacity and liabilities to CEO Xianshou Li and turn its focus to project development. This follows Trina Solar's move to go private, betting that there was more upside than the market was currently pricing in. In ReneSola's case, the buyout is a little more complicated than the CEO betting on a brighter future. Image source: Getty Images. A money-losing operation is gone The manufacturing operation that's being sold to Li isn't exactly a success story in solar energy. In 2016, the company sold 1.2 GW of solar mod
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- Emeren Group: Over-Optimism Should Be Set Aside [Seeking Alpha]Seeking Alpha
- Emeren Group Ltd (NYSE: SOL) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Emeren Group Ltd (NYSE: SOL) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $7.00 price target on the stock.MarketBeat
SOL
Earnings
- 3/28/24 - Miss
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Analyst Actions
- 4/1/24 - HC Wainwright
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Sec Filings
- 4/2/24 - Form 8-K
- 3/29/24 - Form NT
- 3/29/24 - Form 8-K
- SOL's page on the SEC website