ReneSola raises Q1 revenue view despite China’s new solar provisions [Seeking Alpha]
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: Seeking Alpha
ReneSola raises Q1 revenue view despite China’s new solar provisionsReneSola (NYSE:SOL)+6.4% premarket afterraising Q1 revenue guidance, now expecting revenues of $40M-$45M vs. previous guidance of $30M-$35M.On the recent decision by China's government tosharply curtail solar development, SOL says its existing projects will continue to receive subsidies and future projects would benefit from a "likely significant decline" in prices for equipment and construction in H2 2018."China DG is only one driver of our growth," SOL says, noting its projects around the world. "We anticipate significant declines in module prices that will benefit our overseas projects by increasing returns and thus project values."See all stocks on the move »Now read:QuickLogic (QUIK) Presents At Cowen And Company 46th Annual Technology, Media and Telecom Conference - Slideshow »
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News
- Emeren Group and Nuveen Infrastructure Finalize 354 MWp Battery Storage Portfolio in Italy with 2.83 GWh CapacityPR Newswire
- Emeren Group Announces Receipt of Notice of Late Filing from NYSEPR Newswire
- Micro Inverter Market Size to Grow 5314.7 Million by 2030 at a CAGR of 10.9% - Exclusive Report by Valuates ReportsPR Newswire
- Micro Inverter Market Size to Grow 5314.7 Million by 2030 at a CAGR of 10.9% - Exclusive Report by Valuates ReportsPR Newswire
- Emeren Group: Over-Optimism Should Be Set Aside [Seeking Alpha]Seeking Alpha
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Earnings
- 3/28/24 - Miss
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Analyst Actions
- 4/1/24 - HC Wainwright
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Sec Filings
- 4/19/24 - Form 8-K
- 4/2/24 - Form 8-K
- 3/29/24 - Form NT
- SOL's page on the SEC website