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Stock impact report

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 Check Earnings Report
US:NYSE Investor Relations: ir.renesolapower.com
Company Research 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 » Show less Read more
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