Profile: ReneSola Ltd (SOL)
26 May 2017
ReneSola Ltd, incorporated on March 17, 2006, is a holding company. The Company is a brand and technology provider of energy-efficient products based in China. The Company's segments include wafer sales, cell and module sales, and solar power projects. The wafer sales segment involves the manufacture and sales of monocrystalline and multicrystalline solar wafers and processing services. The cell and module sales segment involves the manufacture and sales of solar cells and modules. The solar power projects segment involves sales of solar power projects and electricity generation revenue of certain project assets it owns and operates. The Company provides its customers with solar power products and processing services. It provides solar power products to a network of suppliers and customers, which includes manufacturers of solar cells and modules and distributors, installers and end users of solar modules. The Company manufactures solar-grade polysilicon, solar wafers, cells and modules.
The Company offers monocrystalline and multicrystalline wafers of various sizes and thicknesses. The Company offers wafer processing services to certain customers. The Company offers monocrystalline and multicrystalline solar modules. It produces standard solar monocrystalline modules ranging from 75 watts to 320 watts and multicrystalline modules ranging from 130 watts to 315 watts in power output, built to general specifications for use in a range of residential, commercial, industrial and other solar power generation systems. The Company develops, builds and sells solar power projects. The Company is focused on its retail and residential-oriented business development. The Company's solar power projects pipeline includes early to mid-stage projects pipeline and late-stage projects pipeline.
The Company's manufacturing capacities consist of polysilicon production, ingot production, wafer slicing, cell manufacturing and module manufacturing. The Company uses the modified Siemens process to produce polysilicon. The Company also offers its customers with after-sales support services, such as monthly performance checks on its products.
The Company competes with GCL-Poly Energy Holdings Limited, Renewable Energy Corporation, Comtec Solar Systems Group Limited, Trina Solar Limited and Yingli Green Energy Holding Company Limited.
No. 8 Baoqun Road, Yaozhuang
JIAXING ZHJ 314117