ReneSola Announces Second Quarter 2020 Financial Results

Rhea-AI Summary

ReneSola Power (NYSE: SOL) announced its unaudited financial results for Q2 2020 on August 27, 2020. The Company continues to expand its solar project development, focusing on high-margin opportunities in the U.S. and Europe, particularly in regions like Poland, Hungary, Minnesota, and New York. The management is set to discuss these results in a conference call on the same day. Investors can access further details through the Company’s shareholder letter on its website.

Positive

• Focus on high-margin solar project development in the U.S. and Europe.
• Strong market position in growing regions, including Poland and New York.

Negative

• None.

STAMFORD, Conn., Aug. 27, 2020 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced its unaudited financial results for the second quarter ended June 30, 2020. ReneSola Power's second quarter 2020 financial results and management commentary can be found by accessing the Company's shareholder letter on the quarterly results page of the Investor Relations section of ReneSola Power's website at: http://ir.renesolapower.com.

ReneSola Power will hold a conference call today to discuss results and to provide an update on the business.

Conference Call Details

ReneSola Power's management will hold a conference call today, August 27, 2020 at 8:30 a.m. U.S. Eastern Time (8:30 p.m. China Standard Time) to discuss financial results. 

Please register in advance to join the conference call using the link provided below and dial in 10 minutes before the call is scheduled to begin. Conference call access information will be provided upon registration.

Participant Online Registration: http://apac.directeventreg.com/registration/event/7846999

A replay of the conference call may be accessed by phone at the following numbers until September 4, 2020. To access the replay, please reference the conference ID 7846999.

	Phone Number	Toll-Free Number
United States	+1 (646) 254-3697	+1 (855) 452-5696
Hong Kong	+852 3051-2780	+852 8009-63117
Mainland China	+86 (800) 870-0206 +86 (400) 602-2065
Other International	+61 (2) 8199-0299

A webcast of the conference call will be available on ReneSola Power's website at http://ir.renesolapower.com.

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company's strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

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SOURCE ReneSola Ltd.

FAQ

What are ReneSola's Q2 2020 financial results?

ReneSola has released its unaudited financial results for Q2 2020, available on their website.

When is the conference call for ReneSola's financial results?

The conference call is on August 27, 2020, at 8:30 a.m. U.S. Eastern Time.

What markets is ReneSola focusing on for solar development?

ReneSola is focused on high-margin project development in the U.S. and Europe.

Where is ReneSola gaining market share?

ReneSola is gaining market share in regions like Poland, Hungary, Minnesota, and New York.

What is the stock symbol for ReneSola?

The stock symbol for ReneSola is SOL.