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ReneSola Ltd ADR Stock

Price
Target price
€1.66

€1.66

-1.720%
-0.03
-1.720%
€6.49
 
17.04.24 / Tradegate WKN: A2DLEP / Symbol: SOL / Name: ReneSola / Stock / Renewable Energy / Micro Cap /
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Pros and Cons of ReneSola Ltd ADR in the next few years
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Description ReneSola

ReneSola is a listed company that trades under the symbol SOL on the New York Stock Exchange (NYSE). It's a multinational solar energy company with headquarters in Stamford, Connecticut, USA, and Shanghai, China. The company specializes in the design, development, and manufacturing of solar modules and wafers.

ReneSola has a global presence with operations in Europe, North America, and Asia. They've installed solar modules in over 100 countries, providing affordable and reliable solar energy solutions to homes, businesses, and communities worldwide. The company's mission is to accelerate the transition to a sustainable energy future by delivering innovative solar technology solutions that meet the needs of their customers and the environment.

As of September 2021, ReneSola had a market capitalization of approximately $736 million and traded at around $9.38 per share. The company's revenue in 2020 was $101.3 million, with a net loss of $42.8 million. Despite its financial challenges, the company is optimistic about its future prospects in the booming renewable energy industry.

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