Tag Archives: sichuan

ReneSola (SOL) Completes Trial Run At New Sichuan Plant

Renesola (SOL) has announced that the first trial run has been completed at its shiny new plant in China’s Sichuan province.  This is the first phase of a two phase, 3000 MT annualized capacity plant which uses the Siemens process and a closed loop to produce the polysilicon.  Phase 2 is expected to reach mechanical completion in September. 

“The launch of our in-house polysilicon manufacturing facility represents another exciting strategic milestone for ReneSola,” commented … Read the rest

ReneSola (SOL) Holding Steady After Earnings, Sichuan Project Progressing

ReneSola (SOL) reported an expected EPS loss in the 4th quarter, posting a loss of .05/share on revenues of $158.6 million which was a touch above estimates and 65% over the year ago quarter.  The quarter marks the first time in 2 years that the company didn’t post sequential quarterly revenue growth.  For the full year 2009, the company expects sales of $650 – 700 million, vs the analyst expectation of $700 million

RenSola … Read the rest