Renesola

Website: * Stock code (NYSE): SOL Staff size: Approximately 10,000

Company Locations
Shanghai,
Beijing,
Shenzhen,
Jiashan, Zhejiang, China
Yixing, Jiangsu, China
Meishan, Sichuan, China
San Francisco, USA
Boston, USA
Los Angeles, USA
Frankfurt, Germany
Milan, Italy
Tokyo, Japan
Osaka, Japan
Johannesburg, South Africa
Lyon, France
Melbourne, Australia
New Haven, UK
Mumbai, India
Kolkata, India
New Delhi, India
Panama City, Panama
Mexico City, Mexico
Hsinchu, Taiwan
Singapore

Renesola Group was founded in 2005 and listed on the New York Stock Exchange in 2008 (stock code: SOL). In 2013, it achieved global sales of $1.5 billion. As a brand supplier of green and energy-saving products, Renesola is committed to providing professional products and services to global EPC companies, installers, and energy-saving projects.
In the past 8 years, based on its proprietary technology, economies of scale, and technological advantages, Renesola has provided customers with high-quality, low-cost products using self-developed technology and a vertically integrated business model. Renesola has sold 7 GW of solar products globally, supported power generation for thousands of projects, and expanded its overseas marketing service network. Currently, it has established 44 branches in 14 countries, with integrated local office, warehousing, logistics, and service capabilities.
At the end of 2013, Renesola entered the e-commerce field, combining its strong offline marketing service network to face new challenges and opportunities. To meet the rapid expansion of business development, Renesola has long been recruiting various marketing and management talents in 26 countries abroad and 4 cities domestically. Currently, a global referral reward system is in place ($100 per person). A single forward or referral from you may enable participation in this transformation.

Profitability:

2011 Revenue: $985 million 2011 Gross Margin: 9.7% 2011 Net Income: $300,000
2010 Revenue: $1.2 billion 2010 Gross Margin: 28.9% 2010 Net Income: $169 million


Website: * Stock Exchange (NYSE): SOL HC Size: Approximately 10,000

Locations of Workforce
Jiashan, Zhejiang Province, China (Executive Headquarters, and 5 manufacturing subsidiaries)
Wuxi, Jiangsu Province, China (Manufacturing center of cell modules, including 1 subsidiary)
Meishan, Sichuan Province, China (4 manufacturing subsidiaries)
Shanghai, China (Global Business Headquarters)
Beijing, China (China Business Office)
California, USA (American Subsidiary)
Frankfurt, Germany (European Subsidiary)
Singapore (Asia-Pacific Business Office)
Tokyo, Japan (Japan Subsidiary)
Melbourne, Australia (Australia Subsidiary)

Financial Data
2011 Revenue: $0.985 billion 2010 Revenue: $1.2 billion
2011 Gross Margin: 9.7% 2010 Gross Margin: 28.9%
2011 Net Income: $0.3 million 2010 Net Income: $169 million

Renesola is a leading global photovoltaic product manufacturer and solution provider including polysilicon, monocrystalline and multicrystalline solar ingots and wafers, photovoltaic cells and modules. Since 2005, Renesola emerged as a silicon wafer manufacturer, aimed at developing the middle of the industrial chain. According to the strategic expansion plan, Renesola successfully listed on the London Stock Exchange and the United States New York Stock Exchange respectively in 2006 and 2008, built the production base of polysilicon in Sichuan in 2008, and during 2009, Renesola even wholly-owned the acquisition of Wuxi Jiacheng, and developed it into a downstream production center of cell modules, completing the vertical integration of the photovoltaic industrial chain as a leader in the domestic industry. To further enhance brand competitiveness, Renesola actively committed to the R&D and manufacturing of photovoltaic materials and other new products. Several subsidiaries have already researched and produced cutting wires, cutting fluid, and other photovoltaic materials or new products. Renesola will never stop and will continue to emerge beyond themselves.

As of December 31, 2011, ReneSola had an annual wafer manufacturing capacity of approximately 1.8 GW, consisting of monocrystalline wafer manufacturing capacity of app