ReneSola Power Announces Fourth Quarter and Full Year 2021 Financial Results – EQ Mag Pro
-
Earnings per ADS of $0.10 up 77% y/y
-
Project development pipeline of 2.2 GW, up 120% y/y
-
Strengthened capital position with $254 million cash and cash equivalents
STAMFORD, Conn : ReneSola Ltd (“ReneSola Power” or the “Company”) (NYSE: SOL), a leading fully integrated solar project developer, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021. ReneSola Power’s fourth quarter and full year 2021 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.
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.
