ReneSola fourth quarter results show loss of $25.5m
The Chinese solar firm sees Q4 revenue slump 21.7% YOY, with gross profit also contracting 89.5%. Full year financials reveal similar losses as the company continues its shift towards downstream project development.
Record shipments, lower revenue: Canadian Solar 2016 financials reveal impact of lower module ASPs
The Chinese solar company shipped 5,232 MW in 2016 but saw its revenue fall from $3.47bn in 2015 to $2.85bn last year as the global price squeeze on solar modules hit the firm’s bottom line.
