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ReneSola Ltd.

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ReneSola ended 2017 on a solid note, with both its fourth-quarter earnings and revenues having surpassed the respective Zacks Consensus Estimate. With the U.S. administration having imposed a of 30% on the import of solar panels and modules, ReneSola’s revenues will be impacted adversely. As the company expands its distribution network internationally, its exposure to fluctuations in currency exchange rates rises. Consequently, ReneSola’s share price has underperformed the broader industry over a year. However, the company continues to benefit from a steady flow of contracts from both domestic and international customers.


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