ReneSola
Encyclopedia
ReneSola Ltd. is a Jiashan-headquartered manufacturer of solar wafers, which are thin sheets of crystalline silicon material primarily used in the production of solar cell
Solar cell
A solar cell is a solid state electrical device that converts the energy of light directly into electricity by the photovoltaic effect....

s.

The Company’s customers include some of the global manufacturers of solar cells and modules, such as JA Solar Co., Ltd., Motech Industries Inc., Solarfun Power Holding Ltd. and Suntech Power
Suntech Power
Suntech Power Holdings Co., Ltd. is the world's largest producer of solar panels, with 1,800MW of annual production capacity by the end of 2010. With offices or production facilities in every major market, Suntech has delivered more than 13,000,000 solar panels to thousands of companies in more...

 Co., Ltd.

As of December 31, 2007, it offered monocrystalline wafers in sizes of both 125 millimeter by 125 millimeter and 156 millimeter by 156 millimeter.

The Company possesses one of the solar wafer manufacturing plants in China based as of December 31, 2007. As of December 31, 2007, it had annual ingot
Ingot
An ingot is a material, usually metal, that is cast into a shape suitable for further processing. Non-metallic and semiconductor materials prepared in bulk form may also be referred to as ingots, particularly when cast by mold based methods.-Uses:...

 manufacturing capacity of approximately 378 megawatt, consisting of monocrystalline ingot manufacturing capacity of approximately 218 megawatt and multicrystalline ingot manufacturing capacity of approximately 160 megawatt, and solar wafer manufacturing capacity of approximately 305 megawatt.

On January 14, 2011, ReneSola announced it had developed a new multicrystalline wafer, the Virtus Wafer, achieving an average cell conversion efficiency rate of 17.5%, more than 1% higher than the industry-standard cell conversion efficiency rate for cells using multicrystalline wafers.

Stock

ReneSola's shares are currently traded on the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

 (NYSE: SOL) and the AIM market of the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

(AIM: SOLA.L).
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