AS Published on Sunday 4 September 2016 - n° 158 - Categories:company results
ReneSola's race between debt and the resale of power plants
Gradually, the company wants to withdraw from panel production, which explains the voluntary decline in turnover. It delivered 671 MW of panels (-7% in one year) and 774 MW of wafers (+62%), but also at the beginning of the year a 10 MW plant in Bulgaria. This helped to improve the gross margin and strengthen the operating margin.
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