ReneSola (SOL) Revenue & Revenue Breakdown

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ReneSola Revenue Highlights

Latest Revenue (Y)

$104.67M

Latest Revenue (Q)

$30.06M

Main Segment (Y)

Solar power projects

Main Geography (Y)

ITALY

ReneSola Revenue by Period

ReneSola Revenue by Year

Date	Revenue	Change
2023-12-31	$104.67M	28.57%
2022-12-31	$81.41M	2.20%
2021-12-31	$79.66M	7.77%
2020-12-31	$73.92M	-37.95%
2019-12-31	$119.12M	22.92%
2018-12-31	$96.91M	-5.89%
2017-12-31	$102.97M	-88.93%
2016-12-31	$929.84M	-27.47%
2015-12-31	$1.28B	-17.90%
2014-12-31	$1.56B	2.75%
2013-12-31	$1.52B	56.80%
2012-12-31	$969.13M	-1.64%
2011-12-31	$985.28M	-18.27%
2010-12-31	$1.21B	136.20%
2009-12-31	$510.40M	-23.86%
2008-12-31	$670.37M	169.25%
2007-12-31	$248.97M	195.09%
2006-12-31	$84.37M	1558.24%
2005-12-31	$5.09M	100.00%
2004-12-31	-	-

ReneSola generated $104.67M in revenue during NA 2023, up 28.57% compared to the previous quarter, and up 108.01% compared to the same period a year ago.

ReneSola Revenue by Quarter

Date	Revenue	Change
2024-06-30	$30.06M	103.27%
2024-03-31	$14.79M	-66.39%
2023-12-31	$44.00M	215.46%
2023-09-30	$13.95M	-58.79%
2023-06-30	$33.85M	162.86%
2023-03-31	$12.88M	-68.44%
2022-12-31	$40.80M	41.24%
2022-09-30	$28.89M	252.06%
2022-06-30	$8.21M	133.52%
2022-03-31	$3.51M	-84.60%
2021-12-31	$22.82M	46.82%
2021-09-30	$15.54M	-16.14%
2021-06-30	$18.53M	-18.63%
2021-03-31	$22.77M	35.45%
2020-12-31	$16.81M	72.47%
2020-09-30	$9.75M	-62.78%
2020-06-30	$26.19M	23.76%
2020-03-31	$21.16M	-20.23%
2019-12-31	$26.53M	-59.78%
2019-09-30	$65.96M	386.20%
2019-06-30	$13.57M	3.90%
2019-03-31	$13.06M	134.27%
2018-12-31	$5.57M	-70.30%
2018-09-30	$18.77M	-32.52%
2018-06-30	$27.81M	-37.87%
2018-03-31	$44.76M	-30.94%
2017-12-31	$64.81M	78.57%
2017-09-30	$36.29M	-76.06%
2017-06-30	$151.63M	-3.18%
2017-03-31	$156.61M	-32.52%
2016-12-31	$232.07M	24.09%
2016-09-30	$187.03M	-25.20%
2016-06-30	$250.04M	-4.09%
2016-03-31	$260.70M	-12.04%
2015-12-31	$296.39M	-19.51%
2015-09-30	$368.24M	37.20%
2015-06-30	$268.40M	-23.09%
2015-03-31	$349.00M	-9.81%
2014-12-31	$386.97M	3.90%
2014-09-30	$372.46M	-3.78%
2014-06-30	$387.11M	-6.71%
2014-03-31	$414.97M	-5.44%
2013-12-31	$438.84M	4.67%
2013-09-30	$419.27M	11.11%
2013-06-30	$377.36M	32.80%
2013-03-31	$284.17M	-7.27%
2012-12-31	$306.45M	40.48%
2012-09-30	$218.16M	-6.39%
2012-06-30	$233.04M	10.19%
2012-03-31	$211.49M	12.68%
2011-12-31	$187.69M	-0.72%
2011-09-30	$189.06M	-24.17%
2011-06-30	$249.31M	-24.03%
2011-03-31	$328.16M	-15.08%
2010-12-31	$386.44M	7.73%
2010-09-30	$358.70M	41.29%
2010-06-30	$253.88M	22.91%
2010-03-31	$206.55M	14.82%
2009-12-31	$179.88M	27.63%
2009-09-30	$140.94M	70.58%
2009-06-30	$82.63M	-22.74%
2009-03-31	$106.95M	-32.58%
2008-12-31	$158.62M	-26.48%
2008-09-30	$215.75M	24.71%
2008-06-30	$173.01M	40.68%
2008-03-31	$122.98M	28.04%
2007-12-31	$96.05M	-

ReneSola generated $30.06M in revenue during Q2 2024, up 103.27% compared to the previous quarter, and up 233.43% compared to the same period a year ago.

ReneSola Revenue Breakdown

ReneSola Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 21	Dec 20	Dec 19	Dec 18
EPC services	-	-	-	-
Solar power projects	$61.04M	-	-	-
Other	$655.84K	-	-	-
Electricity generation	$17.97M	-	-	-
Product And Service Other	-	$795.51K	$237.78K	-
Real Estate	-	$49.16M	$90.10M	$48.78M
Contract	-	-	$69.75K	$18.54M
Electricity	-	$23.55M	$28.71M	$29.26M
Product and Service, Other	-	-	-	$319.48K

ReneSola's latest annual revenue breakdown by segment (product or service), as of Dec 21: Solar power projects (76.62%), Electricity generation (22.56%), and Other (0.82%).

Quarterly Revenue by Product

Product/Service	Jun 24	Mar 24
Product and Service, Other	$19.00K	$17.00K
Contract	$12.37M	$4.14M
Real Estate	$5.88M	-
Electricity	$8.69M	$5.38M

ReneSola's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Contract (45.87%), Electricity (32.24%), Real Estate (21.83%), and Product and Service, Other (0.07%).

ReneSola Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
UK	-	-	-	-	-
CANADA	-	-	-	-	-
SPAIN	$-490.47K	$2.84M	-	-	-
ROMANIA	-	-	$1.82M	-	-
ITALY	$779.48K	-	-	-	-
HUNGARY	$451.63K	-	-	-	-
FRANCE	$14.03K	$96.21K	$941.83K	-	-
Solar power projects	-	$61.04M	-	-	-
Hungary	-	$20.99M	-	-	-
Poland	-	$24.94M	-	-	-
UNITED STATES	-	$13.90M	$15.45M	-	-
Electricity generation	-	$17.97M	-	-	-
Other	-	$655.84K	-	-	-
CHINA	-	$16.90M	$45.40M	-	-
EPC services	-	-	-	-	-
T	-	-	-	-	-
R	-	-	$5.71M	$3.19M	-
P	-	-	$10.01M	$59.88M	-
H	-	-	$20.47M	$17.71M	-
G	-	-	$655.10K	$3.85M	-
C	-	-	$16.56M	$24.47M	-
U	-	-	$4.39M	$9.28M	-
England	-	-	-	-	$31.17M
TURKEY	-	-	-	-	$2.13M
JAPAN	-	-	-	-	-

ReneSola's latest annual revenue breakdown by geography, as of Dec 22: ITALY (103.29%), HUNGARY (59.84%), FRANCE (1.86%), and SPAIN (-64.99%).

Quarterly Revenue by Country

Country	Jun 24	Mar 24
FRANCE	$1.00K	$1.00K
CHINA	$6.24M	$2.88M
HUNGARY	$14.99M	$1.69M
ITALY	$3.10M	$5.06M
POLAND	$480.00K	$2.46M
SPAIN	$815.00K	-
UNITED STATES	$394.00K	$407.00K

ReneSola's latest quarterly revenue breakdown by geography, as of Jun 24: HUNGARY (57.60%), CHINA (24.00%), ITALY (11.91%), SPAIN (3.13%), POLAND (1.84%), UNITED STATES (1.51%), and FRANCE (0.00%).

ReneSola Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
JKS	JinkoSolar	$118.68B	$23.04B
CSIQ	Canadian Solar	$7.61B	$1.33B
FSLR	First Solar	$3.32B	$887.67M
SEDG	SolarEdge	$2.98B	$265.40M
RUN	Sunrun	$2.26B	$537.17M
SPWR	SunPower	$1.69B	$356.90M
MAXN	Maxeon Solar	$1.12B	$187.46M
NOVA	Sunnova Energy	$720.65M	$235.29M
SOL	ReneSola	$104.67M	$30.06M
ISUN	iSun	$1.71M	$25.41M

SOL Revenue FAQ

What is ReneSola’s yearly revenue?

ReneSola's yearly revenue for 2023 was $104.67M, representing an increase of 28.57% compared to 2022. The company's yearly revenue for 2022 was $81.41M, representing an increase of 2.20% compared to 2021. SOL's yearly revenue for 2021 was $79.66M, representing an increase of 7.77% compared to 2020.

What is ReneSola’s quarterly revenue?

ReneSola's quarterly revenue for Q2 2024 was $30.06M, a 103.27% increase from the previous quarter (Q1 2024), and a -11.19% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $14.79M, a -66.39% decrease from the previous quarter (Q4 2023), and a 14.84% increase year-over-year (Q1 2023). SOL's quarterly revenue for Q4 2023 was $44M, a 215.46% increase from the previous quarter (Q3 2023), and a 7.84% increase year-over-year (Q4 2022).

What is ReneSola’s revenue growth rate?

ReneSola's revenue growth rate for the last 3 years (2021-2023) was 31.39%, and for the last 5 years (2019-2023) was -12.13%.

What are ReneSola’s revenue streams?

ReneSola's revenue streams in c 21 are Solar power projects, Other, and Electricity generation. Solar power projects generated $61.04M in revenue, accounting 76.62% of the company's total revenue Other generated $655.84K in revenue, accounting 0.82% of the company's total revenue Electricity generation generated $17.97M in revenue, accounting 22.56% of the company's total revenue

What is ReneSola’s main source of revenue?

For the fiscal year ending Dec 21, the largest source of revenue of ReneSola was Solar power projects. This segment made a revenue of $61.04M, representing 76.62% of the company's total revenue.