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

DateRevenueChange
2023-12-31$104.67M28.57%
2022-12-31$81.41M2.20%
2021-12-31$79.66M7.77%
2020-12-31$73.92M-37.95%
2019-12-31$119.12M22.92%
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$1.56B2.75%
2013-12-31$1.52B56.80%
2012-12-31$969.13M-1.64%
2011-12-31$985.28M-18.27%
2010-12-31$1.21B136.20%
2009-12-31$510.40M-23.86%
2008-12-31$670.37M169.25%
2007-12-31$248.97M195.09%
2006-12-31$84.37M1558.24%
2005-12-31$5.09M100.00%
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

DateRevenueChange
2024-06-30$30.06M103.27%
2024-03-31$14.79M-66.39%
2023-12-31$44.00M215.46%
2023-09-30$13.95M-58.79%
2023-06-30$33.85M162.86%
2023-03-31$12.88M-68.44%
2022-12-31$40.80M41.24%
2022-09-30$28.89M252.06%
2022-06-30$8.21M133.52%
2022-03-31$3.51M-84.60%
2021-12-31$22.82M46.82%
2021-09-30$15.54M-16.14%
2021-06-30$18.53M-18.63%
2021-03-31$22.77M35.45%
2020-12-31$16.81M72.47%
2020-09-30$9.75M-62.78%
2020-06-30$26.19M23.76%
2020-03-31$21.16M-20.23%
2019-12-31$26.53M-59.78%
2019-09-30$65.96M386.20%
2019-06-30$13.57M3.90%
2019-03-31$13.06M134.27%
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$64.81M78.57%
2017-09-30$36.29M-76.06%
2017-06-30$151.63M-3.18%
2017-03-31$156.61M-32.52%
2016-12-31$232.07M24.09%
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$368.24M37.20%
2015-06-30$268.40M-23.09%
2015-03-31$349.00M-9.81%
2014-12-31$386.97M3.90%
2014-09-30$372.46M-3.78%
2014-06-30$387.11M-6.71%
2014-03-31$414.97M-5.44%
2013-12-31$438.84M4.67%
2013-09-30$419.27M11.11%
2013-06-30$377.36M32.80%
2013-03-31$284.17M-7.27%
2012-12-31$306.45M40.48%
2012-09-30$218.16M-6.39%
2012-06-30$233.04M10.19%
2012-03-31$211.49M12.68%
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$386.44M7.73%
2010-09-30$358.70M41.29%
2010-06-30$253.88M22.91%
2010-03-31$206.55M14.82%
2009-12-31$179.88M27.63%
2009-09-30$140.94M70.58%
2009-06-30$82.63M-22.74%
2009-03-31$106.95M-32.58%
2008-12-31$158.62M-26.48%
2008-09-30$215.75M24.71%
2008-06-30$173.01M40.68%
2008-03-31$122.98M28.04%
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/ServiceDec 21Dec 20Dec 19Dec 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/ServiceJun 24Mar 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

CountryDec 22Dec 21Dec 20Dec 19Dec 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

CountryJun 24Mar 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


TickerCompanyLast Year RevenueLast Quarter Revenue
JKSJinkoSolar$118.68B$23.04B
CSIQCanadian Solar$7.61B$1.33B
FSLRFirst Solar$3.32B$1.01B
SEDGSolarEdge$2.98B$204.40M
RUNSunrun$2.26B$458.19M
SPWRSunPower$1.69B$356.90M
MAXNMaxeon Solar$1.12B$187.46M
NOVASunnova Energy$720.65M$219.60M
SOLReneSola$104.67M$30.06M
ISUNiSun$1.71M$25.41M

SOL Revenue FAQ


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.

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).

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%.

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

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.