ReneSola (SOL) Revenue & Revenue Breakdown


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ReneSola Revenue Highlights


Latest Revenue (Y)

$104.67M

Latest Revenue (Q)

$12.86M

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
2024-09-30$12.86M-57.21%
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 $12.86M in revenue during Q3 2024, up -57.21% compared to the previous quarter, and up 38.00% 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
Electricity generation$17.97M---
Solar power projects$61.04M---
Other$655.84K---
EPC services----
Contract--$69.75K$18.54M
Real Estate-$49.16M$90.10M$48.78M
Product And Service Other-$795.51K$237.78K-
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/ServiceSep 24Jun 24Mar 24
Electricity$9.41M$8.69M$5.38M
Product and Service, Other$284.00K$19.00K$17.00K
Real Estate$1.53M$5.88M-
Contract$337.00K$12.37M$4.14M

ReneSola's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Electricity (81.38%), Real Estate (13.25%), Contract (2.91%), and Product and Service, Other (2.45%).

ReneSola Revenue Breakdown by Country

Annual Revenue by Country

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

CountrySep 24Jun 24Mar 24
ITALY$1.29M$3.10M$5.06M
POLAND$351.00K$480.00K$2.46M
UNITED STATES$1.22M$394.00K$407.00K
CHINA$5.31M$6.24M$2.88M
FRANCE$994.00K$1.00K$1.00K
SPAIN-$815.00K-
HUNGARY-$14.99M$1.69M

ReneSola's latest quarterly revenue breakdown by geography, as of Sep 24: CHINA (57.89%), ITALY (14.10%), UNITED STATES (13.34%), FRANCE (10.84%), and POLAND (3.83%).

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$887.67M
SEDGSolarEdge$2.98B$265.40M
RUNSunrun$2.26B$537.17M
MAXNMaxeon Solar$1.12B$187.46M
NOVASunnova Energy$720.65M$235.29M
SOLReneSola$104.67M$12.86M

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 Q3 2024 was $12.86M, a -57.21% decrease from the previous quarter (Q2 2024), and a -7.80% decrease year-over-year (Q3 2023). The company'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). SOL'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).

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 Electricity generation, Solar power projects, and Other. Electricity generation generated $17.97M in revenue, accounting 22.56% of the company's total revenue 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

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.