|Bid||1.2500 x 3000|
|Ask||0.0000 x 800|
|Day's Range||1.2500 - 1.3300|
|52 Week Range||1.1500 - 2.5400|
|Beta (3Y Monthly)||2.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 4, 2019 - Sep 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.30|
Anyone researching ReneSola Ltd (NYSE:SOL) might want to consider the historical volatility of the share price. Modern...
SHANGHAI , July 15, 2019 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") ( www.renesolapower.com ) (NYSE: SOL), a leading solar project developer, today announced that it ...
NANJING , China , July 10, 2019 /PRNewswire/ -- Sasol Limited, an international integrated chemicals and energy company, today announced the opening of its new alkoxylation plant in Nanjing . This facility ...
(Bloomberg) -- The world’s biggest oil and chemical companies are about to unleash a tidal wave of plastic raw materials by the mid-2020s, tapping cheap shale gas to meet growing demand from makers of everything from toys to plumbing to consumer goods.Exxon Mobil Corp., Dow Inc., France’s Total SA, South Africa’s Sasol Ltd. and Saudi Basic Industries Corp. have built or announced at least $40 billion in new petrochemical facilities in Texas and Louisiana, according to data compiled by Bloomberg. The most recent is an $8 billion joint venture between Chevron Corp., Phillips 66 and Qatar Petroleum announced this week.The investments in Gulf of Mexico coastal factories come amid a consumer backlash against plastic bags and straws for their environmental impact. The total amount of oceanic plastic waste is expected to more than double by 2030 if action isn’t taken now, the International Energy Agency said in a report last year.In the U.S. alone, New York City, Seattle, Oakland and Miami Beach all have either banned straws or have pending proposals to do so. Boston, Chicago, Los Angeles and San Francisco prohibit plastic bags, while several other cities imposed fees for using plastic bags at grocery stores.Mark Lashier, chief executive officer of the Chevron Phillips Chemical Co. joint venture that’s partnering with Qatar Petroleum, said he’s not worried about straw or bag bans hitting the plastics industry. Some forecasters see plastic demand growing quicker than oil, which is under threat from renewable energy and electric vehicles.“We certainly take that into account in our supply and demand balances, but the demand in general for plastic materials is growing greater than 4% a year,” he said. “The world is going to need more and more of this as the world population grows.”To contact the reporters on this story: Andres Guerra Luz in Houston at email@example.com;Rachel Adams-Heard in Houston at firstname.lastname@example.org;Kevin Crowley in Houston at email@example.comTo contact the editors responsible for this story: Simon Casey at firstname.lastname@example.org, Carlos Caminada, Joe CarrollFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
SHANGHAI, July 8, 2019 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or "the Company") (www.renesolapower.com) (SOL), a leading solar project developer, today announced that its Chief Executive Officer, Mr. Xianshou Li, due to personal reasons, resigned from his position as Chief Executive Officer and from all other managerial positions held by him in ReneSola and any of its subsidiaries, effective July 8, 2019. The Board has accepted his resignation and has appointed Ms. Shelley Xu as the new Chief Executive Officer of the Company.
ReneSola's (SOL) weak gross margin in first-quarter 2019 can be attributed to revenue decline and unfavorable margin from project sales in the United States.
SHANGHAI , June 27, 2019 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") ( www.renesolapower.com ) (NYSE: SOL), a leading solar project developer, today announced its unaudited ...
NEW YORK, NY / ACCESSWIRE / June 27, 2019 / ReneSola Ltd. Sponsored ADR (NYSE: SOL ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on June 27, 2019 at 8:30 AM ...
SHANGHAI, June 24, 2019 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or "the Company") (www.renesolapower.com) (SOL), a leading solar project developer, today announced that it entered into a development service agreement with X-Elio North America, a subsidiary of X-Elio, a Madrid, Spain-based company specialized in the development, construction, operation and maintenance of solar plants. Under the agreement, the Company's North American development team will originate and develop large utility scale solar projects for X-Elio. The parties are conducting joint diligence on an initial portfolio of projects in California, Oregon and Utah with a total installed capacity of over 500 MW, many of which will include a battery storage system. Under the terms of the agreement, ReneSola will assist X-Elio with obtaining site control, permitting, interconnection and off-take agreements. Additionally, ReneSola expects to provide further support, as X-Elio carries the projects through the financing and construction phases.
SHANGHAI , June 10, 2019 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") ( www.renesolapower.com ) (NYSE: SOL), a leading fully integrated solar project developer, announced ...
JOHANNESBURG , June 7, 2019 /PRNewswire/ -- Sasol Limited ("Sasol") announced today that its wholly owned subsidiary Sasol Financing USA LLC (the "Borrower") has entered into new $1,8 ...
LAKE CHARLES, Louisiana, June 3, 2019 /PRNewswire/ -- Sasol today announced beneficial operation of its new ethylene oxide (EO) production facility at its Lake Charles Chemicals Project (LCCP). As announced on 22 May 2019, Sasol achieved beneficial operation of the ethylene glycol (EG) facility. The combined ethylene oxide/ethylene glycol (EO/EG) unit is the second of the seven LCCP production facilities to come online.
JOHANNESBURG, June 3, 2019 /PRNewswire/ -- Sasol provided an update on the Lake Charles Chemicals Project (LCCP) in an announcement on 22 May 2019. The announcement included reference to the fact that beneficial operation of the Ethylene Glycol (EG) facility had been achieved, with the beneficial operation of the Ethylene Oxide (EO) facility expected within days. Sasol is pleased to announce that the EO facility achieved beneficial operation on 31 May 2019. The combined EO/EG unit is the second of the seven LCCP production units to come online.
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JOHANNESBURG, May 22, 2019 /PRNewswire/ -- Sasol has today updated its guidance for LCCP following a review process to assess the project costs and schedule. LCCP's schedule remains on track with the Ethylene Glycol/Ethylene Oxide Unit due to achieve beneficial operation within days. As at the end of March 2019 project completion was at 96% with construction completion at 89%.
JOHANNESBURG, May 22, 2019 /PRNewswire/ -- In the Company's trading statement, released by the Stock Exchange News Service on 8 February 2019, updated guidance was provided for the LCCP's schedule and capital costs, which were estimated in the range of $11,6 to $11,8 billion. Following this announcement a number of changes were made to the management of the LCCP, with project accountability immediately reassigned to the Executive Vice President of Chemicals, Fleetwood Grobler and the strengthening of our project controls organisation. This team became concerned regarding the accuracy of the project's cost forecast and, as a consequence, our third quarter Business Performance Metrics announcement in April 2019 indicated that the LCCP's cost was tracking the upper end of the range.
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