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ReneSola Power Updates Financial Results for Fourth Quarter and Fiscal Year 2019; - Fourth Quarter Revenue Expected to be $20 to $25 Million Versus Prior Guidance of $45 to $50 Million

Jan 16, 2020 - PR Newswire

PR Newswire

ReneSola Ltd ("ReneSola Power" or the "Company") (http://www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today updated its financial guidance for the fourth quarter and fiscal year 2019 to reflect the delay in recognizing revenue from the sale of a solar project in Canada. The Company now anticipates completing this project sale and recognizing revenue in the first quarter of 2020.

Preliminary Fourth Quarter and Full-year Re...