Bravo Family Fund
Long/short equity, value, growth, solar

Renesola: Poised To Become Profitable This Year, Up To 300% Stock Upside In 2014

Renesola (NYSE:SOL) is one of the fastest-growing Chinese solar companies listed in the US.

It has increased its module shipments to 463 MW in the third quarter of 2013, which was a 6.6% increase from the second quarter. The company's gross margin also improved substantially to 8.1%. The company has guided further improvements in module sales to around 500 MW in the next quarter and a gross margin in the range of 9-11% for the next quarter.

The company is now among the top five solar panel suppliers in the world and is one of the most prominent suppliers of wafers. To put it simply, Renesola has become the biggest solar company in terms of shipments and it...

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