Renesola Solar Panel Review

Renesola was established in 2005 and is a leading global photovoltaic manufacturer. The company has its own R&D team and advanced production equipment. Renesola is a vertically integrated company with complete R&D and manufacturing of polysilicon, silicon wafer and solar modules. Renesola has a global presence with sales branches established in Europe, the Americas and the Asia-Pacific regions.

Renesola Ltd. is a leading manufacturer of silicon wafers & solar modules. This Chinese solar company is one of the lowest cost producer of solar wafer in the world. It is expanding into other parts of the supply chain. Like LDK Solar, Renesola sells most of its Solar Panels under an OEM Contract.

How Renesola could benefit from the US- China Solar Trade War

The US Government recently imposed anti-dumping duties against the Chinese solar panel companies. The polysilicon companies can sell additional quantities at $10/kg which is less than 50% of the cost. This gives the Chinese trade authorities concrete evidence to decide whether to impose anti dumping duties on polysilicon imports. Not only 5-6 polysilicon companies in China continue to operate due to the price crash. Companies like Renesola, LDK , GCL, Daqo New Energy could benefit massively if the Government imposes duties. These companies will see their selling prices go up by 30-50% and also their volumes go up by a large amount which will allow them to utilize their full capacity.

Renesola Solar Modules

Standard Features of Renesola Solar Modules:

• High Module Conversion Efficiency
• Easy Installation & Handling for various Applications
• Withstanding Mechanical Load upto 5400pa
• Conform with PV standards: IEC 61215:2005, IEC 61730:2004, UL 1703

Types Of Solar Modules:

Renesola Solar Modules are divided into Monocrystalline and Virtus Series.

1) Monocrystalline Solar Panels

i) 156 black mono (250w-260w)

• Cell Type: 156x156mm square Monocrystalline, 60(6×10) pcs in series
• Glass: High Transmission, Low lron, Tempered Glass
• Frame: Anodized Aluminum Alloy
• Junction Box:  IP65/IP67 rated, with bypass diodes
• Dimension: 1640 x 992 x 40 mm
• Output Cable: 4 mm2 (EU)/12 AWG (US), 1000mm
• Weight :19 Kg

ii) 125mono (190w-200w)

• Cell Type: 125x125mm square Monocrystalline, 72(6×12) pcs in series
• Glass: High Transmission, Low lron, Tempered Glass
• Frame: Anodized Aluminum Alloy
• Junction Box:  IP65 rated, with bypass diodes
• Dimension: 1580 x 808 x 35mm
• Output Cable: 1000mm
• Weight :16 Kg

iii) 156square mono (260w-270w)

• Cell Type: 156x156mm square Monocrystalline, 60(6×10) pcs in series
• Glass: High Transmission, Low lron, Tempered Glass
• Frame: Anodized Aluminum Alloy
• Junction Box:  IP65/IP67 rated, with bypass diodes
• Dimension: 1640 x 992 x 40 mm
• Output Cable: 4 mm2 (EU)/12 AWG (US), 1000mm
• Weight :19 Kg

iv) 156mono (250w-260w)

• Cell Type: 156x156mm square Monocrystalline, 60(6×10) pcs in series
• Glass: High Transmission, Low lron, Tempered Glass
• Frame: Anodized Aluminum Alloy
• Junction Box:  IP65 rated, with bypass diodes
• Dimension: 1640 x 992 x 40 mm
• Output Cable: 1000mm
• Weight :19 Kg

2) Virtus

i) 250w-260w

• Cell Type: 156x156mm square Monocrystalline, 60(6×10) pcs in series
• Glass: High Transmission, Low lron, Tempered Glass
• Frame: Anodized Aluminum Alloy
• Junction Box:  IP65 rated, with bypass diodes
• Dimension: 1640 x 992 x 40 mm
• Output Cable: 1000mm
• Weight: 19 kg

ii) 300w-310w

• Cell Type: 156x156mm square Monocrystalline, 72(6×12) pcs in series
• Glass: High Transmission, Low lron, Tempered Glass
• Frame: Anodized Aluminum Alloy
• Junction Box:  IP65 rated, with bypass diodes
• Dimension: 1956 x 992 x 50 mm
• Output Cable: 1000mm
• Weight : 29 Kg

3) Virtus II

i) 250w-260w

• Cell Type: 156x156mm square Monocrystalline, 60(6×10) pcs in series
• Glass: High Transmission, Low lron, Tempered Glass
• Frame: Anodized Aluminum Alloy
• Junction Box:  IP65/IP67 rated, with bypass diodes
• Dimension: 1640 x 992 x 40 mm
• Output Cable: 4 mm2 (EU)/12 AWG (US), 1000mm
• Weight :19 Kg

ii) 300w-310w

• Cell Type: 156x156mm square Monocrystalline, 72(6×12) pcs in series
• Glass: High Transmission, Low lron, Tempered Glass
• Frame: Anodized Aluminum Alloy
• Junction Box:  IP65/IP67 rated, with bypass diodes
• Dimension: 1956 x 992 x 50 mm
• Output Cable: 4 mm2 (EU)/12 AWG (US), 1000mm
• Weight : 29 Kg

Renesola Outperforms the Badly Managed Over-Debted Solar Firms in 2012

The whole solar panel industry has been in a tailspin as the massive solar glut takes toll of the whole industry. The industry downturn which started in 2011 has not stopped as solar panel prices have crashed to new all time lows with European demand pull in ending and inventories building up. However the Market has started asserting its power with the badly managed, over indebted solar companies showing greater distress and bigger losses. While the better managed ones are increasing marketshare and showing resilience, the worst companies like LDK and Suntech are close to failure. The YTD stock performance has started to reflect the realities with some of the good companies like Renesola showing a massive out-performance compared to the worst ones like LDK (75% return of SOL long compared to LDK short).

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