ReneSola: 2013Q1 polysilicon costs decreased to $ 18
The ReneSola Group ReneSolaLtd. (NYSE: SOL) is one of the first batch of overseas-listed solar companies in China. But the company was first listed on the London AIM, and after the AIM delisting after re-listed in the United States. Yuhui Solar Group was established in 2005, has 17 subsidiaries, the the few global PV industry have vertically integrated from polysilicon to photovoltaic power generation system operation of large-scale solar Enterprise Group one. The advantages of the company are summarized as follows:

The ReneSola Group is one of the lowest production costs of companies in the solar industry. The company has been working to significantly reduce production costs, has reached the range of 20-25 U.S. dollars, while the cost of LDK Solar Co., Ltd. at more than $ 30. The ReneSola Group is building a new polysilicon plant. Thus, to the first quarter of 2013, the company's polysilicon production costs will decline further to $ 18 per kilogram. Compared with the current average selling price of 15-17 U.S. dollars, 18 dollars is not very attractive. However, ReneSola Group for future development in preparation.

2012 Yuhui Solar Group has been working to increase the market share of solar components and solar wafers. Has long been overlooked as investors focused on the company's declining stock price, its fundamentals. ReneSola Group's market share of solar wafers have risen sharply, and is also being developed into a large-scale solar component suppliers.

ReneSola Group in their efforts to expand into new, faster-growing markets, such as India and Australia. The company plans to start manufacture solar components in India, recently launched in Australia, the new solar micro inverter.

The ReneSola Group the better Chinese solar company balance sheet of a company. The company's debt to equity ratio is about average in the industry. The company wisely earnings obtained by the solar industry boom period of 2010 to reduce debt. When many solar companies frantically expansion of production capacity.

ReneSola management of the Group's performance is excellent in the past few years. Although the solar industry experienced a turning point of prosperity to recession, many solar companies broke accounting scandal or environment pollution problem, but Yuhui Solar Group has so far not had any big problems. The management of the company in a more conservative balance sheet and acquisition.

ReneSola Group's share price performance is not outstanding, compared with the general trend. In the past year, the S & P 500 index rose 17.7% ReneSola Group's share price rose 16%. However, compared with other company's share price in the same industry, ReneSola Group's share price performance is very good. LDK Solar Co., Ltd. fell 68 percent in the past year. The Suntech Power down 46%. Trina Solar fell 34%.

Yuhui Solar Group, however, there are some disadvantages, such as brand recognition is not high. In short, in the context of the global economic situation is poor of ReneSola Group's quarterly results and other solar companies are just as bad. However, the company has forecast the next quarter gross margin will be positive, also predicted that the increase in product sales, which means a higher market share. The ReneSola Group is also one of few companies share price closed up the solar energy industry in 2012, is expected next year will be a similar situation.