Renesola Modules-Jefry 9643282399 (Solar panel Manufacturer China& India)

Renesola Modules-Jefry 9643282399 (Solar panel Manufacturer China& India)

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  ReneSola (NYSE: SOL) CorporatePresentation Aug 2014 www.renesola.com ReneSola (NYSE: SOL) Corporate Presentation Aug 2014
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  This presentation doesnot constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of Renesola Ltd (the “Company”) in any jurisdiction or an inducement to enter into investment activity, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. The information herein has been prepared by the Company solely for use in this presentation. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. None of the Company or any of its affiliates, advisors or representatives will be liable (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with the presentation. By attending this presentation, participants agree not to remove this document, or any materials provided in connection herewith, from the conference room where such documents are provided. Participants agree further not to photograph, copy or otherwise reproduce these materials in any form or pass on these materials to any other person for any purpose, during the presentation or while in the conference room. Participants must return this presentation and all others materials provided in connection herewith to the Company at the completion of the presentation. This presentation contains forward-looking statements and management may make additional forward-looking statements in response to your questions. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “ estimates,” “confident,” “could,” “may,” “potential,” “should,” “would,” and similar statements, which refer to future events and trends. Statements that are not historical facts, including statements concerning our beliefs, forecast, estimates and expectations, are forward-looking statements. Forward-looking statements involve inherent risk and uncertainties that could cause actual results to differ materially from those projected or anticipated , including risks related to: the risk that our results of operations may fluctuate from period to period, the risk of PRC governmental policy changes; the risk that we face intense competition from other solar companies; the risk that PRC economic, political and social conditions as well as government policies can affect our business and other risks outlined in our public filings with the Securities and Exchanges Commission, including our registration statement on Form F-3, as amended. The forward-looking statements made in this presentation related only to events or information as of the date on which the statements are made in this presentation. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a results of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Disclaimers & Safe Harbor Statement This presentation does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of Renesola Ltd (the “Company”) in any jurisdiction or an inducement to enter into investment activity, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. The information herein has been prepared by the Company solely for use in this presentation. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. None of the Company or any of its affiliates, advisors or representatives will be liable (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with the presentation. By attending this presentation, participants agree not to remove this document, or any materials provided in connection herewith, from the conference room where such documents are provided. Participants agree further not to photograph, copy or otherwise reproduce these materials in any form or pass on these materials to any other person for any purpose, during the presentation or while in the conference room. Participants must return this presentation and all others materials provided in connection herewith to the Company at the completion of the presentation. This presentation contains forward-looking statements and management may make additional forward-looking statements in response to your questions. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “ estimates,” “confident,” “could,” “may,” “potential,” “should,” “would,” and similar statements, which refer to future events and trends. Statements that are not historical facts, including statements concerning our beliefs, forecast, estimates and expectations, are forward-looking statements. Forward-looking statements involve inherent risk and uncertainties that could cause actual results to differ materially from those projected or anticipated , including risks related to: the risk that our results of operations may fluctuate from period to period, the risk of PRC governmental policy changes; the risk that we face intense competition from other solar companies; the risk that PRC economic, political and social conditions as well as government policies can affect our business and other risks outlined in our public filings with the Securities and Exchanges Commission, including our registration statement on Form F-3, as amended. The forward-looking statements made in this presentation related only to events or information as of the date on which the statements are made in this presentation. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a results of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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  Contents Business Overview Core Value FutureOutlook 11 22 33 Future Outlook33 44 Operating Performance 55 Financials
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  Polysilicon 6,000 MT Wafer 2 GW Cell 240MW Business Overview • Established in 2005 • Listed in NYSE in 2008 (Ticker: SOL) • 40 subsidiaries and around 7500 employees worldwide* • Tier One Module Provider after only 18 months of scale production** Business Overview Core Value Future Outlook Operating Performance Financials 4 Cell 240 MW Module 1.2 GW *As of the end of 2013 **Listed by Bloomberg in early 2013
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  Total Shipment* Business Overview 200 300 400 500 600 ModuleShipment Geographic BreakdownMW MW Business Overview Core Value Future Outlook Operating Performance Financials 1496 1417 1500 2000 2500 3000 3500 1,183 1,295 2,209 3147 5 3-year total shipment CAGR = 36.4% 3-year module shipment CAGR = 79.3% * Calculated using actual numbers for 2010, 2011, 2012 and 2013 guidance. - 100 200 2013Q1 2013Q2 2013Q3 2014Q4 Other China India Japan Europe Australia US Top 3 module provider in US and Europe Increasing shipment in Japan, will further increase in 2014 Continue to increase overall shipment and focus on overseas markets with higher ASPs 295 281 713 1731 888 1014 1496 0 500 1000 1500 2010 2011 2012 2013 2014 Wafer Module 1,183 1,295
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  Global Sales Network BusinessOverview Core Value Future Outlook Operating Performance Financials 26 existing sales offices overseas Sales office set-up in progress 42 Existing warehouses
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  Global Sales Network- Team Business Overview Core Value Future Outlook Operating Performance Financials 7
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  Business Overview CoreValue Future Outlook Operating Performance Financials Global Sales Network - Team 8
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  Business Overview CoreValue Future Outlook Operating Performance Financials Global Sales Network - Team 9
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  Business Overview CoreValue Future Outlook Operating Performance Financials Global Sales Network - Team 10
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  Global Sales Network- Warehouse Warehouses across the globe in US, Europe, Japan, Asia-Pacific, South America, etc. Business Overview Core Value Future Outlook Operating Performance Financials 11
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  Biggest warehouse inFrankfurt Business Overview Core Value Future Outlook Operating Performance Financials Global Sales Network - Warehouse 12
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  Local WarehouseLocal Team GlobalSales Network - Service Provider • 9 in US, 5 in Europe, 6 in Australia • Also across Asia Pacific and South America • Local stock and instant delivery • Local technical support • Local after-sale service • Tailor-made for local requirements • Brand establishment and communication Customer --A focus on retail customers for residential roof-top Business Overview Core Value Future Outlook Operating Performance Financials 13 • 9 in US, 5 in Europe, 6 in Australia • Also across Asia Pacific and South America • Local stock and instant delivery • Local technical support • Local after-sale service • Tailor-made for local requirements • Brand establishment and communication Customer --A focus on retail customers for residential roof-top
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  Global OEM Capability TotalOEM module capacity of around 1.1GW overseasTotal OEM module capacity of around 1.1GW overseas Business Overview Core Value Future Outlook Operating Performance Financials Country OEM Capacity per annual* (MW) Poland 312 Turkey 126 South Africa 78 14 Expanding long-term OEM relationships worldwide Effectively dealing with global trade issues Expected to reach 1.2GW by end of 2014; 1.5GW by mid 2015 South Africa 78 Japan 78 South Korea 60 Malaysia 204 India 246 Total 1,104
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  Global OEM Capability- Module Factory Business Overview Core Value Future Outlook Operating Performance Financials 15
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  Global OEM Capability- Module Factory Business Overview Core Value Future Outlook Operating Performance Financials 16
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  Minimum capital expenditure, higherreturn on investment International trade barrier evasion, minimum limits under anti-dumping and countervailing environment Global OEM Capability – How It Is Benefiting Us Business Overview Core Value Future Outlook Operating Performance Financials 17 Flexible in capacity expansion, based on market conditions Brand image communication and recognition
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  Future Outlook Further OEM Expansion Further Globalizationin Sales network Further Product Diversification Sustainable and balanced growth in scale and profitability Business Overview Core Value Future Outlook Operating Performance Financials 18 …………
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  Shipment & Revenue (Unitsin MW) Solar Power Product Shipment* Business Overview Core Value Future Outlook Operating Performance Financials 0 500 1000 1500 2000 2500 3000 3500 2010 2011 2012 2013 2014 Q1 2014 Q2 Wafer Module 1,183 1,295 2,209 3147 710 698 * The Company adjusted its efficiency calculation used in determining MW shipped starting January 1, 2010. Data before 2010 has not been adjusted. (US$ in MM) Revenue 1206 985 969 1519 415 387 0 400 800 1200 1600 2010 2011 2012 2013 2014 Q1 2014 Q2 2010 2011 2012 2013 2014 Q1 2014 Q2
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  Geographic Diversification –Module Shipments US 31% AUS 3% EU 39% JAPAN 5% INDIA 7% CHINA 10% ROW 5% Business Overview Core Value Future Outlook Operating Performance Financials Other 13% China 11% Japan 23%EU 39% US 14% Q1 2014 20 Q3 2013 Other 19% China 15% Japan 23% EU 32% US 11% Q2 2014 Q1 2014
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  Guidance Solar module shipmentsare expected to be in the range of 530MW to 550MW Gross margin is expected to be in the range of 15% to 17% Q3 2014 Guidance Business Overview Core Value Future Outlook Operating Performance Financials 21
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  Thanks! www.renesola.com 22