ReneSola Ltd. (SOL US)

Year: 2021

Last Updated: 17 Jan, 2022

US-domiciled solar project developer and operator ReneSola listed on London's AIM market in 2006 before moving its listing to the US in 2008. In December 2021, short-seller Grizzly Research published a report which alleged that the company had misrepresented its fundamentals, was employing aggressive accounting and was backed by a questionable Chinese investor. While there have been a few director resignations since, the company managed to produce audited FY21 financials. As such, the allegations remain unproven.

Last updated August 2022.

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