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Western Wind Energy

E•BOOM CAPITAL: ReneSolar Scares Investors with Falling Gross Margins & Lower Q1 Guidance

By Terry McDonald on March 2, 2011

Tags: A123 Systems Inc., Chrysler, Fisker Automotive, Navistar, ReneSola Ltd., Western Wind Energy Corporation, Puerto Rico, United States, USD, A123, A123 Systems, Renesola, Western Wind, Western Wind Energy, ADRs, Finance, manufacturing, share price

American Depositary Receipts (ADRs) of Chinese solar wafer and module manufacturer ReneSola Ltd. (NYSE: SOL) (market cap $799 million) fell 16.74% Tuesday -- and recovered 3% in early trading today -- after reporting strong 2010 revenue and earnings growth, but scaring investors with lower gross margins in Q4 compared to Q3 and with a forecast that Q1 2011 revenues will be 14%-20% lower than Q4 2010 revenues.

(OTHER NEWS: Western Wind Energy Corp., A123 Systems, Inc.)

Western Wind Energy Corp.

By Joseph Baker on January 14, 2011

Tags: Western Wind Energy, Western Wind Energy Corp.

Western Wind Energy Corp.

By Joseph on September 15, 2010

Tags: Western Wind, Western Wind Energy, Western Wind Energy Corp., WND.V

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