Our Clients

ReneSola manufactures solar wafers for integration into photovoltaic (PV) cells, the principal component of crystalline solar panels.

ReneSola came to the London AIM market in August 2006, raising US$50 million through a placing at US$1.50 per share. On listing, ReneSola's market capitalisation was US$150 million.

One of China's most dynamic solar energy companies, ReneSola has been profitable and has grown rapidly since trading commenced in 2005, as the market for solar power continues to grow exponentially. ReneSola is well positioned to take advantage of this growth in both domestic and international markets. Production is set to reach 373MW by the end of 2007, putting it on track to be the largest supplier of wafers to China's solar industry.

Buchanan was approached to assist with the flotation in 2006 through relationships with existing advisors, and has since grown its Chinese portfolio of retained clients, having won the mandate for IPOs and corporate communications advice for many Chinese businesses looking for European exposure through a listing on the London market.

Renesola's growth since flotation has been very impressive, being named IPO of the Year, Best Renewable Energy Stock of the Year.

Buchanan has been pleased to offer corporate and strategic advice on contract wins, capacity expansion updates and financial calendar obligations as a listed Company.

Valued at approximately £75 million on flotation, the Company's market capitalisation as at autumn 2007 is £260m.