The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: Congratulations on the quarter. A couple of questions. First off, on your China business, can you give us an update on when do you expect first
revenue from those 100 megawatts that you are building? I believe you said last quarter that we could start something in the third quarter.
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: So you mean just to make sure I understand what you're saying about your disciplined approach there. So 100 to 150 megawatts, so you're pushing
the target up, but you are doing it over a longer time frame, meaning that would be the target by the end of '22?
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: Okay. And the -- Sorry.
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: Sorry, I didn't mean to interrupt. There's a little bit of a delay. So what does it mean in terms of how you're thinking about what percent of your
overall business, the IPP business and specifically the China IPP business would be? As of right now, the way I thought about it, it was about 20%
of revenues, give or take, but will that change?
REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us
consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies.
AUGUST 30, 2021 / 8:30PM, SOL.N - Q2 2021 ReneSola Ltd Earnings Call
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: Well, I mean with the addition of 100 to 150 megawatts in '22, would it still be around those metrics with the growth in project development in
'22? Or do you anticipate a significant deviation?
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: Okay. And then on the project development side, a couple of questions here. One, follow up on the supply chain question that Pavel was asking.
So you're also seeing an improvement on the cost side. It sounds like -- have you observed any pushouts or delays in your business -- project
development business into 2022 due to supply chain issues or you didn't suffer that?
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: Okay. That's great. Then on the project development side, I think in the first half of the year, I have you having sold 66 megawatts, give or take.
Wondering if you can provide an update on what could be the range of number of megawatts sold for project development for the full year 2021.
I believe in the past, you've mentioned 250 to 300 megawatts. And that's looking a little bit stretched on the first half numbers.
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: But it's more than 130 megawatts that we are talking about, just to make sure we're talking about the same thing on the project development side
on the second half of the year.
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: Okay. Purchased development only, correct?
| 
