Emeren(SOL)

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Emeren Group Sells 57 MWp Solar Project Portfolio to Trina Solar ISBU in France
Prnewswire· 2024-09-30 10:00
NORWALK, Conn., Sept. 30, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the sale of a 57 MWp solar project portfolio to Trina Solar (France) Systems ("Trina"), the French subsidiary of Trina Solar International System Business Unit (ISBU), the downstream project development arm of Trina Solar dedicated to the development, EPC, O&M, and asset management of solar and battery storage ...
Emeren Appoints Dr. Ramki Srinivasan to Its Board of Directors
Prnewswire· 2024-09-03 12:30
STAMFORD, Conn., Sept. 3, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the appointment of Dr. Ramakrishnan (Ramki) Srinivasan, an experienced clean energy project developer and management consultant to its Board of Directors, effective immediately."We are delighted to welcome Ramki to our Board of Directors," said Himanshu Shah, Chairman of the Company. "His deep understanding, l ...
Emeren to Participate at ROTH MKM 11th Annual Solar & Storage Symposium
Prnewswire· 2024-08-29 20:01
STAMFORD, Conn., Aug. 29, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced its participation in the ROTH MKM 11th Annual Solar & Storage Symposium on September 10th – 11th, 2024 at the RE+ Conference. The symposium will be held at the Anaheim Convention Center in Anaheim, CA.Management will be available for one-on-one or small group meetings with institutional investors during the sy ...
Prediction: Solana Will Be the First Cryptocurrency to Get a Spot ETF in 2025
The Motley Fool· 2024-08-24 10:38
With Bitcoin and Ethereum already sporting their own funds, here's my pick for the next up to bat.In the wake of the spot Bitcoin and Ethereum ETF approvals, there's been a lot of speculation about which crypto might be next. Already, a handful of names have been suggested, including all of the usual suspects: XRP, Solana (SOL 9.12%), Cardano, Litecoin, and Avalanche.Of these, Solana has the best chance of getting a spot ETF. In fact, this could happen as early as January 2025. From my perspective, there ar ...
Emeren Group (SOL) Q2 Earnings Miss Estimates, Revenues Top
ZACKS· 2024-08-22 15:46
Emeren Group Ltd’s (SOL) share price increased 5.9% to reach $1.96 on Aug 21 following the company’s latest quarterly release.Emeren reported an income per American Depositary Share (“ADS”) of a penny for the second quarter of 2024, which missed the Zacks Consensus Estimate of 7 cents by 85.7%. The figure also reflects a deterioration of 92.9% from the year-ago quarter’s reported figure of 14 cents per share.RevenuesEmeren’s second-quarter net revenues of $30.1 million declined 11.2% from $33.9 million repo ...
Emeren(SOL) - 2024 Q2 - Quarterly Results
2024-08-21 10:01
Exhibit 99.1 Development Service Agreement (DSA) BESS/PV Projects (MW) Expected Revenue Contracted > 2 GW > $60 mil Under Negotiation > 2 GW ~ $100 mil August 20, 2024 Fellow Shareholders, In the second quarter of 2024, our company achieved solid progress, generating $30.1 million in revenue. This performance was underpinned by gross profit of $9.4 million, translating to a robust gross margin of 31.2%. Operating profit was $3.0 million and net income was $0.4 million. These results reflect our disciplined ...
Emeren(SOL) - 2024 Q2 - Earnings Call Transcript
2024-08-20 23:20
Emeren Group Ltd (NYSE:SOL) Q2 2024 Earnings Conference Call August 20, 2024 5:00 PM ET Company Participants Gary Dvorchak - Investor Relations, The Blueshirt Group Yumin Liu - Chief Executive Officer Ke Chen - Chief Financial Officer Conference Call Participants Graham Price - Raymond James Philip Shen - Roth Capital Partners Amit Dayal - H.C. Wainwright Donovan Schafer - Northland Capital Markets Operator Hello, ladies and gentlemen. Thank you for standing by for Emeren Group Limited's Second Quarter 2024 ...
Emeren(SOL) - 2024 Q2 - Earnings Call Presentation
2024-08-20 22:12
SOL LISTED NYSE NYSE: SOL Q2 2024 Earnings Presentation August 20, 2024 Safe Harbor Statement 2 NYSE: SOL This presentation contains statements that constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Whenever you read a statement that is not simply a statement of historical fact (such as when the Com ...
Emeren Announces Second Quarter 2024 Financial Results
Prnewswire· 2024-08-20 12:30
STAMFORD, Conn., Aug. 20, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced its unaudited financial results for the second quarter ended June 30, 2024. Emeren's second quarter 2024 financial results and management commentary can be found by accessing the Company's shareholder letter on the quarterly results page of the Investor Relations section of Emeren Group Ltd's website at https: ...
Emeren(SOL) - 2024 Q2 - Quarterly Report
2024-08-19 20:36
Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001 33911 EMEREN GROUP LTD (Exact Name of Registrant as Specified in Its Charter) Acceleratedfiler Smallerreporting British Virgin Islands N ...