Emeren(SOL) - 2024 Q2 - Quarterly Results

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 ...