Emeren(SOL) - 2024 Q3 - Quarterly Results

Exhibit 99.1 Nov. 14, 2024 Fellow Shareholders, In Q3 2024, our company executed on its bottom-line focus, achieving solid profitability despite softer-than-anticipated revenue resulting from delays in closing scheduled project sales. With $12.9 million in revenue, we achieved a gross profit of approximately$5.6 million (yielding a solid gross margin of 43.8%), $2.1 million in operating profit and$4.8 million in net income . Strong EBITDA of $8.5 million further reflects our commitment to sustainable prof ...