Emeren Group Divests a 57 MWp Solar Project Portfolio in France

Emeren Group Ltd. (SOL) recently declared the sale of a 57 megawatt-peak (MWp) solar portfolio of five projects to Trina Solar (France) Systems. This project sale can be expected to boost SOL's revenues in the third quarter of 2024. The five projects include one early-stage, one late-stage and three mid-stage projects. There is a possibility of attaching Battery Energy Storage Systems ("BESS") to this portfolio, which, if attached, will enhance the portfolio's overall value, boosting SOL's revenue prospects ...