Emeren Group Ltd American Depositary Shares, each representing 10 shares - SOL STOCK NEWS

Emeren Group (NYSE: SOL) has announced the sale of a 57 MWp solar project portfolio to Trina Solar (France) Systems, a subsidiary of Trina Solar International System Business Unit (ISBU). The portfolio comprises five projects in France, including one early-stage and one late-stage project sold in Q3 2024, and three mid-stage projects to be monetized in milestones. There is also potential to incorporate Battery Energy Storage Systems (BESS) to increase the portfolio's flexibility and value.

Yumin Liu, CEO of Emeren Group, highlighted the successful delivery of a high-value portfolio despite the complexities of the French permitting process. Leonardo Lotti, Head of EMEA for Trina, expressed excitement about the collaboration, noting that it accelerates their pipeline in France and the EMEA region, supporting their transition towards becoming a long-term asset owner and IPP.

Emeren Group (NYSE: SOL) has successfully connected a 4.5 MW solar power plant to the grid at Luxshare iTech's facility in Jiashan County, Zhejiang Province, China. The project, developed and financed by Emeren, includes a 4 MW rooftop distributed photovoltaic (PV) system and a 0.5 MW solar PV carport with integrated EV charging stations.

Luxshare, a major Apple supplier and participant in Apple's Supplier Clean Energy Program, is committed to integrating renewable energy into its operations. This collaboration supports Luxshare's sustainability strategy and Emeren's expansion in the Chinese commercial and industrial solar market.

Yumin Liu, CEO of Emeren Group, emphasized the project's innovative approach, combining rooftop solar with EV charging infrastructure. The successful implementation demonstrates Emeren's capability to deliver impactful renewable energy solutions and support its partners' sustainability goals.

Emeren Group (NYSE: SOL), a global solar project developer, has announced its Annual General Meeting (AGM) for November 1, 2024, at 10:00 a.m. PST in Pleasanton, CA. Shareholders of record as of September 17, 2024 can vote and participate via webcast. The AGM will address key resolutions including:

1. Appointment of Dr. Ramakrishnan Srinivasan as a director
2. Re-election of Martin Bloom and Yumin Liu
3. Advisory vote on executive compensation
4. Advisory vote on frequency of future compensation votes
5. Ratification of UHY LLP as independent auditors for 2024

These resolutions require a simple majority vote. Shareholders can access AGM documents on Emeren's investor relations website.

Emeren Group (NYSE: SOL), a leading global solar project developer, owner, and operator, has appointed Dr. Ramakrishnan (Ramki) Srinivasan to its Board of Directors, effective immediately. Dr. Srinivasan brings extensive experience in clean energy project development and management consulting to the role. He currently serves as an Executive in Residence at KCK-US, leading strategic initiatives for companies specializing in next-generation grid-scale battery energy storage systems. Additionally, he is the Founder and CEO of Two Deg C , a boutique strategy consulting firm providing guidance to enterprise customers and startups in energy and clean technology.

Himanshu Shah, Chairman of Emeren, expressed enthusiasm for the appointment, highlighting Dr. Srinivasan's deep understanding of the clean energy landscape, particularly in the US and India, and his expertise in storage and large-scale project development. This addition to the board is expected to support Emeren's continued growth in battery storage projects and solar PV.

Emeren Group (NYSE: SOL), a leading global solar project developer, owner, and operator, has announced its participation in the ROTH MKM 11th Annual Solar & Storage Symposium. The event will take place on September 10th – 11th, 2024 at the RE+ Conference in the Anaheim Convention Center, California.

During the symposium, Emeren's management team will be available for one-on-one or small group meetings with institutional investors. Interested parties are encouraged to contact ROTH MKM's sales representatives to schedule a meeting. This participation underscores Emeren's commitment to engaging with investors and showcasing its position in the solar energy sector.

Emeren Group (NYSE: SOL), a global solar project developer, owner, and operator, has released its unaudited financial results for the second quarter of 2024, ending June 30. The company's detailed financial results and management commentary are available in a shareholder letter on Emeren's Investor Relations website. Emeren will host a conference call on August 20, 2024, at 5:00 p.m. U.S. Eastern Time to discuss the results.

Interested parties can register for the conference call in advance using the provided link and are advised to dial in 10 minutes before the scheduled start. An audio-only webcast of the call will also be available, and an archived version will be accessible on Emeren's Investor Relations website for those unable to attend the live discussion.

Emeren Group (NYSE: SOL), a leading global solar project developer, owner, and operator, has announced its plans to release unaudited financial results for the second quarter ended June 30, 2024. The company will report its earnings after the U.S. stock market closes on Tuesday, August 20, 2024. Following the release, Emeren will host a conference call at 5:00 p.m. U.S. Eastern Time on the same day to discuss the financial results.

Investors and interested parties can participate in the earnings call through a webcast or by registering for the conference call in advance. The webcast will be available at https://edge.media-server.com/mmc/p/vtruwnm5, while participants can register for the call at https://register.vevent.com/register/BI3322e571bd1c41aaa3ec696353562074. A live and archived webcast of the conference call will also be accessible on Emeren's Investor Relations website at https://ir.emeren.com/.

Emeren Group (NYSE: SOL), a global solar project developer, has filed its delayed Annual Report on Form 10-K for the fiscal year ended December 31, 2023. This marks the company's first 10-K submission as a domestic issuer, following its transition from foreign issuer status. The filing reveals foreign exchange gains of $5.9 million and a net loss of $3.2 million for the full year 2023. These figures differ from the preliminary unaudited results reported on March 28, 2024, due to differences in unrealized foreign exchange gains. The final numbers align with the company's audited historical treatment of foreign exchange gains/losses. The Form 10-K is available on Emeren's investor relations website.

Emeren Group has announced the sale of a 42 MWp RTB (Ready to Build) solar project portfolio in Spain to CVE España, a French Independent Power Producer (IPP). The portfolio comprises eight Greenfield projects developed by Emeren since 2021, with each project ranging from 5MW to 6MW. One project has already been closed, and the rest will conclude during Q3. Six projects are located in Castilla-y-Leon, one in Comunidad Valenciana, and another in Andalucia, collectively generating 92,792.936 MWh/year, equivalent to the consumption of 28,360 households. This initiative will avoid 20,093.73 tons of CO2 emissions annually. Emeren's CEO, Yumin Liu, emphasized the significance of this achievement in the competitive Spanish PV market and the long-term positive outlook for solar energy in Spain and Europe, while CVE's Managing Partner, Pierre de Froidefond, noted the transaction's potential to triple CVE’s installed capacity in Spain by late 2025.