Emeren Group Announces Notice of Extraordinary General Meeting

Rhea-AI Summary

Emeren Group (NYSE: SOL) announced an Extraordinary General Meeting (EGM) to be held on December 9, 2025 at 10:00 a.m. ET in Raleigh, NC, with a record date of October 23, 2025. Shareholders may participate via live audio webcast but may not vote through the webcast. The EGM will seek shareholder approval by simple majority to file an Agreement and Plan of Merger (dated June 18, 2025, amended Sept 2, 2025) to merge Emeren with Merger Sub, making the company a wholly owned subsidiary of Shurya Vitra.

Additional agenda items include a non-binding advisory vote on executive compensation related to the Merger and a potential adjournment resolution to solicit additional proxies. Meeting materials will be available online.

Positive

• Proposed Merger would make Emeren a wholly owned subsidiary
• Merger Agreement dated June 18, 2025, amended Sept 2, 2025
• EGM set for Dec 9, 2025 with record date Oct 23, 2025

Negative

• Shareholders attending via webcast cannot vote
• Approval requires a simple majority of votes cast
• Adjourning EGM may be needed if insufficient proxies are received

Insights

Corporate M&A Analyst

Emeren schedules an EGM to approve a June 18, 2025 merger agreement amended Sept 2, 2025; shareholders vote on Dec 9, 2025.

The company proposes a statutory merger that would make Emeren a wholly owned subsidiary of Shurya Vitra Ltd. The resolution seeks shareholder approval to file the articles and plan of merger required to effect the transaction, and a separate non-binding advisory vote covers executive compensation tied to the Merger.

Approval depends on votes cast at the EGM and proxies recorded by the October 23, 2025 record date; the meeting is set for December 9, 2025. Material dependencies include simple majority support from voting shareholders and any proxy solicitation or adjournment indicated at the EGM.

Key items to watch are the proxy return rate, any supplemental proxy materials posted at the provided URL, the final vote outcome on the Merger Agreement dated June 18, 2025 as amended September 2, 2025, and the advisory vote on compensation. Expect clarity on control and governance immediately after the vote on December 9, 2025.

NORWALK, Conn., Oct. 13, 2025 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar and storage project developer, owner, and operator, today announced that its extraordinary general meeting (the "EGM") will be held at 2301 Sugar Bush Road, Suite 510, Raleigh, NC 27612, U.S. at 10:00 a.m. Eastern Standard Time on December 9, 2025. The record date for determination of shareholders entitled to vote at the meeting is October 23, 2025.

Shareholders will also be able to participate (but not vote) via live audio webcast in the EGM. To attend, please click the link below to access the webcast meeting:

Webcast Link: https://teams.microsoft.com/l/meetup-join/19%3ameeting_OTBlZmYyZjUtNTc2Ni00NjYyLTk2Y2UtMzQ1NGRjZmEzNjdk%40thread.v2/0?context=%7b%22Tid%22%3a%22fe651217-67a6-4b20-b542-c91719989449%22%2c%22Oid%22%3a%2205e5f7b1-07e0-4efc-94dd-77030500bb0d%22%7d
Meeting ID: 247 667 731 688 0
Passcode: qb9Vt3jM

Copies of the notice of the EGM, proxy form, poll card and annual report will be available on Emeren's website at https://www.emeren.com/2025-egm-summary .   

EGM Resolutions

The following resolutions to be proposed at the EGM will require a simple majority of the votes cast by the shareholders present in person or by proxy:

1. To approve the filing of the Agreement and Plan of Merger dated June 18, 2025, as amended by an amendment agreement dated September 2, 2025 (the "Merger Agreement"), by and among Shurya Vitra Ltd. ("Parent"), Emeren Holdings Ltd. ("Merger Sub") and the Company, the articles of merger and the plan of merger with the Registrar of Corporate Affairs of the British Virgin Islands in order to give effect to the merger of Merger Sub with and into the Company (the "Merger"), with the Company continuing as the surviving company as a wholly owned subsidiary of Parent, and to approve any and all transactions contemplated by the Merger Agreement.
2. To vote on a non-binding advisory basis to approve the compensation that may be paid or become payable to our named executive officers that is based on or otherwise relates to the Merger.
3. To vote on, if necessary or appropriate, the adjournment of the EGM, in order to allow the Company to solicit additional proxies in the event that there are insufficient proxies received at the time of the EGM to pass the foregoing resolutions.

About Emeren Group Ltd

Emeren Group Ltd (NYSE: SOL), a renewable energy leader, showcases a comprehensive portfolio of solar and storage projects and Independent Power Producer (IPP) assets, complemented by a significant global Battery Energy Storage System (BESS) capacity. Specializing in the entire solar project lifecycle — from development through construction to financing — we excel by leveraging local talent in each market, ensuring our sustainable energy solutions are at the forefront of efficiency and impact. Our commitment to enhancing solar power and energy storage underlines our dedication to innovation, excellence, and environmental responsibility. For more information, go to  www.emeren.com .

For investor and media inquiries, please contact:

Emeren Group Ltd - Investor Relations
ir@emeren.com  

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SOURCE Emeren Group Ltd

FAQ

When is Emeren's EGM for the proposed merger (NYSE: SOL)?

The EGM is scheduled for December 9, 2025 at 10:00 a.m. ET.

What is the record date to vote at Emeren's EGM (SOL)?

The record date for shareholders entitled to vote is October 23, 2025.

What merger will be voted on at Emeren's EGM (SOL)?

Shareholders will vote to file the Agreement and Plan of Merger dated June 18, 2025, as amended Sept 2, 2025.

How much shareholder support is needed to approve the merger for SOL?

Approval requires a simple majority of votes cast by shareholders present or by proxy.

Can shareholders vote via Emeren's EGM webcast for SOL?

No; shareholders can participate via the live audio webcast but cannot vote through the webcast.

Will Emeren seek a vote on executive compensation tied to the Merger (SOL)?

Yes; there will be a non-binding advisory vote on compensation related to the Merger.

Where can investors find Emeren's EGM notice, proxy form, and annual report?

Meeting materials will be available at https://www.emeren.com/2025-egm-summary.