Emeren Group Stock Price, News & Analysis

Emeren (NYSE: SOL) cancelled its previously scheduled Extraordinary General Meeting (EGM) set for October 21, 2025. The EGM was to consider the Merger Proposal under the Agreement and Plan of Merger dated June 18, 2025 among Emeren, Shurya Vitra, and Emeren Holdings.

The company said it will announce a New EGM date after it finalizes and files the definitive Schedule 14A proxy statement and the definitive Schedule 13E-3 transaction statement. The cancellation reflects the time needed to address the U.S. SEC review and make further amendments to those filings. Emeren will provide notice of the New EGM and the record date in accordance with applicable laws.

Emeren Group (NYSE:SOL), a global solar and storage project developer, has announced an Extraordinary General Meeting (EGM) scheduled for October 21, 2025, at 10:00 a.m. EST in Raleigh, NC. The meeting's primary purpose is to vote on the proposed merger agreement with Shurya Vitra Ltd, which would result in Emeren becoming a wholly-owned subsidiary.

Shareholders of record as of September 15, 2025, will vote on three key resolutions: approval of the merger agreement, a non-binding advisory vote on merger-related executive compensation, and potential meeting adjournment if needed. The meeting will offer live audio webcast participation, though voting is limited to in-person or proxy attendance.

Emeren Group (NYSE:SOL), a leading global solar project developer, owner, and operator, has announced a significant leadership change in its North American operations. The company has appointed Mr. M. Jahangir Alam as the new Executive Vice President - North America, following the departure of Mr. Cameron "Mac" Moore. The transition is effective immediately.

Emeren Group Ltd (NYSE: SOL), a global solar project developer, has announced a definitive merger agreement to go private through a transaction with Shurya Vitra Ltd. Shareholders will receive $0.20 per ordinary share or $2.00 per ADS (representing ten shares). The merger is expected to close in Q3 2025, subject to shareholder approval and customary closing conditions. Upon completion, Emeren will become a private company and delist from the NYSE. Himanshu H. Shah has committed to provide equity funding for the merger consideration. The company's board, following recommendation from a Special Committee of independent directors, has approved the merger agreement. Kroll, LLC is serving as financial advisor, with Morrison & Foerster LLP and Harney Westwood & Riegels as legal counsel to the Special Committee.

Emeren Group, a global solar project developer listed on the NYSE (SOL), has announced key appointments to its Special Committee. The committee has retained Kroll, LLC as independent financial advisor and Morrison & Foerster as U.S. legal counsel.

The Special Committee was established to evaluate a preliminary non-binding proposal received on March 17, 2025, along with other potential strategic alternatives. The Board has issued a cautionary statement to shareholders, emphasizing that no decisions have been made regarding the proposal or any alternative strategic options.

The company explicitly states there is no guarantee of receiving a definitive offer or executing any agreement related to the proposed transaction. Emeren will only provide updates as required by applicable law.

Emeren Group (NYSE: SOL) announced significant leadership changes and preliminary Q1 2025 results. CEO Yumin Liu will step down effective April 30, 2025, with board member Julia Xu appointed as Interim CEO starting May 1. The company has initiated a search for a permanent CEO, considering both internal and external candidates.

The company also formed a special committee of three independent directors to evaluate a going private proposal received on March 17, 2025.

Preliminary Q1 2025 results include:

• Revenue of approximately $8.4m
• Gross margin of approximately 32%
• Non-GAAP operating loss of about $4 million

Final Q1 2025 results are expected to be reported around mid-May.

Emeren Group (NYSE: SOL) reported Q4 and full year 2024 financial results, highlighting resilient performance despite challenges. The company generated $92.1 million in revenue for FY2024, down 13% Y/Y, with a 26.2% gross margin. Q4 revenue was $34.6 million with $4.8 million gross profit.

Key achievements include $10.5 million Q4 operating cash flow and $6.9 million adjusted EBITDA for 2024. The company's IPP and DSA segments showed strong performance, with secured DSA contracts totaling over 2.8 GW and expected to generate $84 million in contracted revenue.

Notable transactions include the sale of a 17 MW solar portfolio in Poland, 462 MW BESS DSA in Italy, and 65 MW solar projects in Germany. The company ended Q4 with $50.0 million in cash, up 40% sequentially. For 2025, Emeren projects revenue of $80-100 million with 30-33% gross margin.

Emeren Group (NYSE: SOL), a leading global solar project developer, owner, and operator, has announced its participation in the upcoming 37th Annual ROTH Conference. The event will take place from March 16th to 18th in Dana Point, CA.

The company's management team will be available for one-on-one and small group meetings with institutional investors during the conference. Interested parties can arrange meetings through ROTH sales representatives or submit registration requests through the provided conference registration link.

Emeren Group (NYSE: SOL), a leading global solar project developer, owner, and operator, has announced it will release its unaudited financial results for the fourth quarter and full year ended December 31, 2024, after the U.S. stock market close on Thursday, March 13, 2025.

The company will host a conference call to discuss these financial results at 5:00 p.m. U.S. Eastern Time on the same day. Interested participants can register in advance for the conference call and should dial in 10 minutes before the scheduled start time.

Access to the call will be provided upon registration, and both a live and archived webcast of the conference call will be available on the Investor Relations section of Emeren's website at https://ir.emeren.com/.