Emeren Group Stock Price, News & Analysis

ReneSola Ltd (NYSE: SOL) announced a strategic partnership with Emeren to co-develop ground-mounted solar projects in Italy, targeting 110 MW of shovel-ready projects by 2022. This collaboration aims to enhance their presence in the Italian solar market and expand project development efforts across Europe. Leaders from both companies expressed optimism about the agreement, highlighting their commitment to high-quality solar projects and the positive impact on renewable energy in the region.

On July 23, 2021, ReneSola Ltd (NYSE: SOL) announced board changes, with Mr. Wade Li resigning to pursue other interests after serving since October 2019. Ms. Maggie Ma has been appointed to the Board, effective immediately. Ma has extensive experience, including past roles as CFO and VP of financial control at ReneSola, which will enhance the company’s leadership. CEO Yumin Liu expressed enthusiasm over Ma's return, highlighting her expertise in solar and financial operations as key to advancing the company's growth in project development, particularly in the U.S. and Europe.

ReneSola Ltd (NYSE: SOL) has successfully closed the sale of a 38 MW solar project portfolio in Poland to Obton, a prominent Danish solar investment firm. The portfolio includes 38 utility projects, each with a capacity of 1 MW, secured during Poland's solar auction in December 2020. These projects are eligible for a guaranteed 15-year tariff under the country's Contract for Difference regime and are expected to be grid-connected within a year. ReneSola will handle EPC management and financing until the projects reach commercial operation.

ReneSola Ltd (NYSE: SOL) announced the award of 30 solar utility projects in Poland, consisting of 29 projects with 1 MW capacity each and one larger-scale project of 4 MW. The projects are part of Poland's Contract for Difference (CFD) regime, ensuring a 15-year guaranteed tariff. The average winning bid was approximately USD 58/MWh for the 4 MW project and USD 61/MWh for the 1 MW projects, with grid connection expected within two years. CEO Yumin Liu emphasized Poland's importance to the company's growth and project expansion in Europe.

ReneSola Power (NYSE: SOL) announced its participation in two upcoming virtual investor conferences. The Roth Capital Virtual London Conference will be held on June 21-22, 2021, followed by the Sidoti Virtual Investor Conference on June 23-24, 2021, with a fireside chat scheduled for 1:45 PM EDT. Management will be available for one-on-one meetings with institutional investors at these events. ReneSola Power is a leading global solar project developer, focusing on high-margin project development in rapidly growing solar markets across the U.S. and Europe.

ReneSola Power (NYSE: SOL) reported a first quarter revenue of $22.8 million, marking a significant 39% increase from the previous quarter. This achievement marks the company's fourth consecutive quarter of profitability. The increase in revenue reflects the company's strategic focus on high-margin solar project development across growing markets in the U.S. and Europe. A conference call is scheduled for May 25, 2021 at 4:30 p.m. ET to discuss these results and future prospects.

ReneSola Ltd (NYSE: SOL) will release its unaudited financial results for Q1 2021 on May 25, 2021, following the U.S. stock market close. A conference call is scheduled for 4:30 p.m. ET on the same day to discuss these results. The company, recognized for its integrated solar project development, operates in over 10 countries, concentrating on high-margin opportunities in the U.S. and Europe. Key markets include Poland, Hungary, Minnesota, and New York, benefiting from favorable government policies.

ReneSola Ltd (NYSE: SOL), a top solar project developer, will present at the Credit Suisse Renewables and Utilities Virtual Conference on May 13, 2021, at 1:20 p.m. Eastern Time. The management team will also hold one-on-one meetings with institutional investors during the event. ReneSola Power focuses on solar project development, construction management, and project financing, with operations in over 10 countries, primarily in the U.S. and Europe. The company aims to capitalize on high-margin opportunities in rapidly growing solar markets, including Poland, Hungary, Minnesota, and New York.