Emeren Group Ltd (SOL)

NYSE: SOL · Real-Time Price · USD
1.590
-0.030 (-1.85%)
At close: Mar 28, 2025, 4:00 PM
1.597
+0.007 (0.42%)
After-hours: Mar 28, 2025, 8:00 PM EDT
-1.85%
Market Cap 81.60M
Revenue (ttm) 92.07M
Net Income (ttm) -12.48M
Shares Out 51.32M
EPS (ttm) -0.24
PE Ratio n/a
Forward PE 45.43
Dividend n/a
Ex-Dividend Date n/a
Volume 318,771
Open 1.580
Previous Close 1.620
Day's Range 1.580 - 1.615
52-Week Range 1.040 - 3.000
Beta 1.70
Analysts Buy
Price Target 3.50 (+120.13%)
Earnings Date Mar 13, 2025

About SOL

Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3-gigawatt pipeline of projects and independent power producer assets, as well as a 10-gigawatt pipeline of storage pipeline. The company develops community solar gardens; and sells project rights. In addition, it engages in engineering design; procurement of solar modules; balance-of-system components and other components; and construction contracting and management services. Further, the company generates and sells electric... [Read more]

Industry Solar
Sector Technology
IPO Date Jan 29, 2008
Employees 197
Stock Exchange NYSE
Ticker Symbol SOL
Full Company Profile

Financial Performance

In 2024, Emeren Group's revenue was $92.07 million, a decrease of -12.85% compared to the previous year's $105.64 million. Losses were -$12.48 million, 291.6% more than in 2023.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SOL stock is "Buy." The 12-month stock price forecast is $3.5, which is an increase of 120.13% from the latest price.

Price Target
$3.5
(120.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Emeren Group Announces CEO Transition, Formation of a Special Committee and Preliminary Q1 2025 Results

NORWALK, Conn. , March 28, 2025 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading solar project developer, owner, and operator, today announced that ...

1 day ago - PRNewsWire

Emeren Group Ltd (SOL) Q4 2024 Earnings Call Transcript

Emeren Group Ltd (NYSE:SOL) Q4 2024 Earnings Conference Call March 13, 2025 5:00 PM ET Company Participants Gary Dvorchak - MD, The Blueshirt Group Yumin Liu - CEO Ke Chen - CFO Conference Call Parti...

15 days ago - Seeking Alpha

Emeren Announces Fourth Quarter and Full Year 2024 Financial Results

-  Delivered Strong Free Cash Flow in Q4 2024 -  Achieved High-Margin Expansion Driven by IPP and DSA Businesses NORWALK, Conn. , March 13, 2025 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Comp...

15 days ago - PRNewsWire

Emeren Group to Participate at the 37th Annual ROTH Conference

NORWALK, Conn. , Feb. 26, 2025 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

4 weeks ago - PRNewsWire

Emeren to Release Fourth Quarter and Full Year 2024 Financial Results on March 13, 2025

NORWALK, Conn. , Feb. 25, 2025 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

4 weeks ago - PRNewsWire

Emeren Group Announces Sale of 17 MW Solar Portfolio in Poland

NORWALK, Conn. , Jan. 22, 2025 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

2 months ago - PRNewsWire

Emeren Group Sells 65 MWp Solar Project Portfolio in Germany to Trina Solar

NORWALK, Conn. , Jan. 15, 2025 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

2 months ago - PRNewsWire

Emeren Group Signs 7-Year PPA for 15 MWp Solar Farm in Poland

NORWALK, Conn. , Dec. 30, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

3 months ago - PRNewsWire

Emeren and Arpinge Close Final 162 MW of 462 MW Battery Storage Portfolio Under Development Service Agreement in Italy

NORWALK, Conn. , Dec. 23, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

3 months ago - PRNewsWire

Emeren Group Sells 2.8 MW Maine Solar Project to Altus Power

NORWALK, Conn. , Dec. 20, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

Other symbols: AMPS
3 months ago - PRNewsWire

Emeren Group Releases 2023 Environmental, Social and Governance Report

NORWALK, Conn. , Dec. 2, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced ...

4 months ago - PRNewsWire

Emeren to Participate in Upcoming Investor Conferences

NORWALK, Conn. , Nov. 21, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

4 months ago - PRNewsWire

Emeren Group Ltd (SOL) Q3 2024 Earnings Call Transcript

Emeren Group Ltd (NYSE:SOL) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Gary Dvorchak - Managing Director, The Blueshirt Group Yumin Liu - CEO Ke Chen - CFO Con...

4 months ago - Seeking Alpha

Emeren Announces Third Quarter 2024 Financial Results

NORWALK, Conn. , Nov. 14, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

4 months ago - PRNewsWire

Emeren Group: Guidance Appears Out Of Reach, But Potential For A Turning Point

Emeren Group's new business model focuses on solar project development in Europe, with a significant project pipeline and expected profitability improvements in H2 FY24. Despite positive guidance, Eme...

5 months ago - Seeking Alpha

Emeren Group and Arpinge Partner to Develop 300 MW Battery Storage Portfolio in Italy

NORWALK, Conn. , Nov. 5, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced ...

5 months ago - PRNewsWire

Emeren Group Announces Results of Annual General Meeting

NORWALK, Conn. , Nov. 4, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced ...

5 months ago - PRNewsWire

Emeren to Release Third Quarter 2024 Financial Results on November 14, 2024

NORWALK, Conn. , Oct. 24, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

5 months ago - PRNewsWire

Emeren Group (SOL) Stock Dips Amid Solar Sector Volatility

Emeren Group Ltd (SOL, Financial) experienced a significant share price drop of 5.05%, bringing the stock down to $2.73 per share. During this period, the trading volume reached 256,430 shares, with a...

6 months ago - GuruFocus

Emeren Group Sells 57 MWp Solar Project Portfolio to Trina Solar ISBU in France

NORWALK, Conn. , Sept. 30, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

6 months ago - PRNewsWire

Emeren Group and Apple Supplier Luxshare Connect 4.5 MW Solar Plant to Grid, Advancing Clean Energy and Carbon Neutrality

NORWALK, Conn. , Sept. 25, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

6 months ago - PRNewsWire

Emeren Group Announces Notice of Annual General Meeting

NORWALK, Conn. , Sept. 6, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

7 months ago - PRNewsWire

Emeren Appoints Dr. Ramki Srinivasan to Its Board of Directors

STAMFORD, Conn. , Sept. 3, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

7 months ago - PRNewsWire

Emeren to Participate at ROTH MKM 11th Annual Solar & Storage Symposium

STAMFORD, Conn. , Aug. 29, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

7 months ago - PRNewsWire

Emeren Group Ltd (SOL) Q2 2024 Earnings Call Transcript

Emeren Group Ltd (NYSE:SOL) Q2 2024 Earnings Conference Call August 20, 2024 5:00 PM ET Company Participants Gary Dvorchak - Investor Relations, The Blueshirt Group Yumin Liu - Chief Executive Office...

7 months ago - Seeking Alpha