Emeren Group Ltd (SOL)

NYSE: SOL · IEX Real-Time Price · USD
2.46
-0.05 (-1.99%)
Dec 7, 2023, 4:00 PM EST - Market closed
-1.99%
Market Cap 143.78M
Revenue (ttm) 86.34M
Net Income (ttm) -2.95M
Shares Out 60.27M
EPS (ttm) 0.10
PE Ratio 25.10
Forward PE 6.84
Dividend n/a
Ex-Dividend Date n/a
Volume 497,717
Open 2.51
Previous Close 2.51
Day's Range 2.45 - 2.53
52-Week Range 2.20 - 5.60
Beta 2.07
Analysts Strong Buy
Price Target 5.80 (+135.77%)
Earnings Date Nov 21, 2023

About SOL

Emeren Group Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It owns and operates 3 gigawatt pipeline of projects and independent power producer assets. The company also 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 electricity. It operates in China, United States, UK, ... [Read more]

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

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for SOL stock is "Strong Buy." The 12-month stock price forecast is $5.8, which is an increase of 135.77% from the latest price.

Price Target
$5.8
(135.77% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Emeren Group to Participate in Upcoming Investor Conferences

STAMFORD, Conn. , Nov. 30, 2023 /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 days ago - PRNewsWire

Emeren Announces Third Quarter 2023 Financial Results

STAMFORD, Conn. , Nov. 21, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

16 days ago - PRNewsWire

Emeren Group and Eiffel Investment Group's Joint Venture Signs an Agreement to Sell 29 MWp Solar Portfolio in Spain

STAMFORD, Conn. , Nov. 14, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

23 days ago - PRNewsWire

Emeren Group Sells a 410 MW Battery Energy Storage Portfolio in Italy

STAMFORD, Conn. , Nov. 9, 2023 /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 Third Quarter 2023 Financial Results on Nov 21, 2023

STAMFORD, Conn. , Nov. 3, 2023  /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

4 weeks ago - PRNewsWire

Emeren Group Announces Notice of Annual General Meeting

STAMFORD, Conn. , Oct. 24, 2023 /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 weeks ago - PRNewsWire

Emeren Group Announces Inaugural Solar Energy Storage Project in China

STAMFORD, Conn. , Oct. 10, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

2 months ago - PRNewsWire

Emeren Announces Second Quarter 2023 Financial Results

STAMFORD, Conn. , Aug. 31, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

3 months ago - PRNewsWire

Emeren to Participate in ROTH MKM 10th Annual Solar & Storage Symposium

STAMFORD, Conn. , Aug. 29, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

3 months ago - PRNewsWire

Emeren to Release Second Quarter 2023 Financial Results on Aug 31, 2023

STAMFORD, Conn. , Aug. 3, 2023 /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 Announces Appointment of Grant Thornton LLP (US) as Auditor

STAMFORD, Conn. , Aug. 2, 2023 /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 Announces Sale of First RTB Solar Power Project in Germany

STAMFORD, Conn. , July 31, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, recently annou...

4 months ago - PRNewsWire

Emeren Group Joins the United Nations Global Compact

STAMFORD, Conn. , July 10, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, is pleased to ...

5 months ago - PRNewsWire

Emeren Group Signs an Agreement to Develop Battery Energy Storage Systems in Italy

STAMFORD, Conn. , June 27, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

5 months ago - PRNewsWire

Emeren Group Announces Sale of 29 MW of China Rooftop DG Projects

STAMFORD, CT , June 12, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced t...

6 months ago - PRNewsWire

Emeren to Participate at the Roth London Conference

STAMFORD, Conn. , June 6, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

6 months ago - PRNewsWire

Emeren Announces First Quarter 2023 Financial Results

STAMFORD, Conn. , May 31, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

6 months ago - PRNewsWire

Emeren Group Completed Sale of 58 MW of Solar Projects in Poland

STAMFORD, Conn. , May 30, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

6 months ago - PRNewsWire

Emeren to Release First Quarter 2023 Financial Results on May 31, 2023

STAMFORD, CT , May 19, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced th...

7 months ago - PRNewsWire

Emeren Group to File 2022 Annual Report 20F

STAMFORD, CT , May 16, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced th...

7 months ago - PRNewsWire

Emeren to Participate at the Credit Suisse Renewables and Utilities Conference

STAMFORD, Conn. , April 28, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announc...

7 months ago - PRNewsWire

Emeren Announces Fourth Quarter and Full Year 2022 Financial Results

STAMFORD, Conn. , March 28, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announc...

9 months ago - PRNewsWire

Emeren Issues Statement Regarding Silicon Valley Bank

STAMFORD, Conn. , March 11, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announc...

9 months ago - PRNewsWire

Emeren to Release Fourth Quarter and Full Year 2022 Financial Results on March 28, 2023

STAMFORD, Conn. , March 6, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

9 months ago - PRNewsWire

Emeren to Participate at the 35th Annual Roth Conference

STAMFORD, Conn. , March 1, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

10 months ago - PRNewsWire