Emeren Group Ltd (SOL)

NYSE: SOL · IEX Real-Time Price · USD
1.800
-0.040 (-2.17%)
Apr 25, 2024, 1:21 PM EDT - Market open
-2.17%
Market Cap 108.19M
Revenue (ttm) 86.34M
Net Income (ttm) -2.95M
Shares Out 60.27M
EPS (ttm) 0.10
PE Ratio 17.92
Forward PE 4.47
Dividend n/a
Ex-Dividend Date n/a
Volume 276,963
Open 1.820
Previous Close 1.840
Day's Range 1.770 - 1.880
52-Week Range 1.540 - 4.280
Beta 1.80
Analysts Strong Buy
Price Target 5.80 (+222.22%)
Earnings Date May 29, 2024

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 222.22% from the latest price.

Price Target
$5.8
(222.22% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Emeren Group and Nuveen Infrastructure Finalize 354 MWp Battery Storage Portfolio in Italy with 2.83 GWh Capacity

STAMFORD, Conn. , April 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 announc...

2 days ago - PRNewsWire

Emeren Group Announces Receipt of Notice of Late Filing from NYSE

STAMFORD, Conn. , April 19, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announc...

6 days ago - PRNewsWire

Emeren Announces Fourth Quarter and Full Year 2023 Financial Results

STAMFORD, Conn. , March 28, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announc...

27 days ago - PRNewsWire

Emeren to Release Fourth Quarter and Full Year 2023 Financial Results on March 28, 2024

STAMFORD, Conn. , March 18, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announc...

5 weeks ago - PRNewsWire

Emeren Group and Glennmont to Develop 155 MW of Battery Storage Projects in Italy

STAMFORD, Conn. , March 15, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announc...

5 weeks ago - PRNewsWire

Emeren Group to Participate at the 36th Annual ROTH Conference

STAMFORD, Conn. , March 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 announc...

6 weeks ago - PRNewsWire

Emeren Group's Board of Directors Approves an Accelerated Stock Repurchase Program up to $10 million

STAMFORD, Conn. , Feb. 12, 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...

2 months ago - PRNewsWire

Emeren Group Announces Preliminary 2023 Financials and 2024 Outlook

STAMFORD, Conn. , Jan. 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 provided...

3 months ago - PRNewsWire

Emeren Group Successfully Acquired 10.76 MWh Energy Storage Portfolio in China, Entering Virtual Power Plant Market

STAMFORD, Conn. , Jan. 9, 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 Releases 2022 Environmental, Social and Governance Report

STAMFORD, Conn. , Jan. 3, 2024 /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 a...

4 months ago - PRNewsWire

Emeren Group Reaches 1GW of Battery Energy Storage Portfolio in Italy

STAMFORD, Conn. , Dec. 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...

4 months ago - PRNewsWire

Emeren Group Purchases an 86 MWp Solar Portfolio in Spain

STAMFORD, Conn. , Dec. 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 announce...

4 months ago - PRNewsWire

Emeren Group Sells a 53.6 MWp Solar Portfolio in Hungary

STAMFORD, Conn. , Dec. 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...

4 months ago - PRNewsWire

Emeren Group Announces Results of Annual General Meeting

STAMFORD, Conn. , Dec. 13, 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 months ago - PRNewsWire

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...

5 months 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...

5 months 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...

5 months 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...

6 months 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...

6 months 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 months 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...

7 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...

8 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...

8 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...

9 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...

9 months ago - PRNewsWire