Craft

Emeren Group

Stock Price

$2.4

2024-10-29

Market Capitalization

$123.5 M

2024-10-29

Revenue

$105.6 M

FY, 2023

Emeren Group Summary

Company Summary

Overview
Emeren Group (formerly known as ReneSola) is a company that provides solar power project development, construction management, and project financing services. It develops, builds, operates, and sells independent power producer (IPP) assets and solar gardens. The company serves government entities, municipalities, schools, hospitals, and residential customers.
Type
Public
Status
Active
Founded
2005
HQ
Stamford, CT, US | view all locations
Website
https://emeren.com
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Yumin Liu

    Yumin Liu, Chief Executive Officer & Director

  • Ke Chen

    Ke Chen, Chief Financial Officer

  • Ramnath N. Iyer

    Ramnath N. Iyer, Independent Director

    • Himanshu H. Shah

      Himanshu H. Shah, Chairman

      Operating MetricsView all

      Solar Power Projects in Pipeline (Late Stage, Spain), MW

      201
      29.7%

      FY, 2022

      Solar Power Projects Completed, MW

      880
      6.3%

      FY, 2021

      Solar Power Projects Operated (China), MW

      168
      7.7%

      FY, 2022

      LocationsView all

      12 locations detected

      • Stamford, CT HQ

        United States

        100 First Stamford Place, Suite 302

      • Pleasanton, CA

        United States

        5000 Hopyard Rd STE 302

      • Wien, Wien

        Austria

        Lothringerstraße 16/11

      • Shanghai, Shang Hai Shi

        China

        Room H-I, Floor 9, Huamin Hanzun International Building,No. 728 Yan'an West Road

      • Lyon, Auvergne-Rhône-Alpes

        France

        Wojo – Grand Hotel Dieu, 4 place Amédée Bonnet

      • Berlin, BE

        Germany

        Rosenstraße 2

      and 6 others

      Emeren Group Financials

      Summary Financials

      Revenue (Q3, 2024)
      $12.9M
      Gross profit (Q3, 2024)
      $5.6M
      Net income (Q3, 2024)
      $5.7M
      Cash (Q3, 2024)
      $35.8M
      EBIT (Q3, 2024)
      $2.1M
      Enterprise value
      $136.2M

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