ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States and Europe. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells projects rights. In addition, its engineering, and procurement and construction business include 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. As of December 31, 2020, it operated approximately 100 solar power projects with an aggregate capacity of 173 megawatts. The company has a strategic partnership agreement with Emeren Limited to co-develop ground-mounted solar projects in Italy. ReneSola Ltd was founded in 2005 and is headquartered in Stamford, Connecticut.
IPO Year: 2008
Exchange: NYSE
Website: renesolapower.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/24/2024 | Market Perform → Under Perform | Northland Capital | |
| 11/22/2023 | $6.00 → $3.20 | Outperform → Market Perform | Northland Capital |
| 9/13/2022 | $8.00 | Outperform | Northland Capital |
| 1/5/2022 | $7.70 → $10.00 | Neutral → Buy | ROTH Capital |
| 1/4/2022 | $12.50 | Outperform → Strong Buy | Raymond James |
| 10/5/2021 | $14.50 → $12.50 | Outperform | Raymond James |
| 9/1/2021 | $8.19 → $7.70 | Neutral | Roth Capital |
Northland Capital downgraded Emeren Group from Market Perform to Under Perform
Northland Capital downgraded Emeren Group from Outperform to Market Perform and set a new price target of $3.20 from $6.00 previously
Northland Capital initiated coverage of ReneSola with a rating of Outperform and set a new price target of $8.00
ROTH Capital upgraded ReneSola from Neutral to Buy and set a new price target of $10.00 from $7.70 previously
Raymond James upgraded ReneSola from Outperform to Strong Buy and set a new price target of $12.50
Raymond James reiterated coverage of ReneSola with a rating of Outperform and set a new price target of $12.50 from $14.50 previously
Roth Capital reiterated coverage of ReneSola with a rating of Neutral and set a new price target of $7.70 from $8.20 previously
Roth Capital reiterated coverage of ReneSola with a rating of Neutral and set a new price target of $8.20 from $11.00 previously
HC Wainwright & Co. reiterated coverage of ReneSola with a rating of Buy and set a new price target of $15.00 from $12.00 previously
Raymond James initiated coverage of ReneSola with a rating of Outperform and set a new price target of $14.50
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
4 - Emeren Group Ltd (0001417892) (Issuer)
3 - Emeren Group Ltd (0001417892) (Issuer)
3/A - Emeren Group Ltd (0001417892) (Issuer)
3 - Emeren Group Ltd (0001417892) (Issuer)
3/A - Emeren Group Ltd (0001417892) (Issuer)
3 - Emeren Group Ltd (0001417892) (Issuer)
3 - Emeren Group Ltd (0001417892) (Issuer)
8-K - Emeren Group Ltd (0001417892) (Filer)
10-K/A - Emeren Group Ltd (0001417892) (Filer)
8-K - Emeren Group Ltd (0001417892) (Filer)
10-K/A - Emeren Group Ltd (0001417892) (Filer)
10-K - Emeren Group Ltd (0001417892) (Filer)
8-K - Emeren Group Ltd (0001417892) (Filer)
SCHEDULE 13D/A - Emeren Group Ltd (0001417892) (Subject)
8-K - Emeren Group Ltd (0001417892) (Filer)
10-Q - Emeren Group Ltd (0001417892) (Filer)
8-K - Emeren Group Ltd (0001417892) (Filer)
NORWALK, Conn., April 28, 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 that the special committee (the "Special Committee") of the Company's Board of Directors (the "Board") has retained Kroll, LLC as its independent financial advisor and Morrison & Foerster as its U.S. legal counsel. The Special Committee was formed to evaluate and consider the preliminary non-binding proposal received by the Board on March 17, 2025 (the "Proposal") as well as other potential strategic alternatives that the Company may pursue.
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 Mr. Yumin Liu, Chief Executive Officer, will step down from his role effective April 30, 2025. The company's Board of Directors has appointed Ms. Julia Xu, currently an independent director, as Interim CEO, effective May 1, 2025. Emeren has initiated a formal search for its next Chief Executive Officer and is considering both internal and external candidates. CEO Transition Mr. Liu
- 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 "Company") (www.emeren.com) (NYSE:SOL), a leading global solar project developer, owner, and operator, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024, highlighting key growth catalysts for 2025. Fellow Shareholders, 2024 was a year of resilience, disciplined execution, and strategic growth for Emeren. Despite currency headwind
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 that management will participate in one-on-one or small group meetings with institutional investors at the 37th Annual Roth conference to be held March 16th – 18th in Dana Point, CA. For more information or to request a meeting, please contact a Roth sales representative. To submit a registration request, visit https://ibn.fm/Roth2025Registration. About Emeren Group Ltd Emeren Grou
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 that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2024 after the U.S. stock market close on Thursday, March 13, 2025. The Company will host a conference call to discuss the financial results at 5:00 p.m. U.S. Eastern Time on Thursday, March 13, 2025. What: Emeren Group Ltd Fourth Quarter and Full Year (ended December 31, 202
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 the sale of a 65 MWp solar project portfolio to Trina Solar International System Business Unit ("ISBU"). Trina Solar ISBU ("Trina") is the downstream project development arm of Trina Solar Co., Ltd. (SHA: 688599), specializing in development, engineering, procurement, construction (EPC), operations and maintenance (O&M), and asset management of solar and battery storage utility-scale projects worldwide.
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 the closing of the second round of its Battery Energy Storage System (BESS) portfolio under the Development Service Agreement (DSA) with Arpinge, a permanent capital vehicle focused on sustainable infrastructure in Italy. This round includes two standalone BESS projects located in Sicily, Italy, with a total capacity of 162 MW or approximately 1.4 GWh. With this addition, the portf
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 the sale of its 2.8 MWdc solar project located in Maine to Altus Power, Inc. ("Altus Power") (NYSE:AMPS), the largest commercial scale provider of clean electric power. This transaction underscores Emeren's commitment to advancing clean energy solutions and its active role in supporting renewable energy goals nationwide. The project is the final asset to be sold from Emeren's Maine
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 the release of its 2023 Environmental, Social, and Governance (ESG) Report. The report highlights the company's achievements in advancing sustainability, fostering inclusivity, and maintaining robust governance, underpinned by a systematic and transparent approach aligned with the Global Reporting Initiative (GRI) standards. Highlights in Emeren's 2023 ESG Report include: Sustainabi
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 its participation in the following investor conferences: Janney's 2nd Annual Clean Energy Investment Symposium on December 4-5, 2024, in New Orleans, LA.BofA Securities 2024 Clean Energy Symposium on December 5-6, 2024, in New York, NY. The management team will present at a panel at 3:30 p.m. Eastern Time on December 5.Management will be available for one-on-one and small group mee
NORWALK, Conn., April 28, 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 that the special committee (the "Special Committee") of the Company's Board of Directors (the "Board") has retained Kroll, LLC as its independent financial advisor and Morrison & Foerster as its U.S. legal counsel. The Special Committee was formed to evaluate and consider the preliminary non-binding proposal received by the Board on March 17, 2025 (the "Proposal") as well as other potential strategic alternatives that the Company may pursue.
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 Mr. Yumin Liu, Chief Executive Officer, will step down from his role effective April 30, 2025. The company's Board of Directors has appointed Ms. Julia Xu, currently an independent director, as Interim CEO, effective May 1, 2025. Emeren has initiated a formal search for its next Chief Executive Officer and is considering both internal and external candidates. CEO Transition Mr. Liu
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 the results of its annual general meeting of shareholders held on November 1, 2024. Specifically, the Company's annual general meeting of shareholders approved the following: The appointment of Mr. Ramakrishnan Srinivasan as a director of the Company following his appointment as a director by the Board of Directors in accordance with the Company's articles of association.The re-elec
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 announced the appointment of Dr. Ramakrishnan (Ramki) Srinivasan, an experienced clean energy project developer and management consultant to its Board of Directors, effective immediately. "We are delighted to welcome Ramki to our Board of Directors," said Himanshu Shah, Chairman of the Company. "His deep understanding, long experience and insights of the clean energy landscape especially in
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 the appointment of Grant Thornton LLP (US) ("Grant Thornton") as its independent registered public accounting firm, effective August 1, 2023. Grant Thornton succeeds Marcum Asia ("Former Auditor") and will audit Emeren's consolidated financial statements for the fiscal year ended December 31, 2023. The appointment of Grant Thornton was made after a thorough evaluation process and h
STAMFORD, Conn., Feb. 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 announced that Marcum Asia CPAs LLP ("Marcum Asia") was appointed as Emeren's independent registered public accounting firm for the fiscal year ended December 31, 2022, effective January 23, 2023. Marcum Asia replaces Grant Thornton Zhitong Certified Public Accountants LLP ("Grant Thornton"), the Company's former independent auditor. After careful consideration and evaluation, the Company ap
STAMFORD, Conn., Dec. 9, 2022 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE:SOL), a leading fully-integrated solar project developer, today announced the results of its 2022 annual general meeting of shareholders. Specifically, the Company's annual general meeting of shareholders approved the following: The consolidated financial statements of the Company for the year ended December 31, 2021, together with the reports of the auditors thereon.The re-election of Mr. Martin Bloom as director of the Company, who is retiring by rotat
STAMFORD, Conn., April 21, 2022 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE:SOL), a leading fully integrated solar project developer, today announced that Ke Chen has stepped down as a Director of the Company and that it has appointed Ramnath Iyer, Head of ESG Asia of Invartis Consulting, to its Board of Directors effective April 20, 2022. Ke Chen will remain serving in the capacity of Chief Financial Officer. Mr. Iyer brings extensive capital markets experience from his prior roles as portfolio manager to multiple internatio
STAMFORD, Conn, Dec. 10, 2021 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE:SOL), a leading fully-integrated solar project developer, today announced the results of its 2021 annual general meeting of shareholders. Specifically, the Company's annual general meeting of shareholders approved the following: The consolidated financial statements of the Company for the year ended December 31, 2020, together with the reports of the auditors thereon. The re-election of Ms. Julia Xu and Mr. Sam (Kaiheng) Feng as directors of the Company
- 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 "Company") (www.emeren.com) (NYSE:SOL), a leading global solar project developer, owner, and operator, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024, highlighting key growth catalysts for 2025. Fellow Shareholders, 2024 was a year of resilience, disciplined execution, and strategic growth for Emeren. Despite currency headwind
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 that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2024 after the U.S. stock market close on Thursday, March 13, 2025. The Company will host a conference call to discuss the financial results at 5:00 p.m. U.S. Eastern Time on Thursday, March 13, 2025. What: Emeren Group Ltd Fourth Quarter and Full Year (ended December 31, 202
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 its unaudited financial results for the third quarter ended September 30, 2024. Emeren's third quarter 2024 financial results and management commentary can be found by accessing the Company's shareholder letter on the quarterly results page of the Investor Relations section of Emeren Group Ltd's website at https://ir.emeren.com/. Emeren Group Ltd will host a conference call today t
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 that it will report its unaudited financial results for the third quarter ended September 30, 2024 after the U.S. stock market close on Thursday, November 14, 2024. The Company will hold a conference call to discuss the financial results at 4:30 p.m. U.S. Eastern Time on Thursday, November 14, 2024. What: Emeren Group Ltd Third Quarter (ended September 30, 2024) Earnings Call Wh
STAMFORD, Conn., Aug. 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 its unaudited financial results for the second quarter ended June 30, 2024. Emeren's second quarter 2024 financial results and management commentary can be found by accessing the Company's shareholder letter on the quarterly results page of the Investor Relations section of Emeren Group Ltd's website at https://ir.emeren.com/. Emeren Group Ltd will host a conference call today to
STAMFORD, Conn., Aug. 13, 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 that it will report its unaudited financial results for the second quarter ended June 30, 2024 after the U.S. stock market close on Tuesday, August 20, 2024. The Company will hold a conference call to discuss the financial results at 5:00 p.m. U.S. Eastern Time on Tuesday, August 20, 2024. What: Emeren Group Ltd Second Quarter (ended June 30, 2024) Earnings Call When: 5:00 p
STAMFORD, Conn., May 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 its unaudited financial results for the first quarter ended March 31, 2024. Emeren's first quarter 2024 financial results and management commentary can be found by accessing the Company's shareholder letter on the quarterly results page of the Investor Relations section of Emeren Group Ltd's website at https://ir.emeren.com/. Emeren Group Ltd will host a conference call today to di
STAMFORD, Conn., May 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 that it will report its unaudited financial results for the first quarter ended March 31, 2024 after the U.S. stock market close on Thursday, May 23, 2024. The Company will hold a conference call to discuss the financial results at 5:00 p.m. U.S. Eastern Time on Thursday, May 23, 2024. What: Emeren Group Ltd First Quarter (ended March 31, 2024) Earnings Call When: 5:00 p.m. U.
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 announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Emeren's fourth quarter and full year 2023 financial results and management commentary can be found by accessing the Company's shareholder letter on the quarterly results page of the Investor Relations section of Emeren Group Ltd's website at https://ir.emeren.com/. Emeren Group Ltd will
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 announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023 after the U.S. stock market close on Thursday, March 28, 2024. The Company will host a conference call to discuss the financial results at 5:00 p.m. U.S. Eastern Time on Thursday, March 28, 2024. What: Emeren Group Ltd Fourth Quarter and Full Year (ended December 31
SC 13D/A - Emeren Group Ltd (0001417892) (Subject)
SC 13G/A - Emeren Group Ltd (0001417892) (Subject)
SC 13D/A - Emeren Group Ltd (0001417892) (Subject)
SC 13G/A - Emeren Group Ltd (0001417892) (Subject)
SC 13D/A - Emeren Group Ltd (0001417892) (Subject)
SC 13D/A - ReneSola Ltd (0001417892) (Subject)
SC 13D - ReneSola Ltd (0001417892) (Subject)
SC 13D/A - ReneSola Ltd (0001417892) (Subject)
SC 13D/A - ReneSola Ltd (0001417892) (Subject)
SC 13G/A - ReneSola Ltd (0001417892) (Subject)