SOL sells a 65 MWp solar portfolio to Trina Solar in Germany, thereby expanding its footprint in the growing solar market of Europe.
SOL has signed a PPA for a 15 MWp solar farm in Poland, expanding its footprint in Europe's growing solar market.
SOL announces that it has closed the second phase of its BESS portfolio under the DSA with Arpinge.
SOL's third-quarter earnings align with the Zacks Consensus Estimate. However, the quarterly revenues miss the consensus estimate by 51%.
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 Conference Call Participants Philip Shen - Roth Capital Partners Operator Hello, ladies and gentlemen. Welcome and thank you for standing by, for Emeren Group Limited Third Quarter 2024 Earnings Conference Call.
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, Emeren reported a revenue decline and net loss in H1 FY24, raising doubts about achieving FY24 targets. The company has a high cash burn rate, with net cash dropping significantly, and may face increased debt or shareholder dilution without improved operating results.
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 turnover rate of 0.50% and a price volatility of 9.23%.
SOL sells a 57 MWp solar portfolio to Trina Solar (France) Systems, expanding its footprint in the growing solar market of Europe.
Solana is currently making a run at Ethereum. Bitcoin could be next.
Now that Bitcoin and Ethereum have spot ETFs, Solana could be next in line to get one. Based on overall market demand, Solana appears to have a clear edge over other top cryptocurrencies.
Emeren Group's (SOL) second-quarter earnings lag estimates, while revenues beat. The company's 2024 earnings outlook remains unchanged.
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 Officer Ke Chen - Chief Financial Officer Conference Call Participants Graham Price - Raymond James Philip Shen - Roth Capital Partners Amit Dayal - H.C. Wainwright Donovan Schafer - Northland Capital Markets Operator Hello, ladies and gentlemen.