SOL

Emeren Group

1.90 USD
-0.05
2.56%
At close Jan 14, 4:00 PM EST
After hours
1.94
+0.04
2.11%
1 day
-2.56%
5 days
-14.41%
1 month
0.00%
3 months
-28.30%
6 months
7.95%
Year to date
-7.77%
1 year
-9.09%
5 years
39.71%
10 years
-69.35%
 

About: Emeren Group Ltd is a renewable energy producer. Its portfolio consists of solar projects and Independent Power Producer (IPP) assets, and it also has global Battery Energy Storage System (BESS) capacity. The group specializes in the solar project lifecycle, development, and from construction to financing. It has three reportable segments; Solar power project development, EPC services, and Electricity generation. The company generates maximum revenue from Poland.

Employees: 197

0
Funds holding %
of 6,815 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,213% more call options, than puts

Call options by funds: $407K | Put options by funds: $31K

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

80% more capital invested

Capital invested by funds: $33.1M [Q2] → $59.6M (+$26.5M) [Q3]

14% more funds holding

Funds holding: 37 [Q2] → 42 (+5) [Q3]

0.45% more ownership

Funds ownership: 3.86% [Q2] → 4.31% (+0.45%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

46% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 13

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$6
216%
upside
Avg. target
$6.50
242%
upside
High target
$7
268%
upside

2 analyst ratings

positive
50%
neutral
0%
negative
50%
BWS Financial
216%upside
$6
Sell
Maintained
16 Dec 2024
HC Wainwright & Co.
Amit Dayal
47% 1-year accuracy
52 / 111 met price target
268%upside
$7
Buy
Reiterated
15 Nov 2024

Financial journalist opinion

Based on 8 articles about SOL published over the past 30 days

Positive
Zacks Investment Research
2 weeks ago
Emeren Inks Power Purchase Agreement for Solar Farm in Poland
SOL has signed a PPA for a 15 MWp solar farm in Poland, expanding its footprint in Europe's growing solar market.
Emeren Inks Power Purchase Agreement for Solar Farm in Poland
Neutral
PRNewsWire
2 weeks ago
Emeren Group Signs 7-Year PPA for 15 MWp Solar Farm in Poland
NORWALK, Conn. , Dec. 30, 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 signing of a 7-year Power Purchase Agreement (PPA).
Emeren Group Signs 7-Year PPA for 15 MWp Solar Farm in Poland
Neutral
Zacks Investment Research
2 weeks ago
Emeren & Arpinge Complete 162 MW Battery Storage Project in Italy
SOL announces that it has closed the second phase of its BESS portfolio under the DSA with Arpinge.
Emeren & Arpinge Complete 162 MW Battery Storage Project in Italy
Neutral
Zacks Investment Research
2 weeks ago
Emeren Divests 2.8 MWdc Solar Project in Maine to Altus Power
SOL announces the sale of a 2.8 MWdc solar project in Maine to Altus Power.
Emeren Divests 2.8 MWdc Solar Project in Maine to Altus Power
Positive
The Motley Fool
2 weeks ago
Should You Forget Bitcoin and Buy Solana Instead?
Bitcoin's (BTC 4.16%) price hit an all-time high of $103,332 on Dec. 4. Four main catalysts drove it to that point: the approvals of its first spot price ETFs in January; its latest halving in April, which cuts its rewards for mining in half every four years; interest rate cuts; and President-elect Trump's crypto-friendly policies.
Should You Forget Bitcoin and Buy Solana Instead?
Neutral
PRNewsWire
3 weeks ago
Emeren and Arpinge Close Final 162 MW of 462 MW Battery Storage Portfolio Under Development Service Agreement in Italy
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.
Emeren and Arpinge Close Final 162 MW of 462 MW Battery Storage Portfolio Under Development Service Agreement in Italy
Positive
The Motley Fool
3 weeks ago
Should You Forget Bitcoin and Buy Solana Instead?
The S&P 500 (^GSPC 1.09%) market index has seen a total return of 25% in 2024. That's a fantastic year for the stock market, but it can't hold a candle to the crypto market.
Should You Forget Bitcoin and Buy Solana Instead?
Neutral
PRNewsWire
3 weeks ago
Emeren Group Sells 2.8 MW Maine Solar Project to Altus Power
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.
Emeren Group Sells 2.8 MW Maine Solar Project to Altus Power
Neutral
PRNewsWire
1 month ago
Emeren Group Releases 2023 Environmental, Social and Governance Report
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.
Emeren Group Releases 2023 Environmental, Social and Governance Report
Neutral
PRNewsWire
1 month ago
Emeren to Participate in Upcoming Investor Conferences
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.
Emeren to Participate in Upcoming Investor Conferences
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