Emeren Group Ltd
emeren.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2025 10-Q, filed Nov 14, 2025. Its latest SEC filing is a 4 from Mar 18, 2026.
10-Q for Q3 FY2025, filed Nov 14, 2025
The sections below describe the company as of the FY2024 annual report.
What Did They Do?
Develops and sells solar and energy-storage projects, provides development and construction services, and operates solar plants that supply electricity to utilities and businesses.
10-K for FY2024, filed Mar 25, 2025Emeren is a global solar and energy storage project developer, owner and operator with a pipeline of projects and IPP assets of more than 7…View ↗
The Company develops and sells solar and storage power projects or project SPVs (project development business); provides engineering…View ↗
Engineering, procurement and construction (EPC) business, we provide comprehensive EPC services for renewable energy projects and…View ↗
The solar power projects for our IPP business are primarily located in China. In China, we can sell the generated electricity in gross…View ↗
How Did They Make Money?
Buyers generally pay in stages for developed solar and storage projects; construction and development-service work is billed as work progresses. Power buyers pay for electricity supplied, with payment schedules that may be monthly, every two months, quarterly or every six months.
10-K for FY2024, filed Mar 25, 2025Purchasers of our developed solar power projects normally pay the purchase price in stages. Substantially all of these purchasers may…View ↗
The Company bills the customer based on progress billing terms in the contract. Accounts receivable from EPC services (unbilled) represents…View ↗
The Company provides one distinct performance obligation which is the relevant development activities under the DSA contracts. DSA revenue…View ↗
In our IPP business, power purchasers may pay us monthly, bi-monthly, quarterly or half-yearly based on the terms in the Energy Management…View ↗
$92.1M
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10-K for FY2024, filed Mar 24, 2025
$92.1M ↗
Who Were Their Customers?
Utilities, other power producers and investment funds buy developed projects from Emeren. The company sells electricity to grid companies and business and public-sector users; community solar projects serve businesses, public bodies and households.
10-K for FY2024, filed Mar 25, 2025
10-K for FY2024, filed Mar 25, 2025
For the years ended December 31, 2024 and 2023, revenue from this solar power customer accounted for 4.6% ($4.2 million) and 12% ($12.4…View ↗
Did Revenues Turn Into Profits?
No. It lost $12.5M in FY2024.
How Were They Changing?
- Net income
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Sources
10-Q for Q3 FY2025, filed Nov 14, 2025
−$335KView ↗
- ▼ Now a loss
- vs $4.8M in Q3 FY2024
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Dec 15, 2025
Merger closed; Emeren became a subsidiary and trading stopped
Shareholders ceased to have rights other than to receive the merger consideration.
Sources
8-K, filed Dec 15, 2025
In connection with the consummation of the Merger, the Company notified The New York Stock Exchange (the “NYSE”) on December 12, 2025 that…View ↗
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Apr 3, 2025
CEO left and Julia Xu became interim CEO
Sources
8-K, filed Apr 3, 2025
On March 28, 2025, Emeren Group Ltd. (the "Company") announced that Mr. Yumin Liu, Chief Executive Officer (“CEO”), will step down from his…View ↗
Grew. Revenue grew 25% in 4 years, from $73.5M in FY2020 to $92.1M in FY2024, about 6% a year.
Storage added to project development
The older report described plans to expand the solar pipeline and enter solar-plus-storage; the latest describes storage project development and operating battery-storage assets alongside solar.
20-F for FY2021, filed Apr 29, 2022 10-K for FY2024, filed Mar 25, 2025During 2020, we raised $45 million from the public market. The capital was and will be used to expand our solar project pipeline and…View ↗
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