SOL Profile
Emeren Group Ltd, headquartered in Stamford, Connecticut, specializes in the development, construction, operation, and sale of solar power projects across Europe, North America, and Asia. With a substantial portfolio encompassing approximately 3 gigawatts (GW) in various stages of development and operation, the company is a significant player in the global renewable energy sector. Emeren Group Ltd, formerly known as ReneSola Ltd until January 2023, has positioned itself as a key player in the transition towards sustainable energy solutions.
In addition to its core focus on utility-scale solar installations, Emeren Group Ltd is actively involved in community solar garden initiatives, catering to localized energy needs and fostering renewable energy adoption within communities. The company leverages its expertise not only in project development but also in the sale of project rights, enhancing its strategic flexibility and market presence. Furthermore, its engineering, procurement, and construction (EPC) business unit plays a crucial role, offering comprehensive services that include engineering design, procurement of solar modules, balance-of-system components, and construction management.
Emeren Group Ltd operates as an independent power producer (IPP), generating and selling electricity generated from its portfolio of solar assets. This business model underscores its commitment to sustainability and profitability, aligning environmental stewardship with economic viability. The company's robust presence in key global markets underscores its strategic vision and operational capability in advancing renewable energy solutions worldwide.
Founded in 2005, Emeren Group Ltd has steadily expanded its footprint and capabilities, reflecting its dedication to innovation and sustainable development practices in the renewable energy sector. With a forward-looking approach and a diversified portfolio of projects and services, the company continues to play a pivotal role in shaping the future of clean energy generation on a global scale.
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