Emeren Group Swings to $4.8 Million Profit in Q4 on European Projects

The recent acquisition of a UK-based solar farm also added to a surge in revenue

March 30, 2023

/ Gourav Mishra
/ Finance and M&A, Solar
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Utility-scale solar and battery storage projects developer Emeren Group (formerly Renesola Power) posted a net profit of $4.8 million for the fourth quarter (Q4) of the financial year (FY) 2022 against the net loss of $1.6 million year-over-year (YoY).

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Gourav Mishra

More articles from Gourav Mishra.
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