SUNYA Energy

Emeren Group Announces Sale of 17 MW Solar Portfolio in Poland

January 22, 2025
SUNYA Summary
- Emeren Group Ltd announced the sale of a 17 MW operational solar portfolio in Poland. - The portfolio includes a previously announced 15 MW under a Power Purchase Agreement and an additional 2 MW. - The project supports Poland's climate goals and energy transition by integrating renewable energy into the grid. - It contributes to local economic growth by creating construction and long-term jobs. - The initiative generates annual tax revenues for infrastructure and community development. - CEO Yumin Liu stated that the sale highlights Emeren's commitment to renewable energy initiatives and stakeholder value. - Emeren aims to deliver clean energy solutions that address environmental goals while promoting community growth and resilience. - Emeren Group Ltd is a renewable energy leader with a comprehensive portfolio of solar projects and battery energy storage systems. - The company specializes in the entire solar project lifecycle, from development to financing, leveraging local talent to enhance efficiency. - The commitment to solar power and energy storage underscores Emeren's dedication to innovation and environmental responsibility.
PRESS RELEASE
Emeren Group Announces Sale of 17 MW Solar Portfolio in Poland:

NORWALK, Conn., Jan. 22, 2025 /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 a 17 MW operational solar portfolio in Poland, composed of a previously announced 15 MW under a Power Purchase Agreement (PPA) and an additional 2 MW, all developed and constructed by Emeren and sold together as a package deal. It supports Poland's climate goals and energy transition by integrating renewable energy into the grid. The project contributes to local economic growth by creating construction and long-term jobs while generating annual tax revenues to support infrastructure and community development.

Yumin Liu, CEO of Emeren Group, stated, "The successful development, construction, and sale of this 17 MW solar portfolio highlight our commitment to advancing impactful renewable energy initiatives and delivering meaningful value to our stakeholders. This achievement reinforces Emeren's position as a trusted leader in key markets like Poland, where we actively support both local energy transitions and global sustainability objectives. By collaborating with committed partners, we aim to deliver clean energy solutions that not only address environmental goals but also contribute to long-term community growth and resilience."

About Emeren Group Ltd

Emeren Group Ltd (NYSE: SOL), a renewable energy leader, showcases a comprehensive portfolio of solar projects and Independent Power Producer (IPP) assets, complemented by a significant global Battery Energy Storage System (BESS) capacity. Specializing in the entire solar project lifecycle — from development through construction to financing — we excel by leveraging local talent in each market, ensuring our sustainable energy solutions are at the forefront of efficiency and impact. Our commitment to enhancing solar power and energy storage underlines our dedication to innovation, excellence, and environmental responsibility. For more information, go to www.emeren.com.

For investor and media inquiries, please contact:

Emeren Group Ltd - Investor Relations
+1 (925) 425-7335
[email protected] 

The Blueshirt Group 
Gary Dvorchak+1 (323) 240-5796

[email protected]

SOURCE Emeren Group Ltd