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Emeren’s Q1 Revenue Surges 271% YoY on High Income from IPP and EPC Businesses

The company has 258 MW of IPP assets across Europe, the United States, and China

June 5, 2023

/ Gourav Mishra
/ Finance and M&A, Solar
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Utility-scale solar and battery storage projects developer Emeren Group’s revenue grew by 271% year-over-year (YoY) to $13 million in the first quarter (Q1) of the financial year (FY) 2023 with significant contribution from the company’s IPP (independent power producer) and engineering, procurement, and construction businesses.

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Gourav Mishra

More articles from Gourav Mishra.
Battery storageEmerenRenesola powerRevenueutility-scale solar
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