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
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
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).