Emeren Group (SOL) Revenue & Revenue Breakdown

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Emeren Group Revenue Highlights

Latest Revenue (Y)

$92.07M

Latest Revenue (Q)

$12.86M

Main Segment (Y)

Electricity

Main Geography (Y)

ITALY

Emeren Group Revenue by Period

Emeren Group Revenue by Year

Date	Revenue	Change
2024-12-31	$92.07M	-12.85%
2023-12-31	$105.64M	29.76%
2022-12-31	$81.41M	2.20%
2021-12-31	$79.66M	7.77%
2020-12-31	$73.92M	-37.95%
2019-12-31	$119.12M	22.92%
2018-12-31	$96.91M	-5.89%
2017-12-31	$102.97M	-88.93%
2016-12-31	$929.84M	-27.47%
2015-12-31	$1.28B	-17.90%
2014-12-31	$1.56B	2.75%
2013-12-31	$1.52B	56.80%
2012-12-31	$969.13M	-1.64%
2011-12-31	$985.28M	-18.27%
2010-12-31	$1.21B	136.20%
2009-12-31	$510.40M	-23.86%
2008-12-31	$670.37M	169.25%
2007-12-31	$248.97M	195.09%
2006-12-31	$84.37M	1558.24%
2005-12-31	$5.09M	100.00%
2004-12-31	-	-

Emeren Group generated $92.07M in revenue during NA 2024, up -12.85% compared to the previous quarter, and up 77.29% compared to the same period a year ago.

Emeren Group Revenue by Quarter

Date	Revenue	Change
2024-09-30	$12.86M	-57.21%
2024-06-30	$30.06M	103.27%
2024-03-31	$14.79M	-66.39%
2023-12-31	$44.00M	215.46%
2023-09-30	$13.95M	-58.79%
2023-06-30	$33.85M	162.86%
2023-03-31	$12.88M	-68.44%
2022-12-31	$40.80M	41.24%
2022-09-30	$28.89M	252.06%
2022-06-30	$8.21M	133.52%
2022-03-31	$3.51M	-84.60%
2021-12-31	$22.82M	46.82%
2021-09-30	$15.54M	-16.14%
2021-06-30	$18.53M	-18.63%
2021-03-31	$22.77M	35.45%
2020-12-31	$16.81M	72.47%
2020-09-30	$9.75M	-62.78%
2020-06-30	$26.19M	23.76%
2020-03-31	$21.16M	-20.23%
2019-12-31	$26.53M	-59.78%
2019-09-30	$65.96M	386.20%
2019-06-30	$13.57M	3.90%
2019-03-31	$13.06M	134.27%
2018-12-31	$5.57M	-70.30%
2018-09-30	$18.77M	-32.52%
2018-06-30	$27.81M	-37.87%
2018-03-31	$44.76M	-30.94%
2017-12-31	$64.81M	78.57%
2017-09-30	$36.29M	-76.06%
2017-06-30	$151.63M	-3.18%
2017-03-31	$156.61M	-32.52%
2016-12-31	$232.07M	24.09%
2016-09-30	$187.03M	-25.20%
2016-06-30	$250.04M	-4.09%
2016-03-31	$260.70M	-12.04%
2015-12-31	$296.39M	-19.51%
2015-09-30	$368.24M	37.20%
2015-06-30	$268.40M	-23.09%
2015-03-31	$349.00M	-9.81%
2014-12-31	$386.97M	3.90%
2014-09-30	$372.46M	-3.78%
2014-06-30	$387.11M	-6.71%
2014-03-31	$414.97M	-5.44%
2013-12-31	$438.84M	4.67%
2013-09-30	$419.27M	11.11%
2013-06-30	$377.36M	32.80%
2013-03-31	$284.17M	-7.27%
2012-12-31	$306.45M	40.48%
2012-09-30	$218.16M	-6.39%
2012-06-30	$233.04M	10.19%
2012-03-31	$211.49M	12.68%
2011-12-31	$187.69M	-0.72%
2011-09-30	$189.06M	-24.17%
2011-06-30	$249.31M	-24.03%
2011-03-31	$328.16M	-15.08%
2010-12-31	$386.44M	7.73%
2010-09-30	$358.70M	41.29%
2010-06-30	$253.88M	22.91%
2010-03-31	$206.55M	14.82%
2009-12-31	$179.88M	27.63%
2009-09-30	$140.94M	70.58%
2009-06-30	$82.63M	-22.74%
2009-03-31	$106.95M	-32.58%
2008-12-31	$158.62M	-26.48%
2008-09-30	$215.75M	24.71%
2008-06-30	$173.01M	40.68%
2008-03-31	$122.98M	28.04%
2007-12-31	$96.05M	-

Emeren Group generated $12.86M in revenue during Q3 2024, up -57.21% compared to the previous quarter, and up 38.00% compared to the same period a year ago.

Emeren Group Revenue Breakdown

Emeren Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 21	Dec 20	Dec 19	Dec 18
Contract	$17.33M	-	$69.75K	$18.54M	-
Electricity	$28.90M	$23.55M	$28.71M	$29.26M	-
Product and Service, Other	$999.00K	$319.48K	-	-	-
Real Estate	$25.87M	$49.16M	$90.10M	$48.78M	-
Electricity generation	-	$17.97M	-	-	-
Solar power projects	-	$61.04M	-	-	-
Other	-	$655.84K	-	-	-
EPC services	-	-	-	-	-
Product And Service Other	-	-	$795.51K	$237.78K	-

Emeren Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Electricity (39.53%), Real Estate (35.39%), Contract (23.71%), and Product and Service, Other (1.37%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Jun 24	Mar 24
Product and Service, Other	$679.00K	$284.00K	$19.00K	$17.00K
Electricity	$5.41M	$9.41M	$8.69M	$5.38M
Contract	$493.00K	$337.00K	$12.37M	$4.14M
Real Estate	$18.46M	$1.53M	$5.88M	-

Emeren Group's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Real Estate (73.70%), Electricity (21.62%), Product and Service, Other (2.71%), and Contract (1.97%).

Emeren Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$7.27M	$13.90M	-	-	-
POLAND	$17.82M	-	-	-	-
LUXEMBOURG	$656.00K	-	-	-	-
HUNGARY	$16.44M	$451.63K	-	-	-
ITALY	$18.96M	$779.48K	-	-	-
CHINA	$17.83M	$16.90M	-	-	-
FRANCE	$997.00K	$14.03K	$96.21K	-	-
SPAIN	$815.00K	$-490.47K	$2.84M	-	-
CANADA	-	-	-	-	-
ROMANIA	-	-	-	-	-
UK	-	-	-	-	-
Poland	-	-	$24.94M	-	-
EPC services	-	-	-	-	-
Hungary	-	-	$20.99M	-	-
Electricity generation	-	-	$17.97M	-	-
Other	-	-	$655.84K	-	-
Solar power projects	-	-	$61.04M	-	-
C	-	-	-	$16.56M	$24.47M
U	-	-	-	$4.39M	$9.28M
T	-	-	-	-	-
R	-	-	-	$5.71M	$3.19M
P	-	-	-	$10.01M	$59.88M
H	-	-	-	$20.47M	$17.71M
G	-	-	-	$655.10K	$3.85M

Emeren Group's latest annual revenue breakdown by geography, as of Dec 24: ITALY (23.47%), CHINA (22.07%), POLAND (22.06%), HUNGARY (20.35%), UNITED STATES (9.00%), FRANCE (1.23%), SPAIN (1.01%), and LUXEMBOURG (0.81%).

Quarterly Revenue by Country

Country	Dec 24	Sep 24	Jun 24	Mar 24
CHINA	$3.40M	$5.31M	$6.24M	$2.88M
SPAIN	-	$815.00K	-	-
POLAND	$14.53M	$351.00K	$480.00K	$2.46M
HUNGARY	-	$14.99M	$1.69M	-
FRANCE	$1.00K	$994.00K	$1.00K	$1.00K
ITALY	$9.51M	$1.29M	$3.10M	$5.06M
UNITED STATES	$5.25M	$1.22M	$394.00K	$407.00K

Emeren Group's latest quarterly revenue breakdown by geography, as of Dec 24: POLAND (44.45%), ITALY (29.08%), UNITED STATES (16.06%), CHINA (10.40%), and FRANCE (0.00%).

Emeren Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
JKS	JinkoSolar	$118.68B	$23.04B
CSIQ	Canadian Solar	$7.61B	$1.33B
FSLR	First Solar	$4.21B	$887.67M
RUN	Sunrun	$2.04B	$537.17M
MAXN	Maxeon Solar	$1.12B	$187.46M
SEDG	SolarEdge	$901.46M	$265.40M
NOVA	Sunnova Energy	$839.92M	$235.29M
SOL	Emeren Group	$92.07M	$12.86M

SOL Revenue FAQ

What is Emeren Group’s yearly revenue?

Emeren Group's yearly revenue for 2024 was $92.07M, representing a decrease of -12.85% compared to 2023. The company's yearly revenue for 2023 was $105.64M, representing an increase of 29.76% compared to 2022. SOL's yearly revenue for 2022 was $81.41M, representing an increase of 2.20% compared to 2021.

What is Emeren Group’s quarterly revenue?

Emeren Group's quarterly revenue for Q3 2024 was $12.86M, a -57.21% decrease from the previous quarter (Q2 2024), and a -7.80% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $30.06M, a 103.27% increase from the previous quarter (Q1 2024), and a -11.19% decrease year-over-year (Q2 2023). SOL's quarterly revenue for Q1 2024 was $14.79M, a -66.39% decrease from the previous quarter (Q4 2023), and a 14.84% increase year-over-year (Q1 2023).

What is Emeren Group’s revenue growth rate?

Emeren Group's revenue growth rate for the last 3 years (2022-2024) was 13.09%, and for the last 5 years (2020-2024) was 24.56%.

What are Emeren Group’s revenue streams?

Emeren Group's revenue streams in c 24 are Contract, Electricity, Product and Service, Other, and Real Estate. Contract generated $17.33M in revenue, accounting 23.71% of the company's total revenue Electricity generated $28.9M in revenue, accounting 39.53% of the company's total revenue, up 22.75% year-over-year. Product and Service, Other generated $999K in revenue, accounting 1.37% of the company's total revenue, up 212.70% year-over-year. Real Estate generated $25.87M in revenue, accounting 35.39% of the company's total revenue, down -47.37% year-over-year.

What is Emeren Group’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Emeren Group was Electricity. This segment made a revenue of $28.9M, representing 39.53% of the company's total revenue.