Emeren Group Ltd. (SOL), Friday announced the sale of its 2.8 MWdc Maine solar project to Altus Power, Inc. (AMPS), a provider of clean electric power.
The company expects the sale to highlight its ability to deliver COD projects efficiently, and strengthen its position in the U.S. market.
Following the transaction, Altus will use the project to deliver clean, sustainable energy to local communities, contributing to Maine's renewable energy objectives.
During the pre-market hours, Emeren's stock is trading at $1.8, up 0.56 percent on the New York Stock Exchange.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.