What year was Emeren incorporated?
Where is Emeren based?
Emeren's corporate headquarters is located in the U.S.. You may contact us at the following address:
100 First Stamford Place, Suite 302
Stamford, CT 06902
What does Emeren do?
What are Emeren's strengths?
- Proven record of successful solar power project investment
Emeren is focused on the development of solar projects. As of September 30, 2022, the Company successfully completed about 900 MW of solar power projects, and is operating approximately 249 MW solar power projects globally. Meanwhile, Emeren has also established good partnerships with customers and investors, and developed a network of financing partners.
- High yield pure downstream player
With a strong focus on distributed generation and community solar, Emeren owns and operates commercial projects with relatively attractive return. We are highly experienced in developing and operating small-scale DG projects with high FiT/PPA prices. We have expanded our presence to more than 10 countries, where we have solid knowledge of the local energy policies.
- Globally Diversified Profile
Our Project Development business targets a number of countries and regions where the solar power project markets are growing rapidly now, and should sustain that growth due to improved clarity around government policies. We have built local professional teams in more than 10 countries around the world, and our business spreads across the U.S., Poland, Hungary, England, Italy, Germany, Spain, France and China.
- Experienced management team
Emeren's management team is comprised of highly skilled professionals with an average of 15-20 years of experience across project management, strategic investment, capital markets, financial transactions, and private equity in clean technology and renewable energy.
Where are Emeren's shares traded?
How do I purchase shares of Emeren?
How many shares of Emeren stock are outstanding?
What is the CUSIP number for Emeren's shares?
When does Emeren's fiscal year end?
Where can I find information about Emeren’s executive staff?
How many employees does Emeren have?
How do I contact Emeren's depositary?
What is the "Depositary Servicing Fee" that appears on my brokerage statements and why am I being charged this fee?
The Bank of New York Mellon, as Depositary, assesses an annual Depositary Servicing Fee (DSF) to holders of ADSs pursuant to the Deposit Agreement which was filed as an Exhibit to the Registration Form F-6 filed with the SEC upon the establishment of the ADS program. Please refer to Section 5.09 of the Deposit Agreement at (http://www.sec.gov/Archives/edgar/data/1417892/000101915508000011/depositagmtbnyrenesola.htm) and to the Company's Form 20-F (see below). Additionally, the Depositary typically provides notice to the Depository Trust Company (DTCC) 30 days or more in advance of the ADS record date. This notification period allows for sufficient time for brokers to inform their beneficial holders of the upcoming DSF charges at the time of the purchase of ADSs and the ongoing DSF charges following the purchase of ADSs.
On November 21, 2019, the Company and Bank of New York Mellon reached an agreement to waive the annual depositary service fee for the holders of the Company's ADSs. As a result, the owners and holders of the Company’s American Depositary Receipts are no longer obligated to pay the Annual depositary servicing fees.
Are there any other fees that I should be aware of?
- Issuance or Cancellation Fees - US$5.00 (or less) per 100 ADSs (or portion of 100 ADSs) (issuance of ADSs, includes but not limited to, delivery of ADSs resulting from deposit of Shares and distribution of stock or rights or other property; cancellation of ADSs, includes but not limited to, the surrender of ADSs for the purpose of withdrawal of Shares and termination of the ADS program)
- Cash Distribution - US$0.02 (or less) per ADS
- Registration or Transfer Fees - Typically charged by the local registrar for transfer or re-registration of Shares
- Other Depositary Fees - Cable fees, FX fees, taxes and other governmental charges, and others depending on the type of transaction
from this link: https://www.sec.gov/Archives/edgar/data/1417892/000114420419021681/tv518702_20f.htm#a_015