| Emeren Group is a holding company. Through its subsidiaries, Co. is a solar project developer and operator. Co. develops and sells solar power projects or sells project SPVs (project development business), and owns and operates solar power projects and sells the electricity generated by its operated solar power plants (IPP business). In its Project Development Business, Co. has two basic project development models: Build-Transfer and Project Rights Sale. Co. primarily conducts its IPP business in China where it can sell electricity in gross metering or net metering. Co.'s Engineering, Procurement and Construction Business includes engineering design and procurement of solar modules. We show 1 historical shares outstanding datapoints in our SOL shares outstanding history coverage, used to compute SOL market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SOL market cap history over the course of time is important for investors
interested in comparing SOL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SOL versus a peer is one thing; comparing
SOL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SOL can fluctuate over the course of history.
With this page we aim to empower investors researching SOL by allowing them to research the SOL market cap history.