Emeren(SOL) - 2023 Q3 - Quarterly Report

Exhibit 99.1 Aug 31, 2023 Dear shareholders, We delivered an extremely solid quarter and made good progress on our key strategic initiatives. Q2 revenue grew 312% year-overyear to $33.8 million driven by strong contribution across all of our business lines. Gross margin was 37.4%, driven by improved mix of higher margin projects, particularly in Europe, where we are benefiting from a tailwind of higher energy prices. These results drove a net income of$ 8.3 million, which was a record high for us in the las ...