Emeren Group Revises Date of Extraordinary General Meeting

NORWALK, Conn. – Oct. 2, 2025 – Emeren Group Ltd (NYSE: SOL), a prominent global player in solar and storage project development, ownership, and operation, has announced the cancellation of its previously scheduled extraordinary general meeting (EGM). Originally slated for October 21, 2025, at 10:00 a.m. Eastern Standard Time, the EGM was intended for shareholders to consider and vote on the proposed merger agreement with Shurya Vitra Ltd. and Emeren Holdings Ltd.

The company stated that the decision to cancel the meeting is directly related to the ongoing review of the proxy statement on Schedule 14A and the transaction statement on Schedule 13E-3 by the U.S. Securities and Exchange Commission (SEC). While the original date was subject to postponement based on the SEC review, Emeren has now opted to cancel the October 21st EGM altogether. This move suggests that the amendments required by the SEC are more extensive than initially anticipated, necessitating a revised timeline for the shareholder vote.

“Given the feedback received and the time required to adequately address the SEC’s comments, we believed it was in the best interest of our shareholders to cancel the previously scheduled EGM and reschedule it for a later date,” the company said in a statement. “This will allow us to ensure that shareholders have access to the most complete and accurate information before making their decision.”

Emeren plans to announce the date of a new EGM as soon as it finalizes and files the definitive proxy statement and transaction statement. Investors can expect official notification of the new EGM date, including the record date, in accordance with relevant laws, regulations, and the company’s articles of association.

The proposed merger remains a pivotal moment for Emeren. The transaction is intended to take the company private, offering significant upside potential for the acquiring entities. However, regulatory scrutiny and shareholder approval are critical hurdles. The delay underscores the increasing complexity of mergers and acquisitions in the renewable energy sector, particularly as companies navigate evolving regulatory landscapes. Some analysts suggest that the SEC’s deeper dive may be related to broader concerns about valuation transparency or potential conflicts of interest in similar transactions involving foreign-listed companies.

*Emeren Group Ltd: Company Profile*

Emeren Group Ltd (NYSE: SOL) is a global renewable energy developer, owner, and operator specializing in solar and storage projects. The company boasts a diverse portfolio that includes Independent Power Producer (IPP) assets and a substantial Battery Energy Storage System (BESS) capacity. Emeren is involved in all stages of project development, from initial conceptualization to financing and construction, leveraging local expertise in various markets. Emeren aims to enhance solar power and energy storage worldwide through dedicated innovation and environmental responsibility. For more information, go to www.emeren.com.

*Safe Harbor Statement*

This announcement contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are identified by terms such as “will,” “expects,” and “anticipates” and involve risks and uncertainties that could cause actual results to differ materially. These risks include, but are not limited to, the execution of Emeren’s strategies, market acceptance of its products, competition, regulatory policies, and economic conditions. Further information regarding these and other risks is included in Emeren’s filings with the U.S. Securities and Exchange Commission. The company undertakes no obligation to update any forward-looking statement, except as required by law.

SOURCE Emeren Group Ltd