Emeren Group Ltd's Suppliers Performance
SOL's Supply Chain
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SOL Costs vs Sales of Suppliers Growth |
Revenues of Emeren Group Ltd's Suppliers, deteriorated by -7.61 % compared to the same quarter a year ago, sequentially sales grew by 331.95 %, while their net profit margin fell to -1.03 % year on year, compared to the previous quarter Emeren Group Ltd's Suppliers had a lower net margin at 331.95 %,
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Emeren Group Ltd's Suppliers realized a deteriorated in sales by -7.61 % compared to the same quarter a year ago, sequentially sales grew by 331.95 %, while their net profit margin fell to -1.03 % year on year, compare to previous quarter SOL's Suppliers had lower net margin at -1.03 %,
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News about Emeren Group Ltd Contracts |
Emeren Group Ltd's Comment on Supply Chain
We procure solar modules and other key components for our developed solar power projects primarily by entering into short-term contracts to purchase at market prices. Suppliers of our solar modules and key components are primarily our related parties and third-party suppliers and contractors. Our purchasing decisions may take into consideration of technical specifications (including size, type and power output) bid price, warranty and insurance programs, spectral response, performance in low light, nominal power tolerance levels, degradation rate, technical support and the reputation of the supplier. We generally require warranties for defects in materials or workmanship for the components and a warranty for module capacity under normal testing conditions. Our in-house EPC team or external EPC contractors work in areas such as logistics, installation, construction and supervision. We maintain an updated list of qualified and reliable suppliers and third-party contractors with a proven track record with which we have established relationships. We choose our third-party suppliers and contractors through a bidding or quotation request process or through our affiliates or other cooperative arrangements with various manufacturers and contractors. The relevant departments of our local offices organize and collect bids/quotations, communicate with potential suppliers and contractors and coordinate with our local development teams to meet the local technical and legal requirements.
Emeren Group Ltd's Comment on Supply Chain
We procure solar modules and other key components for our developed solar power projects primarily by entering into short-term contracts to purchase at market prices. Suppliers of our solar modules and key components are primarily our related parties and third-party suppliers and contractors. Our purchasing decisions may take into consideration of technical specifications (including size, type and power output) bid price, warranty and insurance programs, spectral response, performance in low light, nominal power tolerance levels, degradation rate, technical support and the reputation of the supplier. We generally require warranties for defects in materials or workmanship for the components and a warranty for module capacity under normal testing conditions. Our in-house EPC team or external EPC contractors work in areas such as logistics, installation, construction and supervision. We maintain an updated list of qualified and reliable suppliers and third-party contractors with a proven track record with which we have established relationships. We choose our third-party suppliers and contractors through a bidding or quotation request process or through our affiliates or other cooperative arrangements with various manufacturers and contractors. The relevant departments of our local offices organize and collect bids/quotations, communicate with potential suppliers and contractors and coordinate with our local development teams to meet the local technical and legal requirements.
SOL's Suppliers recorded net loss |
Suppliers recorded net loss |
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SOL's vs. Suppliers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
Emeren Group Ltd |
124.01 |
61.29 |
-4.55 |
- |
Beam Global |
93.24 |
55.22 |
-18.80 |
86 |
First Solar Inc |
17,973.33 |
3,318.60 |
830.78 |
4,800 |
Sunworks Inc |
2.61 |
154.14 |
-62.50 |
0 |
Canadian Solar inc |
1,279.87 |
7,468.61 |
298.56 |
279 |
Solaredge Technologies Inc |
3,629.15 |
2,976.53 |
34.33 |
3,964 |
Ascent Solar Technologies Inc |
0.18 |
0.47 |
-17.14 |
71 |
Sunpower Corp |
426.78 |
1,741.00 |
47.28 |
7,306 |
Novaccess Global Inc |
1.10 |
-793.29 |
-0.83 |
0 |
Sunrun Inc |
2,442.47 |
2,259.81 |
-2,682.84 |
3,260 |
Jinkosolar Holding Co ltd |
4,511.20 |
1,789.77 |
33.70 |
12,700 |
Maxeon Solar Technologies Ltd |
117.03 |
1,060.11 |
-267.15 |
5,000 |
Enphase Energy Inc |
15,583.65 |
2,290.39 |
438.94 |
2,260 |
Ftc Solar Inc |
62.17 |
129.69 |
-59.61 |
223 |
SUBTOTAL |
46,122.79 |
22,451.06 |
-1,425.30 |
39,949 |
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