Emeren launches as new name for ReneSola, with unchanged ticker symbol

Emeren Group Ltd.
SOL,
-4.07%
said Monday it’s no longer calling itself ReneSola Ltd. Its new name, Emeren Group, is derived from “empowering renewables,” the company said. Emeren Group’s U.S.-listed stock will continue to trade on the NYSE under the symbol SOL. Emeren stock has risen 14.2% in 2023, compared to an 11% rise by the Nasdaq
COMP,
-1.96%.