Emeren Group Ltd. (NYSE: SOL) recently announced the sale of a ready-to-build (RTB) solar project portfolio of 42 megawatt peak (MWp) in Spain to CVE Espana. This divestment can be expected to boost SOL's third-quarter 2024 revenues. This portfolio includes eight Greenfield plants, with sizes ranging from 5 to 6 megawatts. One among these projects is already completed, while the rest are projected to be completed by Emeren in the third quarter of 2024.  The combined energy production from these eight projects is expected to reach 92.8 gigawatt-hours (GWh)/year. Emeren's Growing Ground in Europe's Solar Market Emeren is steadily gaining momentum in Europe's solar market to reap the benefits of the growing demand in this region. To this end, the Mordor Intelligence firm expects the Solar Photovoltaic Market in Europe to witness a CAGR of 12.3% from 2024 to 2029. It is imperative to mention in this context that Europe remains a solid revenue contributor for Emeren. This region contributed 78% to the total revenues of the company in the last reported quarter. Based on its already established footprint ...