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Emeren Group Announces CEO Transition, Formation of a Special Committee and Preliminary Q1 2025 Results

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NORWALK, Conn., March 28, 2025 /PRNewswire/ — Emeren Group Ltd (“Emeren” or the “Company”) (www.emeren.com) (NYSE: SOL), a leading solar project developer, owner, and operator, today announced that Mr. Yumin Liu, Chief Executive Officer, will step down from his role effective April 30, 2025. The company’s Board of Directors has appointed Ms. Julia Xu, currently an independent director, as Interim CEO, effective May 1, 2025. Emeren has initiated a formal search for its next Chief Executive Officer and is considering both internal and external candidates.

CEO Transition

Mr. Liu has served as CEO for over five years, during which time he played a key role in advancing Emeren’s strategic focus on high-margin growth and capital-efficient development. He will remain with the company through the end of April to ensure a smooth transition.

“Mr. Liu’s leadership has been instrumental in shaping Emeren’s transformation into the developer of solar and energy storage projects,” said Mr. Himanshu H. Shah, Chairman of the Board. “We are grateful for his many contributions and leadership on operational discipline.”

Reflecting on his time at Emeren, Mr. Liu said, “It has been a tremendous honor to lead Emeren over our phase of evolution strengthening both our presence and deepening our operational capabilities. I’m particularly proud to have contributed to refining our strategic focus, including the execution of our Development Service Agreement (DSA) and IPP segments. I leave with full confidence in the leadership team, and the exceptional people across Emeren.”

Ms. Julia Xu will assume the role of Interim CEO on May 1. A member of Emeren’s Board of Directors, Ms. Xu brings deep experience in the financial markets and international business leadership. She is the Founder and Managing Director of Oravida, a New Zealand-based group focused on premium food branding and cross-border market strategy. Earlier in her career, she served as Chief Financial Officer of Emeren Group Ltd, and held senior financial roles at Deutsche Bank Hong Kong, Bankers Trust, and Lehman Brothers.

“The Board is confident in Julia’s ability to lead the company during this transition,” said Mr. Himanshu H. Shah, “She brings strong operational insight and familiarity with our strategic priorities.” “I’m honored to step into this interim role at a critical time for Emeren,” said Ms. Xu. “Our focus remains on disciplined execution across our solar and energy storage segments.”

Emeren also formed a special committee which includes its three independent directors Martin Bloom, Ramnath Iyer and Ramki Srinivasan to evaluate a going private proposal received on March 17, 2025.

Preliminary Q1 2025 Results

Emeren is also releasing preliminary financial results for the first quarter of 2025. Based on currently available information, the company expects:

Revenue of approximately $8.4mGross margin of approximately 32%Non-GAAP operating loss of about $4 million

Emeren expects to report final Q1 2025 results around mid-May.

About Emeren Group Ltd

Emeren Group Ltd (NYSE: SOL), a renewable energy leader, showcases a comprehensive portfolio of solar projects and Independent Power Producer (IPP) assets, complemented by a significant global Battery Energy Storage System (BESS) capacity. Specializing in the entire solar project lifecycle — from development through construction to financing — we excel by leveraging local talent in each market, ensuring our sustainable energy solutions are at the forefront of efficiency and impact. Our commitment to enhancing solar power and energy storage underlines our dedication to innovation, excellence, and environmental responsibility. For more information, go to www.emeren.com.

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SOURCE Emeren Group Ltd

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Seemant Shukla Appointed as CEO of Quantum AMC

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MUMBAI, India, April 3, 2025 /PRNewswire/ — The Board of Directors of Quantum Asset Management Company Private Ltd. (Quantum AMC) have approved the appointment of Seemant Shukla as the Chief Executive Officer (CEO) of Quantum AMC effective April 1, 2025.  

Quantum AMC is a 100% subsidiary of the Sponsor, Quantum Advisors which, collectively, has an AUM of INR 21,281 crores as of March 31, 2025.

Seemant’s appointment as CEO of Quantum AMC will kickstart awareness and growth of Quantum AMC’s pioneering and unique approach to guiding investors for long-term returns with a suite of 14 mutual funds within a simple asset allocation framework.

Seemant is a BFSI veteran with over 24 years of diverse experience in banking, wealth, asset management and insurance with a strong track record in sales, business development, product, marketing, and P&L management. Prior to joining Quantum AMC, Seemant has worked with ICICI Group, Reliance General, Dhanlaxmi Bank, JM Financial and Edelweiss Financial Group.

Welcoming Seemant to the Quantum family, Ajit Dayal, Founder, Quantum Advisors, said, “True leadership in investing isn’t measured by short-term gains, but by the trust we build over time. Quantum AMC has always stood for integrity, discipline, and putting investors first—values that remain non-negotiable, no matter how the industry evolves. Seemant brings the clarity, conviction, and proven leadership needed to uphold these principles while driving Quantum AMC’s future. All of us at Quantum wish Seemant much success as he strengthens our legacy of Integrity and Competence at a time when millions of investors – scarred by the recent market decline and poor investment decisions – are looking to invest their savings in a suite of simple and sensible mutual funds to achieve their defined financial objectives.”

I V Subramaniam, MD, Quantum Advisors, said, “Seemant’s appointment comes at a defining moment for the mutual fund industry, as we witness a growing shift towards disciplined, long-term investing. With his deep industry expertise, strategic mindset, and digital-first approach, he is well-positioned to steer Quantum AMC towards greater operational agility and investor-centric innovation. His leadership will be instrumental in further strengthening our commitment to integrity, transparency, and investor-first principles.”

Expressing his enthusiasm, Seemant Shukla, newly appointed CEO of Quantum AMC, said, “Quantum has built a distinct reputation in the financial services industry with its value-driven approach, placing investor interests at the forefront through simplicity and transparency. I am excited to lead a team that truly embodies these principles, shaping a well-rounded, multi-channel, and investor-centric asset management company. With transparency and straightforward solutions at its core, Quantum is committed to empowering investors to achieve their financial goals and aspirations.”

About Quantum AMC

Quantum Mutual Fund was established in 2006 with the launch of its first fund. Quantum Mutual Fund nurtures a partnership culture with investors, business partners, and employees to spread the goodness of investing.

Quantum Mutual Fund is committed to providing simple Investment Solutions with simplicity, transparency, and integrity.

Investment options to convert savings to wealthSimple products that are easy to understandDependable standards of serviceSensible, risk-adjusted returns over the long term through a disciplined research and investment process

We now offer 14 simple and easy-to-understand products for achieving different financial goals. Our tried and tested research-oriented process gives a channel to receive risk-adjusted returns that outperform the market in the long term. Quantum’s continued relevance is a product of its reputation as trailblazer in the realm of mutual fund investing. With a solid track record and a commitment of providing progressive investment strategies.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. 

Media Contact: 
Deepali Chavan 
deepalic@quantumamc.com 

 

View original content:https://www.prnewswire.com/in/news-releases/seemant-shukla-appointed-as-ceo-of-quantum-amc-302419669.html

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From data to actionable insights: How Treon and Skyler – leaders in reliability – are revolutionizing asset reliability

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TAMPERE, Finland, April 3, 2025 /PRNewswire/ — Treon and Skyler have announced a strategic partnership to transform asset reliability management. The collaboration combines Treon’s IoT-powered solutions with Skyler’s comprehensive reliability services and AI analytics for mechanical equipment, delivering full coverage across plants—from balance-of-plant systems to critical assets.

The partnership, covering over 50,000 assets across industries, offers an end-to-end solution for industrial asset monitoring. Customers gain expert support in reliability strategy development, hardware selection and deployment, and continuous insights from certified vibration analysts—helping teams identify and address equipment degradation well before a critical fault.

A Complete reliability solution

Treon Connect and Skyler’s joint solution gives customers the tools to improve equipment performance, maximise productivity, and deliver ROI in as little as three months.

This integrated approach includes:

Strategic reliability consulting – Identifying critical assets and processes to develop optimal monitoring approaches for both core and balance-of-plant equipment.Smart monitoring devices and AI platform – Deploying Treon IoT sensors, seamlessly integrated with Skyler’s advanced analytics platform to provide real-time condition monitoring and predictive insights for monitored equipment.Installation and ongoing support – Expert hardware installation and system integration, with continuous support from certified vibration analysts for accurate interpretation and actionable recommendations.Risk mitigation insurance – Providing insurance solutions to protect equipment and operations from potential failures.

“Our customers face two major challenges: an overwhelming amount of raw data and limited resources,” said Justin Hatfield, Board Member of Skyler. “This partnership turns data into actionable insights, helping businesses detect equipment degradation early and address it efficiently. While we manage the full reliability journey—from world-class hardware integration to expert analysis—customers can focus on what matters most: solving key operational issues.”

Joni Korppi, CEO of Treon, added: “By combining our industry-leading portfolio of IoT driven solutions with Skyler’s comprehensive reliability services, we’re creating exceptional value for our customers and ecosystem”

About Treon

Treon is a leading technology company with a mission to help businesses improve productivity, enhance operational visibility, and sustainability. Its platform, Treon Connect, boosts operational efficiency by utilizing data-driven automation to extend machine lifespan, monitor assets, increase productivity, and ensure safety across industries. Treon is trusted by global leaders to provide secure, customized products that integrate seamlessly into existing business solutions.

About Skyler

Skyler prevents downtime and high maintenance costs through IoT-driven reliability solutions. Specializing in maximizing the lifespan of rotating assets, Skyler leverages AI and machine learning, along with industry expertise, to prevent equipment failures. Skyler Rotate bridges the gap between raw data and actionable solutions. The company is backed by Energy Management Corporation, HECO Inc., and Northwest Electric—leaders in the electromechanical industry and members of the Electrical Apparatus Service Association (EASA).

Treon press inquiries
Samah Zain, Head of Growth
samah.zain@treon.fi
+358-505507331

Photo: https://mma.prnewswire.com/media/2657033/Treon_and_Skyler.jpg
Logo: https://mma.prnewswire.com/media/2652650/5250172/Treon_Logo.jpg

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SOURCE Treon

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Attribution From JamLoop Launches, Providing Confidence in CTV Buying

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Advertisers and agencies gain full visibility into how CTV viewers are converting

WALNUT CREEK, Calif., April 3, 2025 /PRNewswire/ — JamLoop, the technology provider making CTV more accessible to advertisers and agencies, announced the launch of Attribution for clients using their demand-side platform to buy CTV. JamLoop developed the new capability in response to customers wanting to maximize exposure to their ads with full visibility into how viewers are converting to visitors, shoppers, and buyers.

Premium attribution for advertisers and agencies for CTV campaigns

The introduction of Attribution from JamLoop gives advertisers and agencies actionable insights that move their customers through the funnel to conversion faster. JamLoop’s Attribution was developed keeping ease, customization, and conversions in mind with elegant dashboards and always-on intuitive reporting, simplifying campaign analysis. Dynamic web event tracking gives advertisers and agencies the flexibility to track the KPIs that matter most to their businesses including Conversion Rate, Cost-Per-Acquisition, and ROAS.

“JamLoop’s Attribution made the entire process of creation, optimization, and measurement so easy, ultimately leading us get the most out of our ad spend,” said Lisa Lopuck, with Jacked Up Brands, a JamLoop customer. “With JamLoop’s ability to geo-target using custom segmentation and real-time reporting for optimization, we achieved 2.1 ROAS in just one month using the data from their attribution tool.”

“Many advertisers have not had the level of visibility into their campaigns that make them feel at ease with CTV buying, they have been limited by incomplete data or outdated data (not real-time data),” said Oksana Korsakova CMO at JamLoop. “We have always maintained high integrity in our solutions, so attribution was the next logical step in providing confidence and control when investing in CTV.”

JamLoop’s Attribution is a reporting and analytics tool that uses last-touch and multi-touch attribution modeling and customizable attribution windows to measure and report the influence of a CTV campaign on target users. Advertisers can leverage the insights from the Attribution dashboard to retarget or detarget specific audiences or buyers. The attribution reports also provide gain understanding into the frequency that users are engaging with ads and in what window of time they are converting post-view. Attribution from JamLoop also includes robust data mapping, easy set-up, ongoing support, and integration with common ecommerce platforms.

“The launch of our attribution reporting and analytics tool shows our continued commitment to bringing clarity and expanding demand for CTV,” said Leif Welch, CEO of JamLoop. “We believe that everyone should be advertising on CTV which should be a critical part of any media mix. Up until now, advertisers and agencies looked to TV for top of funnel metrics but now with attribution, our customers can focus on moving their buyers from awareness through to purchase more quickly with the transparency and actionable insights from our data.”

About JamLoop
JamLoop powers a demand-side platform for CTV campaigns that reaches highly targeted audiences across all major markets. Purpose built in 2017 by ad tech professionals with decades of experience and a desire to make TV accessible for all, JamLoop gives advertisers and agencies the reach, performance, and transparency to achieve their campaigns objectives. JamLoop is based in the US and now has over 300 direct relationships with streaming app providers.

View original content to download multimedia:https://www.prnewswire.com/news-releases/attribution-from-jamloop-launches-providing-confidence-in-ctv-buying-302419172.html

SOURCE JamLoop

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