Leading international solar project developer, owner, and operator Emeren Group Ltd. announced a change of leadership for its operations in North America. Executive Vice President-North America Mr. Cameron “Mac” Moore has left the company, and Mr. M. Jahangir Alam has been named as his replacement with immediate effect.
About M. Jahangir Alam
M. Jahangir Alam is a seasoned leader in the North American renewable energy industry, with nearly three decades of experience spanning executive leadership, finance, and M&A. He has held key roles as an operator, financier, and advisor, and has been involved in transactions totaling over $12 billion in value.
As a key part of the senior leadership team of Boralex, Jahangir most recently oversaw the creation of the North American M&A team, the growth of strategic investor and investment banker connections, and the creation of unique deal prospects. Beginning on a bilateral basis, Jahangir spearheaded the largest acquisition in Boralex’s history: a controlling stake in a portfolio of about 1 GW of operating wind power. Boralex’s US asset base grew from 80 MW to 645 MW in less than three years as a result of these deals.
Prior to this, Jahangir was the president of Alyra Renewable Energy Finance, an M&A consultancy firm he started in 2003, and the CFO of Seventus, a wind power development company.
Preliminary Q2 2025 Operating Results
Emeren is also providing its preliminary financial updates for the second quarter of 2025. Based on currently available information, the Company expects the following:
- A non-cash impairment of no less than $20 million on global property, plant, and equipment (PPE), primarily reflecting an updated fair value assessment of certain power station assets in accordance with U.S. GAAP.
Emeren expects to release its full financial results for the second quarter of 2025 around mid-August.
