Emeren has appointed M. Jahangir Alam as the company’s EVP for North America
Alam, formerly with Boralex, has been advising the group regarding its US business restructuring
Emeren expects a $20 million non-cash impairment in Q2 2025 on global assets
Emeren Group has appointed a new Executive Vice President for its North America operations, Mohammed Jahangir Alam (M. Jahangir Alam). He takes over from Cameron ‘Mac’ Morre, who has now left the company.
An industry veteran, Alam comes to the solar power projects developer with nearly 3 decades of experience across various senior executive functions, including in finance and mergers and acquisitions (M&A).
Alam was looking after the North American market as the head of M&A at Canadian renewable energy independent power producer (IPP) Boralex. He previously also worked as an advisor to the US Secretary of Commerce, Gary Locke, on issues related to the global competitiveness of the US renewable energy industry.
However, Alam has been associated with Emeren Group since April 2025 as senior advisor to the company’s board of directors, advising on restructuring and repositioning its US business unit as it pivots to going private, as her his LinkedIn profile.
Emeren recently agreed to a $2.00/ADS buyout offer from Shurya Vitra in which Board Chairman Himanshu Shah is making an equity investment. Following this going private offer, CEO Yumin Liu has departed, with Independent Director Julia Xu appointed as the interim CEO (see NYSE-Listed Emeren To Accept Offer To Go Private).
According to Emeren’s preliminary financials for Q2 2025, it expects to report a non-cash impairment of no less than $20 million on global property, plant, and equipment (PPE). This, it says, primarily reflects an updated fair value assessment of certain power station assets in accordance with US GAAP. It will declare the final results in mid-August 2025.
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