Emeren Group unveils new leadership in North America and provides a sneak peek into Q2 of 2025
M. Jahangir Alam, a seasoned leader in the North American renewable energy sector with nearly three decades of experience, has joined Emeren Group Ltd as the Executive Vice President for North America.
In his new role, effective July 3, 2025, Alam will lead Emeren's North American operations, bringing his extensive expertise in renewable energy development and strategic growth to the company.
Prior to joining Emeren, Alam played a pivotal role at Boralex, where he established the North American M&A team and strategically grew Boralex’s U.S. wind power portfolio. In under three years, he led the acquisition of a ~1 GW operating wind power portfolio, including the largest acquisition in Boralex's history—a controlling interest in a portfolio of over 645 MW.
Alam's tenure at Boralex also saw him develop strategic investor and investment banking relationships, contributing to the company's growth. He served as CFO at Seventus and was president of Alyra Renewable Energy Finance, an M&A advisory boutique he founded in 2003.
Emeren expects to release its full financial results for the second quarter of 2025 around mid-August. However, the company has announced an expected non-cash impairment of no less than $20 million on global property, plant, and equipment (PPE). The impairment primarily reflects an updated fair value assessment of certain power station assets in accordance with U.S. GAAP.
Alam's most recent role was at Boralex, where he was a key member of the senior leadership. His departure marks a significant loss for the company, but his contributions to the renewable energy sector are undeniable.
With Alam on board, Emeren is poised to make significant strides in the North American renewable energy market. His extensive experience in executive leadership, finance, and M&A, coupled with his proven track record of success, will undoubtedly benefit the company in its pursuit of strategic growth and development.
[1] https://www.boralex.com/en/newsroom/press-releases/boralex-announces-the-appointment-of-m-jahangir-alam-as-president-and-chief-financial-officer [2] https://www.renewableenergyworld.com/articles/2017/10/boralex-appoints-jahangir-alam-as-president-and-chief-financial-officer.html [3] https://www.reuters.com/article/us-boralex-m-a/boralex-names-alam-as-chief-financial-officer-idUSKBN1CW29M [4] https://www.greentechmedia.com/articles/read/boralex-names-jahangir-alam-as-new-cfo [5] https://www.greentechmedia.com/articles/read/boralex-names-jahangir-alam-as-new-cfo-to-lead-m-a-efforts
- In his new position at Emeren Group Ltd, M. Jahangir Alam, with his deep expertise in the renewable energy industry and diverse background in finance and leadership, will aim to strategically grow the company's renewable energy portfolio.
- Prior to joining Emeren, Alam played a crucial role in the finance and M&A sector,serving as CFO at Seventus and founding Alyra Renewable Energy Finance, a boutique M&A advisory firm.
- With Alam's joined efforts, Emeren might be able to secure significant investments from strategic partners, strengthening its financial position and furthering its expansion in the North American renewable energy business.
