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Emeren Group: Pivot Outside China Can Unlock Value

Apr. 04, 2023 7:31 AM ETEmeren Group Ltd (SOL)TAN2 Comments


  • Emeren Group has changed its name from "ReneSola".
  • The company is expanding outside of China, targeting new solar development projects across Europe and the U.S.
  • An outlook for strong earnings growth in 2023 is bullish for the stock.
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Solar farm in Central California

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Emeren Group Ltd. (NYSE:SOL) recently rebranded from "ReneSola" reflecting a broader focus on renewable energies including battery storage. Indeed, while the bulk of the company's solar power production assets is still in China, the corporate refresh also signifies a global ambition, targeting solar

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This article was written by

Dan Victor, CFA profile picture

Dan Victor, CFA is a market professional with more than 15 years of investment management experience across major financial institutions in research, strategy, and trading roles. Dan is the president of Posto Asset Management - a startup investment advisory firm based in Miami Beach, Florida.

Dan leads the investing group Learn more

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SOL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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Comments (2)

Thanks for the info
Rgarga profile picture
Book value is over 6.5/share. They are expecting to make 0.5/share year 2024. I can't see how this company is worth less than $6/share. My average now is $4.77 but frustrating given a major shareholder bought even at $6 though they bought more at 4.4... thanks 😊
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