SOL - January 24, 2021
ReneSola Ltd. develops, builds, operates, and sells solar power projects. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The certainty of ReneSola's revenue growth in the build-to-order segment poses a lucrative operating segment in an increasingly competitive Solar industry. Analysts have a conservative consensus PT of $12.00, however it is possible that we will see upgrades outpace the current run. SOL is a great hold over the next multiple years as there is increased focus on clean energy, and the market cap can quickly climb higher from the current ~22B valuation.
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