Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3-gigawatt pipeline of projects and independent power producer assets, as well as a 10-gigawatt pipeline of storage pipeline. The company develops community solar gardens; and sells project rights. In addition, it engages in engineering design; procurement of solar modules; balance-of-system components and other components; and construction contracting and management services. Further, the company generates and sells electricity. It operates in China, the United States, the United Kingdom, Germany, France, Poland, Italy, and Hungary. The company was formerly known as ReneSola Ltd and changed its name to Emeren Group Ltd in January 2023. Emeren Group Ltd was founded in 2005 and is headquartered in Norwalk, Connecticut.
Metrics to compare | SOL | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipSOLPeersSector | |
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P/E Ratio | −36.9x | 12.2x | 11.8x | |
PEG Ratio | −1.01 | −0.03 | 0.03 | |
Price / Book | 0.3x | 2.8x | 1.4x | |
Price / LTM Sales | 1.0x | 1.4x | 1.2x | |
Upside (Analyst Target) | 216.6% | 2.1% | 20.1% | |
Fair Value Upside | Unlock | 6.6% | 6.1% | Unlock |