Companies in the solar industry have been causing a commotion over the past two weeks. Last Thursday, shares of SunEdison (SUNE – Analyst Report) dropped 12% in morning trading after banks that loaned the solar company nearly $2 billion for an acquisition of Vivint Solar (VSLR – Snapshot Report) had second thoughts on the loan.

(Also read, “Why Is SunEdison (SUNE – Analyst Report) Stock Crashing Today?”)

Then earlier this week, Vivint Solar announced that it has terminated the SunEdison acquisition agreement because SunEdison did not fulfill pre-specified requirements for the merger to take place. Vivint Solar also plans on taking legal action to address the alleged breach of contract.

Despite this report, shares of SUNE traded up 10% that day, while shares of VSLR were down 20%.

(Also read, “SunEdison (SUNE – Analyst Report) Stock is Soaring Today: Should You Buy It?”)

This current volatility with these two notable solar and electric companies makes a potential investment in them problematic. With this in mind, let’s examine three strong solar companies that may be a prospective investment.

1.  ReneSola Ltd.

ReneSola Ltd. (SOL – Analyst Report) and its subsidiaries are engaged in manufacturing solar wafers in the People’s Republic of China. The company’s solar wafers are sold to both Chinese and international photovoltaic cell and module manufacturers.

The company currently has a Zacks Rank #1 (Strong Buy), as well as Style Scores of B, B, and A in value, growth, and momentum, respectively. ReneSola has had three positive earnings revisions for the earrings quarter ending in March 2016, and another three positive earnings revisions for the earnings quarter ending in June of 2016.

After missing our earnings estimate in the period ending in March 2015 by 40%, ReneSola outperformed our estimate the following three quarters. In chronological order form the period ending in June 2015 through the period ending in December 2015, the company’s surprise percentages were 88.24%, 260%, and 333.33%, respectively.