ESLR

Highlights

Overview

News

Chart

Contacts

 

   
 
   
   
   
   
Approximate Financial Snapshot as of 6/5/06
Shares Outstanding 66.8M
52 Wk Hi/Lo 17.50/

5.54

Market Cap $754M
Recent Price $11.29

 

 

  Evergreen Solar (ESLR)

 

Engages in the development, manufacture, and marketing of solar power products primarily in Germany and the United States.

Website: http://www.evergreensolar.com


ESLR Investor Highlights

  • An alternative energy play that looks well positioned in its niche.
  • Announced its EverQ joint venture has secured enough supply materials to boost production capacity tenfold.
  • EverQ currently expects to ramp production capacity from about 30MW this year to approximately 300MW by 2010 and possibly as early as the second half of 2009. The supply agreements are expected to be finalized and become effective early in the third quarter of 2006.
  • Agreements, which will make Evergreen Solar, Q-Cells and REC equal partners at 33.33% ownership, are expected to be finalized early in the third quarter of 2006.

Overview

Evergreen Solar, Inc. engages in the development, manufacture, and marketing of solar power products primarily in Germany and the United States. The company uses its proprietary ‘String Ribbon’ technology process in manufacturing crystalline silicon wafers, the primary components of photovoltaic cells. These photovoltaic cells generate direct electricity when exposed to sunlight. It principally offers solar panels, solar cells, and solar systems. These solar modules are the assemblies of photovoltaic cells that are electrically interconnected and laminated for electric power generation, such as on-grid and off-gird generation. 

The company sells its products through distributors, systems integrators, and value-added resellers. It has a strategic partnership with Q-Cells AG and Renewable Energy Corporation ASA to manufacture, market, and sell solar products based on its proprietary ‘String Ribbon’ technology using fabrication processes that combine the company’s, Q-Cells’, and Renewable Energy’s manufacturing technologies in Germany. Evergreen Solar was founded in 1994 and is headquartered in Marlboro, Massachusetts.

This is an abbreviated profile and we encourage readers wanting to learn more to visit the company website at http://www.evergreensolar.com.


Recent News and Press Releases

Evergreen Solar Announces Signing of Binding Memorandum of Understanding for Major Polysilicon Supply Agreements for EverQ

Evergreen Solar to Present at Cowen & Co. 34th Annual Technology Conference

Rising Oil Prices Send Solar Stocks Up

Evergreen Solar to Present at Two Upcoming Energy Conferences

For the latest Quote and News on ESLR Click Here.


About EverQ

EverQ's existing solar module manufacturing plant in Thalheim, Germany, commenced commercial operations early in the second quarter of 2006. The plant manufactures Evergreen Solar's high-output Spruce Line of photovoltaic panels. Products fabricated by EverQ use Evergreen Solar's patented String Ribbon manufacturing process. String Ribbon is substantially more efficient in the use of silicon than conventional sliced crystalline technologies.

EverQ is a strategic partnership of Evergreen Solar, Inc. of the United States, Q-Cells AG of Germany, and Renewable Energy Corporation ASA of Norway. Evergreen Solar develops, manufactures and markets solar power products using its String Ribbon technology. Q-Cells is the world's largest independent manufacturer of crystalline silicon solar cells. Renewable Energy Corporation is one of the world's largest manufacturers of solar-grade silicon and multicrystalline wafers.


Outlook

Evergreen Solar, a small-cap growth company in the energy sector, is expected to significantly outperform the market over the next six months with average risk. Source MSN


Three Month Chart


Contacts

Evergreen Solar

138 Bartlett Street
Marlboro, MA 01752
Phone: 508-357-2221
Fax: 508-357-2279

investors@evergreensolar.com


SEC Filings

ESLR filings with the SEC can be found here. All Fillings are current and the Company is fully reporting.


Disclaimer

SmallCapReview.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. For continuing coverage of ESLR, please sign up for our free newsletter. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. The information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

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