Massachusetts-based Evergreen Solar Inc. (ESLR) reported fiscal third-quarter loss per share of 6 cents, narrower than the Zacks Consensus Estimate of a loss 8 cents. This was less than half as compared to the year-ago loss of 13 cents per share. Earlier, the impact had come from rock bottom average selling prices (ASPs).      In the reported quarter, Evergreen improved its manufacturing cost to $2.24 per watt from $2.70 per watt in the second quarter of fiscal 2009. Similarly, wafer manufacturing cost also fell to approximately 75 cents per watt from 85 cents per watt in the second quarter of fiscal 2009.   Evergreen clocked revenues of $77.7 million in the reported quarter, compared to $63.8 million in the previous quarter and $22.1 million in the year-ago quarter. Product sales for the quarter were $75.5 million while royalty and fee revenues were $2.2 million. Gross margin ...

For Immediate Release

Chicago, IL – November 5, 2009 – Zacks.com announces the latest Industry Outlook. Today, Zacks Equity Research discusses the Alternative Energy sector, including Evergreen Solar Inc. (ESLR), JA Solar Holdings Co Ltd. (JASO), A-Power Energy Generation System (APWR), LDK Solar Company Ltd. (LDK) and First Solar Inc. (FSLR).

A synopsis of today’s Industry Outlook is presented below. The full article can be read at http://www.zacks.com/stock/news/26898/Alternative+Energy.

Alternative energy stock prices generally rise and fall in direct proportion to the price of crude oil. While in times of high oil prices this may present an opportunity, it also increases volatility in the sector.

Industry-wide excess solar cell and module capacity have led to stockpiling across the board. As a result, we think the performance of companies such as Evergreen Solar Inc. (ESLR), JA Solar Holdings Co

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OUTLOOK The Alternative Energy industry is going through a recovery after absorbing the global recession and the cascading fall in global crude oil prices. Earlier this year, quite a few alternative energy companies were in the trough. Though these companies have recovered from their lows, their valuations are still significantly lower than their 52-week highs. The growth of alternative energy companies is closely tied to the fortunes of the economy. In its latest release, the Energy Information Administration (EIA) predicted that total U.S. electricity consumption will decline by 3.3% in 2009 before growing by 1.3% in 2010 as the improving economy coaxes a gradual recovery in electricity sales. In fiscal 2008, annual U.S. photovoltaic (PV) installed capacity grew by 63% year-over-year, bringing the cumulative installed capacity to 792MW. According to the Solar Energy Industries Association (SEIA) -- the U.S. trade association representing close to 500 companies ...

Evergreen Solar Inc. has emerged as a recognizable figure in the solar power industry. The company develops, manufactures and markets String Ribbon™ solar power products for residential and commercial applications around the world.

The solar manufacturer today announced the recent opening of its Europe-based headquarters in Berlin, Germany, which is expected to extend the reach of the company’s presence in the German market. With headquarters in Berlin, the company anticipates taking advantage of solar incentives and the accelerated business growth in Europe.

“Berlin is an ideal location for us to establish our European headquarters,” Peter Rusch, managing director of Evergreen Solar GmbH and vice president of Sales for Evergreen Solar stated in the press release. “Our excellent products and strong relationships with customers have allowed us to establish ourselves very quickly as a leader across the European market.”

In 2002, Evergreen Solar launched European operations and became a fully-registered German

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SunPower Corporation (SPWRA) has reported third quarter earnings of 28 cents per share, a penny above the Zacks Consensus Estimate of 27 cents. However, the company trimmed its outlook for fiscal 2009. The company revised its revenue guidance for fiscal 2009 to be in the range $1.43 - $1.5 billion from the earlier guidance range of $1.35 - $1.7 billion. Likewise, the company revised its earnings of share (EPS) guidance range for fiscal 2009 to 50 - 60 cents from earlier guidance range of 45 - 90 cents. SunPower’s top line rose to $466 million in the quarter from $298 million in the second quarter of 2009 and $378 million in the third quarter of 2008. In the reported quarter, its Components and Systems segments generated 64% and 36% of revenues, respectively. In the reported quarter, SunPower reported GAAP gross margin of 19.1% and operating income ...

MARLBORO, Mass. and BERLIN - October 26 2009 - Evergreen Solar, Inc. (NasdaqGM: ESLR), a manufacturer of String Ribbon solar power products with its proprietary, low-cost silicon wafer technology, today announced that it has opened a new European headquarters in Berlin, Germany

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Alexandria Real Estate Equities Inc (ARE) American Commercial Lines Inc (ACLI) Ameren Corp (AEE) Arris Group Inc (ARRS) Assisted Living Concepts Inc (ALC) Astec Industries Inc (ASTE) Blackrock Kelso Capital Corp (BKCC) CapLease Inc (LSE) Cascade Bancorp (CACB) Cheniere Energy Inc (LNG) Ciber Inc (CBR) Community Trust Bancorp Inc (CTBI) EnPro Industries Inc (NPO) Evergreen Solar Inc (ESLR) Fair Isaac Corp (FICO) First Industrial Realty Trust Inc (FR) ...

Evergreen Solar, Inc. is a young company that has been gaining national attention with its STRING RIBBON solar products that feature proprietary, low-cost silicon wafer manufacturing technology. Today, Evergreen took a major step towards enhancing its future with the announcement that they are going to introduce its new ES-C Series solar panels. These solar panels are designed to substantially expand the company’s offering for the global off-grid market. This new line of 80, 120 and 125 W panels will be manufactured by Evergreen Solar’s contract manufacturing partner, Jiawei Solarchina Co., Ltd., using cells supplied by Evergreen Solar.

The ES-C Series of panels are unique because of their vast array of coverage. The panels are suitable for 12, 24 or 48V battery charging in a wide variety of off-grid applications and provide higher voltages for superior battery charging performance, particularly in hotter climates.

When asked about the impact of the

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NEW YORK, Sept. 9 /PRNewswire/ — The Ardour Global Alternative Energy Index(SM) (TICKER: AGIGL) will add seven new components, effective 6:00 PM (EDT) Sunday, September 20, 2009. Three stocks will be deleted from the index, changing the number of index components to 113. The changes result from the quarterly rebalancing of the index.

Additions to AGIGL are: Ballard Power Systems Inc. (TICKER: BLD CN); UQM Technologies Inc. (TICKER: UQM US); US Geothermal Inc (TICKER: HTM US); Rino International Corp. (TICKER: RINO US); OPCON AB (TICKER: OPCO SS); Franklin Electric (TICKER: FELE US) and Green Plains Renewable Energy (TICKER: GPRE US).

The deletions from AGIGL are: Conergy AG (TICKER: CGY GR); Ocean Power Technologies (TICKER: OPTT US) and Plug Power Inc. (TICKER: PLUG US).

A complete list of constituents and weights will be posted on the AGI family of alternative energy indexes web site, (http://ardour.snetglobalindexes.com/about_the_indexes.php).

The Ardour Global Alternative Energy Index(SM)

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Most people associate solar power with photovoltaic cells used to generate electricity, or perhaps solar water heaters, or even large solar power plants, where the heat of the sun is used to produce steam which runs turbines to produce electricity. It’s easy to forget that most other energy sources also trace back to the sun.

The simplest of fuels, wood, is produced when trees capture the sun’s energy to build the hydrocarbons necessary for growth. Fossil fuels come from buried organic matter produced ages ago from ancient plants that also depended upon the sun. Wind energy comes from the sun heating up the atmosphere creating convection currents. Hydropower comes from the sun’s energy evaporation of sea water, carrying it into the sky where it later falls as rain, generating power as it falls back to the sea. In fact, with the exception of nuclear power and geothermic power, all our

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