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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Evergreen Solar - ROE & FCFE Analysis The growth potential of the solar industry as a whole -- and Evergreen Solar (ESLR) in particular, with a geographically diversified contractual backlog -- remains a compelling story. Positive factors include ongoing expansion programs over the next few years, improving operating efficiencies and technological upgrades.However, continuing near-term earnings losses due to high start-up costs, significant capital expenditures, oversupply of solar modules, absence of deep pockets unlike its peers and earnings-dilutive stock issuances may present risks to the near-term share price upside potential.From 2003 through 2008, as the company recorded net earnings losses since inception, stockholders suffered from negative annual returns-on-equity (ROE).Historically, year-over-year, operating profit margins remained volatile and negative, while sales per dollar of assets and financial leverage exhibited relatively high volatility from one year to the next, where the ...