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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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

SunPower Corp. (SPWRA) recently teamed up with SunRay Renewable Energy to construct a 24MW solar electric power plant in Montalto di Castro, Italy. This project is the first phase of a planned 100MW development that is expected to be fully operational in 2010.

This would be Italy’s largest operating solar power plant after completion. Spread over 80 hectares, the Montalto di Castro project is owned by SunRay Renewable Energy. The company has engaged SunPower to design and construct the power plant apart from providing ongoing operations and maintenance services for the project. The project is being financed by a consortium of primary international and Italian. Electricity produced at the plant will find a ready market locally and any surplus will be added to Italy’s national electric grid.

SunPower is focused on tapping the rapidly expanding Italian solar market. Its 2008 acquisition of Solar Solutions, a solar systems integration

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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 ...

For Immediate Release

Chicago, IL - May 12, 2009 - Zacks.com announces the latest Industry Outlook. Today's outlook from Zacks Equity Research analyst Jon Kolb discusses the Alt-Energy sector. Highlighted stocks include: Entergy (ETR), FPL Group (FPL), Energy Conversion Devices (ENER), Evergreen Solar (ESLR) and SunPower (SPWRA).

Here is the latest on the Alt-Energy sector:

Solar power is well-suited to match peak energy needs as maximum sunlight hours generally correspond to typical peak demand periods when electricity prices are at their highest. These characteristics increase the value of solar power as compared to other renewable resources that do not align with peak demand periods. 

Solar power products can be deployed in many sizes and configurations to meet the specific needs of the customer. With no moving parts or regular required maintenance, solar power systems are among the most reliable forms of electricity

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MARLBORO, Mass. -- May 7 2009 -- Evergreen Solar, Inc. (Nasdaq: ESLR), a manufacturer of String Ribbon solar power products with its proprietary, low-cost silicon wafer technology, will introduce its new black-framed ES-A Series String Ribbon solar panels at its booth during Solar Expo 2009 in Verona, Italy, May 7-9.

MARLBORO, Mass. and WUHAN, China -- May 1 2009 -- Evergreen Solar, Inc. (NasdaqGM: ESLR), a manufacturer of String Ribbon solar power products with its proprietary, low-cost silicon wafer technology, today announced it has entered into a frame agreement with Jiawei Solar (Wuhan) Co. and the Wuhan Donghu New Technology Development Zone Management Committee which calls for a significant expansion of String Ribbon wafer manufacturing in Wuhan, China.

Evergreen Solar (ESLR) engages in the development, manufacturing and marketing of solar power products worldwide, including solar cells, panels and photovoltaic systems. Its modules are designed for a range of solar electric power applications, including water pumping, communications, outdoor lighting, rural electrification, recreational vehicles and stand-alone or grid-connected AC applications.The growth potential of the solar industry as a whole, and Evergreen Solar in particular -- with a $3 billion and 1GW [gigawatt] contractual backlog -- remains a compelling story. Capacity expansion and progress toward near-term break-even earnings make it one of the fastest growing alternative energy stocks. Positive factors include the significant new multi-year sales contracts, ongoing expansion programs over the next few years, improving operating efficiencies, technological upgrades and planned new string factory. However, continuing earnings losses due to high start-up costs, significant capital expenditures and earnings dilutive stock issuances may present risks ...

Evergreen Solar, Inc. (Nasdaq: ESLR), a manufacturer of solar power products with its proprietary, low-cost String Ribbon wafer technology, today announced the beginning of an 80 MW expansion of its Devens Massachusetts facility.