DALLAS, Nov. 19, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Evergreen Solar Inc. (Nasdaq:ESLR). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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Evergreen Solar Inc. (ESLR) develops, manufactures and markets solar power products primarily in the United States and Europe. The Company manufactures String Ribbon solar panels utilizing its proprietary wafer manufacturing technology, which involves a process to produce multi-crystalline silicon wafers by growing thin strips of silicon that are cut into wafers. Its products include wafers, which are flat pieces of crystalline silicon that can be processed and assembled into solar cells; cells, devices made from silicon wafer and convert sunlight into electricity by means of a process known as the photovoltaic effect; and panels, which are assemblies of solar cells that are electrically interconnected and laminated in a durable and weather-tight package. It sells its products through domestic and international distributors, system integrators, project developers and other resellers. The company has a strategic partnership agreement with Q-Cells AG.
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In the report, the analyst notes:
"ESLR has narrowed its loss for the third quarter and posted record shipments of 42.6 MW, compared with 39.8 MW in the second quarter. The Company said its manufacturing costs dropped 3.1% to $1.88 per watt from $1.94 per watt in the second quarter of 2010.
"ESLR has recently unveiled its new ES-E Series String Ribbon solar panels. According to the Company, these ISO 9001 certified panels feature a higher voltage making them micro-inverter compatible for residential installation. In addition, they are IEC 61701 salt-mist certified, making them ideal for installations in coastal regions."
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