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Evergreen Solar Inc

 
Hoover's Profile: Evergreen Solar, Inc.
(NASDAQ (GM):ESLR)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Evergreen Solar, Inc.
138 Bartlett St.
Marlboro, MA 01752
MA Tel. 508-357-2221
Fax 508-229-0747

Type: Public
On the web: http://www.evergreensolar.com
Employees: 801
Employee growth: 100.3%

In the theater of alternative energy, Evergreen Solar is a rising star. Using a proprietary, low-cost silicon wafer manufacturing technology, String Ribbon, the company makes and markets solar power products including solar cells, panels, and systems. Residential and commercial applications for Evergreen's solar modules (assemblies of photovoltaic (PV) cells) range from highway call boxes to street and billboard lighting, and on-grid and off-grid rural electrification. It sells solar panels made by Sovello under the Evergreen brand. Leading customers include Krannich Solartechnik, Donauer Solartechnik, and SunPower Systems.

Key numbers for fiscal year ending December, 2008:
Sales: $112.0M
One year growth: 60.2%
Net income: ($84.9)M

Officers:
Chairman, President, and CEO: Richard M. Feldt
CFO and Secretary: Michael (Mike) El-Hillow
VP Strategy and Business Development: Richard G. Chleboski

Competitors:
BP Solar
Kyocera Solar
SANYO Semiconductor

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