In The Zone

ESLR – Evergreen Solar, Inc.

Evergreen Solar, Inc. develops, manufactures, and markets solar power products primarily in Europe and the United States. It utilizes its proprietary String Ribbon technology process in manufacturing ribbons of crystalline silicon, which are then cut into wafers. These wafers are the primary components of photovoltaic cells that are used to produce solar panels. The company principally offers solar wafer, a flat piece of crystalline silicon that can be processed and assembled into a solar cell; solar cell, a device made from a silicon wafer that converts sunlight into electricity; and solar panel, an assembly of solar cells that are electrically interconnected and laminated for electric power generation, such as on-grid and off-grid generation. Evergreen sells its products through distributors, systems integrators, and value-added resellers. It has a strategic partnership with Q-Cells AG. The company was founded in 1994 and is headquartered in Marlboro, Massachusetts. Evergreen Solar ended trading on Friday at $2.21 up $0.04 or 1.84 percent on 3.29 million volume.