Evergreen Solar Inc. ( NASDAQ: ESLR ) is a Marlboro, Massachusetts-based
developer, manufacturer and marketer of String Ribbon solar panels, using its
wafer manufacturing technology. The wafers produced by the company are the main
components of photovoltaic cells, which are used to produce solar cells. The
company today said that its Board approved a recapitalization plan that would
lower its debt and interest expenses, raise capital and implement a reverse
stock split. The company said that it is looking to align its capital structure
with its current business model with the recapitalization plan. The penny stock
of Evergreen Solar has a 52-week range of $0.60-$1.87. Year-to-date, the stock
is down 52.67%. ReneSola Ltd. (ADR) ( NYSE: SOL ) is a China-based company,
engaged in the manufacturing of solar wafers and production of solar power
products. The company has a worldwide network of supplier and customers that
include some of the global manufacturers of solar cells and modules. Last month,
ReneSola announced its third-quarter financial results, posting an increase of
25.8% in total solar wafers and module shipments. The company reported record
net revenue of $358.7 million, representing an increase of 41.3%. The company
posted net income of $60.1 million for the third quarter of 2010. The ADRs of
ReneSola have a 52-week range of $4.01-$15.34. Year-to-date, the ADRs are up
94.96%. Canadian Solar Inc. ( NASDAQ: CSIQ ) is a Canada-based designer,
developer, manufacturer and seller of solar cell and module products that
convert sunlight into electricity for a variety of uses. The company conducts
its manufacturing operations in China. Canadian Solar announced its
third-quarter financial results last month. The company reported net revenue of
$377.2 million for the third quarter of 2010, compared with $328.7 million
reported in the second quarter of 2010. The company posted net income of $20.3
million, or $0.47 per diluted share, compared with $3.2 million, or $0.07 per
diluted share reported for the second quarter of 2010. The small cap stock of
Canadian Solar has a 52-week range of $8.99-$33.68. Year-to-date, the stock is
down 52.46%. First Solar Inc. ( NASDAQ: FSLR ) is a Tempe, Arizona-based
company, engaged in the manufacturing and sales of solar modules with an
advanced thin film semiconductor technology. The company designs, constructs and
sells PV solar power systems. First Solar announces its third-quarter financial
results back in October. The company reported net sales of $797.9 million for
the third quarter of 2010, an increase of $210 million from the second quarter
of 2010. The increase in net sales was mainly due to increased system sales. The
First Solar stock has a 52-week range of $98.71-$153.30. Year-to-date, the stock
is down 1.11%. LDK Solar Co. Ltd. ( NYSE: LDK ) is a China-based company,
engaged in the production of solar wafers in terms of capacity. The company
sells multi-crystalline and mono-crystalline wafers to manufacturers of solar
cells and modules. The LDK Solar stock has a 52-week range of $4.97-$15.10.
Year-to-date, the stock is up 58.06%.
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