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Evergreen Solar, Inc. (ESLR.OB) Launches New Line of Solar Panels for the Off-Grid Market

Evergreen Solar, Inc. is a young company that has been gaining national attention with its STRING RIBBON solar products that feature proprietary, low-cost silicon wafer manufacturing technology. Today, Evergreen took a major step towards enhancing its future with the announcement that they are going to introduce its new ES-C Series solar panels. These solar panels are designed to substantially expand the company’s offering for the global off-grid market. This new line of 80, 120 and 125 W panels will be manufactured by Evergreen Solar’s contract manufacturing partner, Jiawei Solarchina Co., Ltd., using cells supplied by Evergreen Solar.

The ES-C Series of panels are unique because of their vast array of coverage. The panels are suitable for 12, 24 or 48V battery charging in a wide variety of off-grid applications and provide higher voltages for superior battery charging performance, particularly in hotter climates.

When asked about the impact of the ES-C, Evergreen Senior Vice-President of Sales Dr. Terry Bailey said, “The ES-C Series enables Evergreen Solar to capitalize on the expanding off-grid solar market and further positions the company as a leader in the global solar industry. Like all Evergreen Solar products this product line has been designed with differentiating performance characteristics to distinguish them from commodity-like competitors and provides better battery charging capability than other major brands. At the same time, we are proud to lead the industry in environmental credentials with the smallest carbon footprint and the quickest energy payback of any silicon-based panel available today.”

Currently, Evergreen is trading in the $1.94 range. With the new line of solar panels and an aggressive management team in place, Evergreen is quickly becoming a friend of the environment and investors.

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