10Q Detective

Evergreen Solar: Weak Q1, Running Out of Cash

Share price has doubled in past month -- despite troubling future at company.

10qdetective.blogspot....

Evergreen Solar: Why This Overlooked Company Is a Good Investment

You excluded one important risk consideration: In order to meet manufacturing targets for 2010 - 2013, however, Evergreen will need to improve operating efficiencies, expand capacity at the Devens facility, and build a planned new factory — which will require additional working capital.

industry.bnet.com/ener.../

The 'Problem' With Solar Companies is Not Really a Problem

Raven: Sorry to cloud your sunny day, but SolarFun does have a credit problem. $143 million in ST-debt, backed by Founder Lu (who gets a 2% generation fee worth about $2,4 miilion per annum). Total cost of ST capital is more than 8.35% --which is high.

Transparency troubles: industry.bnet.com/ener.../

And, GCL supply contract has some undisclosed wrinkles:
industry.bnet.com/ener.../

My Best & Stay in touch!

David J Phillips - Editor, 10qdetective.blogspot....
Contributing Energy Analyst
CNET/BNET

A Second Try for Evergreen Solar

Because of the potential for ramping up its production and dramatic cost reduction, however, sun watchers should not routinely dismiss Evergreen Solar as just another player in the future of solar.

industry.bnet.com/ener.../