Replies to post #346 on Evergreen Solar Inc. (fka ESLRQ)

[MARKETEDGE]

The " Obama-factor ". Most Democrats who have won congressional races usually promise to invest in clean energy. Many of the solars also trade at small fractions of their recent highs and have low forward P/E ratios. ( ex. SOLF TSL , Canadian Solar )

[User-65225]

From 12/4... I expect the Obama alt energy buzzzz to roll back into this plan in January. Smart money is accumulating NOW, while its quiet IMO... Obama will start detailing his stimulus plan SOON and a BIG part of his plan is ALTERNATIVE ENERGY. I dont see it taking much sector hype to rocket ESLR through $5.00, this is why im bettin on the January $5 calls @ .10.. tick tock...

Evergreen Solar, Inc. (Public, NASDAQ:ESLR) is near an all time low, and we think investors are overlooking the potential the stock has. Prior to the November 4th elections, Evergreen made a nice 100% gain on the outlook of the Obama presidential ticket. Well, investors got what they wanted, but Evergreen’s momentum has since fizzled out, falling back down near its 52 week low – currently at $2 and change.

In spite of that, the Solar Sector is heating back up, when you look at related companies in the Solar Sector (Prices as of Tuesday, December 3rd):

On October 15th, Evergreen announced it has signed two new long-term sales contracts totaling more than 160 MW. The first is with Mainstream Energy Corporation and AEE Solar, Inc., a leading wholesale distributor in North America; the second contract is with, one of the top-tier general trading companies in Japan.. The combined contracts extend the company’s total contractual backlog to more than 1 GW. Shipments under these contracts will begin in 2009 and continue through 2012.

The solar panels for these two contracts will be produced at the company’s Devens, Massachusetts, facility and at the company’s next factory. With these contracts, the Devens facility has now sold 100 percent of its 160 MW manufacturing capacity from 2010 and beyond.

“Despite the current uncertainty in the financial markets and concerns regarding the availability of credit to fund major projects, the demand for our products among our customers remains strong.” said Richard M. Feldt, Evergreen Solar’s chairman, president and chief executive officer.

Stockmasters, while the Solar Industry is feeling some heat, all it’s really going to take for Evergreen’s share price to move upwards is some kind words on alternative energy from the President Elect. And that my friends, is just a matter of time. Evergreen has a lot of upside potential and not very much downside at this time – take advantage of the low share price while you can.

http://www.thestockmasters.com/EvergreenSolar-ESLR-12042008.html

[MARKETEDGE]

Bring on Barack ! I'd like to start 2009 as soon as possible and put 2008 way behinds us.

[MARKETEDGE]

Can you smell what Barack is cooking? I can ....

It's solar !


Barack Obama plan could boost U.S. Solar Energy development: Gartner
By admin on December 8th, 2008




Stamford, Conn. - As president, Barack Obama could usher in a new era of solar energy development in the United States, but he will face economic difficulties that might be a barrier to more expensive renewable initiatives, according to a research director at Gartner, Inc.


James Hines, a lead Gartner analyst on solar energy technologies, said the U.S. has the potential to overtake Germany as the largest photovoltaic market within a few years.

However, he noted that demand for solar energy remains dependent on government subsidies because it costs more than conventional forms of electric-power generation. The new U.S. administration could help encourage investment in solar energy projects if it succeeds in implementing some of its plans, which is more likely with the Democrats’ expanded majorities in both houses of Congress.

This increased emphasis on renewable energy and the extension of the 30 percent investment tax credit for solar projects, which passed last month, could finally help realize the nation’s “vast potential for solar energy,” he added.

According to Hines, President-elect Obama’s alternative energy plan, called New Energy for America, could have a significant impact on the U.S. solar industry. The plan’s provisions include:

* A federal renewable portfolio standard (RPS) that requires 10 percent of electricity consumed in the U.S. to come from renewable sources by 2012.
* A $150 billion investment over 10 years in research, technology demonstration, and commercial deployment of clean energy technology.
* Extension of production tax credits for five years to encourage renewable energy production.
* A cap-and-trade system of carbon credits to provide an incentive for businesses to reduce greenhouse gas emissions.

Economic snags
There are potential barriers to New Energy for America, Hines noted. The new presidential administration will face a difficult economic situation that could curtail the plan, and expensive government programs will be hard to enact as a recessionary economy cuts into tax receipts.

“It is likely that the RPS will be passed during 2009, which will provide a strong boost to U.S. demand for solar energy,” Hines predicted. “The other provisions, which require significant spending or tax incentives, might have to wait until the economy starts to recover.”
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