Zacks Industry Outlook Highlights: Evergreen Solar Inc., JA Solar Holdings Co Ltd., A-Power Energy Generation System, LDK Solar Company Ltd. and First Solar Inc.

Thu Nov 5, 2009 5:00pm EST
 
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CHICAGO--(Business Wire)--
Zacks.com releases the latest Industry Outlook. Today, Zacks Equity Research
discusses the Alternative Energy Industry, including Evergreen Solar Inc.
(Nasdaq: ESLR), JA Solar Holdings Co Ltd. (Nasdaq: JASO), A-Power Energy
Generation System (Nasdaq: APWR), LDK Solar Company Ltd. (NYSE: LDK) and First
Solar Inc. (Nasdaq: FSLR). 

A synopsis of today`s Industry Outlook is presented below. The full article can
be read at http://www.zacks.com/stock/news/26898/Alternative+Energy. 

Alternative energy stock prices generally rise and fall in direct proportion to
the price of crude oil. While in times of high oil prices this may present an
opportunity, it also increases volatility in the sector. 

Industry-wide excess solar cell and module capacity have led to stockpiling
across the board. As a result, we think the performance of companies such as
Evergreen Solar Inc. (Nasdaq: ESLR), JA Solar Holdings Co Ltd. (Nasdaq: JASO),
A-Power Energy Generation System (Nasdaq: APWR) and LDK Solar Company Ltd.
(NYSE: LDK) -- burdened as they are with high inventory levels -- will remain
under pressure in the near term. 

Germany, one of the prime solar markets with a lucrative subsidy program, is
considering a roll-back of its grants. This will affect companies such as First
Solar Inc. (Nasdaq: FSLR), who generate a substantial portion of their sales
from Germany. 

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analysis from Zacks Equity Research. Subscribe to this free newsletter today by
visiting http://at.zacks.com/?id=2679. 

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Disclaimer: Past performance does not guarantee future results. Investors should
always research companies and securities before making any investments. Nothing
herein should be construed as an offer or solicitation to buy or sell any
security.

Zacks.com
Mark Vickery, 312-265-9380
Visit: www.zacks.com

Copyright Business Wire 2009

 

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