DALLAS, Aug. 13, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Energy Conversion Devices (Nasdaq:ENER). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Energy Conversion Devices (Nasdaq:ENER) should be of particular interest to solar technology companies: First Solar Inc. (Nasdaq:FSLR), Suntech Power Holdings Co. Ltd. (NYSE:STP), LDK Solar Co. Ltd. (NYSE:LDK) and Evergreen Solar Inc. (Nasdaq:ESLR).
It is available at: http://www.beaconequity.com/i/ENER
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Energy Conversion Devices Inc. (ENER) develops, manufactures and markets integrated commercial rooftop photovoltaics (PVs), a fast growing segment of the solar sector. Using proprietary thin-film solar technology, solar energy is converted to electric current. Its UNI-SOLAR brand laminates are light weight, flexible, durable and easy-to-install. The Company also engages in novel nonvolatile digital memory technology that provides advantages to the cell phone, digital cameras and PCs, including faster speed, less expensive and versatile.
In the report, the analyst notes:
"The market for photovoltaics (PV) reached nearly $20 billion in 2008, with estimates of a total market size reaching $34 billion by 2013. The rapid growth in this sector presents varied opportunities, as the direction of this sector is expected to continue indefinitely at varying rates of growth.
"Initially, the most likely leading consumer of PV technology will come from commercial and public entities, as the economic advantages of PV is of paramount concern of stockholders, as well as state and municipal government officials struggling with static or shrinking budgets."
To read the entire report visit: http://www.beaconequity.com/i/ENER
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