Underachieving American Superconductor and Evergreen Solar Well Position for US Growth

   Alternative Energy stocks have been volatile of late. While skyrocketing gas prices have led to an increased emphasis on renewable energy, changes in government incentives in Europe and delays for certain projects has caused a pullback for some companies. The Bedford Report examines the outlook for the alternative energy sector and provides equity research on American Superconductor Corporation (NASDAQ: AMSC) and Evergreen Solar, Inc. (NASDAQ: ESLR). Access to the full company reports can be found at:

www.bedfordreport.com/AMSC

www.bedfordreport.com/ESLR

Earlier this year Italy approved a decree that cuts spending on generous solar power incentives. Under the new solar decree, a transitional period with gradual cuts in incentives will start from June 1, 2011 and run to 2013, after which the incentives will automatically be linked to reaching a certain level of installed capacity.

Alternative energy in the US remains positioned for growth, however, as the Obama Administration has made it clear that green technologies such as wind and solar power will create the American jobs of the future. Perhaps the greatest sign of all is the solar energy tax legislation, the Treasury Section 1603 Program, which President Barack Obama signed into law in December.

The Bedford Report releases stock research on the alternative energy sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

The Obama administration is seeking to boost the use of wind power and has begun to take steps to speed up the approval process for offshore wind energy leases. The Administration argues that renewable energy represents both a means to reduce reliance on petroleum as well as a way to boost American manufacturing and jobs. According to the American Wind Energy Association (AWEA), wind is about a quarter the cost of solar power. Back in 2008, the AWEA estimates Wind-power projects created 35,000 new jobs.

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