Energy Conversion Devices, Inc. (ENER) – Financial and Strategic SWOT Analysis Review

Summary

Energy Conversion Devices, Inc. (ECD) is a solar energy company engaged in designing, manufacturing, and selling photovoltaic products. It offers solar PV products for rooftop and building integrated photovoltaic (BIPV) applications. ECD is also expanding its portfolio of solutions in the low load-bearing building applied (BAPV) market. The company receives fees and royalties from the licensees of its nickel metal hydride (NiMH) battery technology and sells high performance nickel hydroxide used in NiMH batteries. ECD holds 260 US patents and more than 275 foreign patents covering basic material compositions, product applications, and manufacturing processes. The company has manufacturing facilities in Auburn Hills and Greenville, Michigan, Tijuana, Mexico and a joint venture manufacturing operation in Tianjin, China. ECD is headquartered in Michigan, the US.

Energy Conversion Devices, Inc. Key Recent Developments…

Jul 11, 2011: ECD Names Subhendu Guha As Chairman Emeritus Of United Solar
May 11, 2011: Toys R Us Announces Plans To Install Rooftop Solar Power System At Distribution Center In New Jersey, US
May 10, 2011: ECD Reports Total Revenues Of $21.5m In Q3 Fiscal Year Ended 2011
May 10, 2011: ECD Appoints Jay Knoll As Interim President
May 05, 2011: UNI-SOLAR Photovoltaics To Power Railway Station In China

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