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Evergreen Solar to Build $150 M Manufacturing Facility in Massachusetts

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skids Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-19-07 06:55 AM
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Evergreen Solar to Build $150 M Manufacturing Facility in Massachusetts

Good to see it here in MA. Even if it is in the Shrubbery.




Slated to begin construction in the fall, a new $150 million solar manufacturing plant being developed by Evergreen Solar Inc. is expected to boost the Massachusetts economy and create more than 350 jobs when it comes online in 2008.

"Governor Deval Patrick's vision for broad scale solar power adoption through an innovative solar incentive program as well as the creative financial incentive programs that the Governor, the Legislature and the Town of Westborough are expected to provide were key factors in our decision to expand in Massachusetts." -- Richard M. Feldt, Evergreen Solar, chairman, president and CEO

The planned facility, which will be located on the Massachusetts Technology Collaborative (MTC) campus in Westborough, Massachusetts, will be built with the help of state support, including up to $23 million in grants, up to $17.5 million in low-interest loans and a low-cost, 30-year lease of MTC land.

Evergreen Solar currently operates its prototype production and solar manufacturing facility using it's proprietary String Ribbon wafer technology in Marlboro, Massachusetts. The new plant is expected to increase the company's capacity in The Commonwealth by 70 megawatts (MW) and double its employee base to more than 600 employees.

http://www.renewableenergyaccess.com/rea/news/story?id=48183



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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-19-07 09:39 AM
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1. Nice. I was a bit disappointed when their first major venture was the German facility.
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hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-19-07 10:17 AM
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2. This is a good thing.
:thumbsup:


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