Evergreen Solar grabs $1 Billion in solar panel contracts (Mass.)

[jpak]

http://www.bizjournals.com/masshightech/stories/2008/05/19/daily37.html

Solar power panel maker Evergreen Solar Inc. has signed the second of two long-term sales contracts valued at a total of $1 billion.

A $750 million contract signed on Wednesday ensures Marlborough-based Evergreen Solar (Nasdaq: ESLR) will deliver its solar panels to Germany-based Ralos Vertriebs GmbH, a company involved in photovoltaics and large-scale solar power plants, through 2013.

Another contract the solar cell company reports it landed last week with a U.S.-based installer brings recent contract values to $1 billion.

Evergreen Solar develops its String Ribbon wafer technology, which the company says uses less polysilicon than average, at its Devens facility.

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[IndyOp]

1. Too damn bad renewable energy isn't feasible. (n/t)

:sarcasm:

[FREEWILL56]

3. Could you be more specific as to how and why solar energy

(which is a renewable) isn't feasable? Also add, isn't feasable to what?

[IndyOp]

5. I put a sarcasm tag in the body of my post...

I believe that solar and wind and cellulosic ethanol from trash are all feasible. They aren't as profitable for mega-corporations, which is why mega-corporations say they are not feasible.

I like your avatar very much. :D

[FREEWILL56]

6. Sorry as I missed the sarcasm. My bad.

Thank you, I like it too and I miss the music he would've made had he still been around, but he found out how screwed up this world really is and he became a target of it. Far worse now than back in 1980 IMHO. I also miss George, but I'm more partial to John's music.

[arendt]

2. Good news for the MA economy!

But, the rest of the story reports infighting among the Evergreen management. Stay tuned, I guess.

arendt

K&R

[quiet.american]

4. Their stock is usually in a downward spiral or flatlined - no wonder it was up today! Great news. nt