Evergreen Solar Signs New Sales Contracts of Approximately $1 Billion

Marlboro, USA - Evergreen Solar, Inc., a manufacturer of solar power panels with its proprietary, low-cost String Ribbon

Evergreen Solar and German-based Ralos Vertriebs GmbH signed an agreement valued at approximately $750 million for panel deliveries beginning in 2008 and extending through 2013. Combined with another agreement with a United States-based installer, Evergreen has new contractual backlog of approximately $1 billion.

The solar panels for these two contracts will be manufactured at the company

Source: IWR Online, 30 May 2008