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$600M More for Evergreen Solar

Erik Mellgren 6/19/08

Evergreen Solar (NASDAQ: ESLR) has signed two new long-term orders, valued at approximately $600 million, bringing the company’s total contractual backlog up to $1.7 billion. The new orders, combined with two similar multiyear contracts announced last month, represent more than 65 per cent of the capacity in Evergreen’s Devens, MA, plant.

Erik Mellgren is a Swedish journalist who worked for Xconomy Boston in 2008 as part of the Stanford Innovation Journalism Fellowship program. His real job is with Ny Teknik, a leading technology and innovation magazine in Sweden, but he loved seeing the Red Sox at Fenway.


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