deals, energy, Solar

$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.