Evergreen Solar’s Fall $ESLR
The solar industry in 2000 was tiny compared to the current market,totaling somewhere in the 175 megawatt range, a figure that pales incomparison to the approximately 12 to 15 gigawatts that will ship in 2010. At the time, Evergreen’s string ribbon technology seemed to offer aninnovative, lower-cost alternative to conventional crystalline silicongrowth with the potential to lower the amount of silicon per watt.
But a decade of scaling-up and innovation across the solar value chainwould appear to have left the once-lauded Evergreen behind.
In2009, Evergreen started closing down domestic module production and auctioningoff equipment.
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