Evergreen Solar Announces $200 Million Sales Agreement With SunEdison?


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(China5e.com, Jul 24, 2006)Evergreen Solar, Inc., a manufacturer of solar power products, announced it will ship approximately $200 million of photovoltaic modules to SunEdison, LLC over the next five years ?its largest sales agreement to date.
"This agreement with SunEdison underscores the growth potential of our photovoltaic module product line and aligns our company with an emerging solar power leader," said Richard M. Feldt, Evergreen Solar's president and chief executive officer. "The agreement also demonstrates the strategic importance of EverQ - our partnership with Q-Cells and Renewable Energy Corporation. The recent announcement of our intention to expand EverQ's capacity to 80MW in 2007 and up to 300MW by 2010 enables us to continue forging long- term customer agreements with solar industry leaders like SunEdison."

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