Thursday, March 02, 2006

A Match Made in Marlboro

- Evergreen Solar, Inc. a manufacturer of solar power products with its proprietary, low-cost String Ribbon wafer technology, today announced that it has entered into a multi-year supply contract with Global Resource Options, Inc.. a Vermont-based solar power distributor and system integrator. The agreement calls for Evergreen Solar to ship approximately $88 million of photovoltaic modules to GRO over the next four years, Renewable Access reports.

This is the third such distribution deal Evergreen has made in recent months, totalling some $260 million in sales.

This match of manufacturer and distributor will first affect the Northeast, though Evergreen Solar hopes to expand beyond. According to their press release, Evergreen Solar, Inc. develops, manufactures and markets solar power products using proprietary, low-cost manufacturing technologies. The Company's patented crystalline silicon technology, known as String Ribbon, uses significantly less silicon than conventional approaches. Evergreen's products provide reliable and environmentally clean electric power for residential and commercial applications globally. For more information about the Company: http://www.evergreensolar.com.

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