Big Solar Contracts for Evergreen, GT Solar

In separate announcements yesterday, New England solar equipment suppliers Evergreen Solar and GT Solar said they’d won big contracts from companies in Japan, Taiwan, and the United States.

Marlborough, MA-based Evergreen (NASDAQ: [[ticker:ESLR]]), which manufactures silicon solar panels using a proprietary “string ribbon” process, said that it had signed one contract with North American solar wholesaler Mainstream Energy Corporation and its subsidiary AEE Solar and another with an unnamed Japanese trading company. The two orders—for panels that will produce more than 160 megawatts of power, all told—will be delivered over a three-year period stretching from 2009 to 2012, the company said. Evergreen didn’t specify the amounts of the contracts, which bring the company’s total backlog of solar-panel orders to more than 1 gigawatt.

GT Solar (NASDAQ: [[ticker:SOLR]]) of Merrimack, NH, released a more detailed announcement, saying that Taiwan-based Top Green Energy Technologies had ordered solar cell manufacturing equipment worth $46.8 million. The order included reactors, converters, and other equipment Top Green needs to make polysilicon photovoltaic cells. It was GT Solar’s first sale to a company in Taiwan, and its “most comprehensive polysilicon production equipment and services agreement to date,” according to the announcement.

Author: Wade Roush

Between 2007 and 2014, I was a staff editor for Xconomy in Boston and San Francisco. Since 2008 I've been writing a weekly opinion/review column called VOX: The Voice of Xperience. (From 2008 to 2013 the column was known as World Wide Wade.) I've been writing about science and technology professionally since 1994. Before joining Xconomy in 2007, I was a staff member at MIT’s Technology Review from 2001 to 2006, serving as senior editor, San Francisco bureau chief, and executive editor of TechnologyReview.com. Before that, I was the Boston bureau reporter for Science, managing editor of supercomputing publications at NASA Ames Research Center, and Web editor at e-book pioneer NuvoMedia. I have a B.A. in the history of science from Harvard College and a PhD in the history and social study of science and technology from MIT. I've published articles in Science, Technology Review, IEEE Spectrum, Encyclopaedia Brittanica, Technology and Culture, Alaska Airlines Magazine, and World Business, and I've been a guest of NPR, CNN, CNBC, NECN, WGBH and the PBS NewsHour. I'm a frequent conference participant and enjoy opportunities to moderate panel discussions and on-stage chats. My personal site: waderoush.com My social media coordinates: Twitter: @wroush Facebook: facebook.com/wade.roush LinkedIn: linkedin.com/in/waderoush Google+ : google.com/+WadeRoush YouTube: youtube.com/wroush1967 Flickr: flickr.com/photos/wroush/ Pinterest: pinterest.com/waderoush/