Washington, United States
Evergreen Solar, Inc. is a company that specializes in developing, manufacturing, and marketing STRING RIBBON™ solar power products through its unique, cost-effective wafer technology. The company's patented wafer manufacturing process sets itself apart by utilizing considerably less polysilicon than conventional methods, making its products more efficient and eco-friendly. Founded in 1994 and headquartered in the United States, Evergreen Solar aims to provide reliable and environmentally clean electric power for residential and commercial applications worldwide.
The company's most recent notable investment took place on 24 March 2003, with a $29.50M Post-IPO Equity investment from a group of investors including RockPort Capital, Aretê Corporation, Credit Suisse, Rockefeller Capital Management, SAM Private Equity, SAM Smart Energy, Zero Stage Capital, Merrill Lynch, Beacon Power, and the Massachusetts Renewable Energy Trust.
This particular investment signifies a strong vote of confidence from seasoned investors in Evergreen Solar's unique technology and its potential to make a significant impact in the Energy and Renewable Energy industries. With an established track record and a solid backing, Evergreen Solar is well-positioned to capitalize on the growing global demand for sustainable energy solutions.
