Evergreen Solar, Inc. (Nasdaq: ESLR), a manufacturer of solar power products, announced it has begun a "phase 2" expansion of its Devens, Massachusetts facility, before the first phase of the plant has even opened.
"Phase 1 of our Devens site is on schedule to open by mid 2008 and begin its ramp up to 80 MW of production in 2009. We expect to complete Phase 2 by early 2009 and it should be at its full 80 MW annual capacity by the end of 2009, bringing total site capacity to approximately 160 MW," said Richard M. Feldt, Evergreen Solar’s chairman, president and CEO.
"With this expansion, we will have approximately 1000 employees in Massachusetts in 2009, triple our employee base today," Feldt said.
About Evergreen Solar, Inc.
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, the company says.
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