Evergreen Solar Announces $125 Million Distribution Agreement With Donauer Solartechnik

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evergreen_logo.gifEvergreen Solar Inc (ESLR) announced that it has entered into a multi-year supply contract with Donauer Solartechnik, a German-based solar power distributor. The agreement calls for Evergreen Solar to ship approximately $125 million of photovoltaic modules to Donauer over the next four years, based on current exchange rates. [ more ] The German solar market is currently the largest market in the world and these types of partnerships are critical to getting a foothold into that marketplace. The shares of ESLR are currently trading up over 3% today on the news.

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  1. Solar systems are in demand and with time they are bringing enormous benefits with it, even alone, the savings on certain percentage of energy.

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