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Technology Stocks : ESLR - Evergreen Solar

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From: bob zagorin9/10/2008 12:19:40 PM
1 Recommendation   of 112
 
Evergreen in talks to license technology
Wed Sep 10, 2008 10:26am EDT

NEW YORK, Sept 10 (Reuters) - Evergreen Solar Inc (ESLR.O: Quote, Profile, Research, Stock Buzz) is in talks to license its new solar thin-film technology to other solar panel makers and could reach agreements in the next 12 to 18 months, Chief Financial Officer Michael El-Hillow said on Wednesday.

"We are currently in discussions with many of the 'world leaders' in the industry, if you will, about our wafers and technology," El-Hillow told an investor conference.

Evergreen, which is currently ramping up production of its flexible, thin film solar cells, expects to bring on line a new technology that would produce four of its "string ribbons" at a time, rather than its current output of two ribbons. (Reporting by Matt Daily, editing by Gerald E. McCormick)
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