Sunday, October 16, 2011
Growing pains in the solar PV industry
In late 2007, Evergreen Solar hit an all-time high with a $9.8 billion market cap. Less than four years later, it has filed for bankruptcy, with its secured debtors trying to recoup $165 million in notes from an asset fire sale. Its unsecured debtors, meanwhile, pray that Evergreen’s assets might exceed that figure, leaving something ...
See full Article.