Replies to post #1294 on Evergreen Solar Inc. (fka ESLRQ)

[maybe_this_time]

Looks like they may have something significant going on:

In light of ongoing discussions and negotiations with certain noteholders, the Company has cancelled the previously scheduled conference call that had been arranged for Friday, May 13, 2011 at 8:30a.m. ET.

This is encouraging, if they can excecute and survive the debt payments....

Focusing on Evergreen Solar’s future as a supplier of low cost, high performance standard size solar wafers, Mr. Michael El-Hillow, President and Chief Executive Officer, notes, “The success of a high volume solar panel manufacturer will be best reflected in its ability to decrease its total cost profile. We expect to achieve a total wafer cost of about $0.25 per watt by 2013 using our proprietary furnace technology. We also believe that String Ribbon technology provides a significant step function decrease in silicon and non-silicon wafer costs to enable a total silicon-based panel cost that will be significantly lower than $1 per watt within the next few years. Our initial pilot furnaces are now producing standard size wafers in Massachusetts. After extensive testing, we have begun sending sample lots from these furnaces to potential customers who are engaged in the evaluation of our standard size String Ribbon wafers.”