Tag Archives: devens

Evergreen Solar (ESLR) Continues Racking Up Losses, Down 10% AH

Evergreen Solar (ESLR) continues to show why it’s a lagging solar play this afternoon, reporting a whopping quarterly loss of $64.3 million.  Granted much of that was due to one time costs ($43.9 million for write offs from future silicon supplier, $3.5 million for Devens facility startup costs & $1.8 million for closure of Marlboro pilot facility), but this is still a company heading in the opposite direction of profitability.  Taking out one time costs … Read the rest