Tag Archives: outsourcing

Evergreen Solar (ESLR) Considers Outsourcing

According to PV-Tech.org, Evergreen Solar is considering outsourcing some of its production to Asian subcontractors to cut costs. This move would allow Evergreen to address its current backlog in orders and move forward with expansion plans while reducing its need for capital. 

Evergreen Solar’s President and CEO commented on the possibility of outsourcing during the company’s 4th quarter earnings call:

“Using a subcontractor would significantly reduce our need for expansion capital, while allowing us to

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