An Investigation of Evergreen Solar Inc. Bankruptcy by Considering Financial and Engineering Facets

Milad Doostan, Behdad Vatani and Saeed Mohajeryami

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, a company, Evergreen Solar Inc., located in Massachusetts, which was manufacturing solar panels for the photovoltaics industry is investigated. The company filed for bankruptcy on year 2011, closed its factory in Massachusetts and relocated manufacturing to China. In this paper, first, an introduction to solar energy will be provided. A history of the company then will be discussed. Finally, by considering the company’s financial data, the market and industry involved as well as engineering aspects, the major reasons for the aforesaid bankruptcy will be examined.

Keywords: Evergreen Solar Inc.; solar panels; string ribbon technology; bankruptcy (search for similar items in EconPapers)
JEL-codes: L2 (search for similar items in EconPapers)
Date: 2015-05-01
New Economics Papers: this item is included in nep-ene
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