Evergreen Solar: Partnership Agreement

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Evergreen Solar, Inc., a manufacturer of STRING RIBBON™ solar power products with its proprietary, low-cost silicon wafer manufacturing technology, announced that it has entered into an agreement with RMT, Inc., of Madison, Wisconsin. Under the agreement, the two companies will co-market to electric utilities and project developers of utility-scale solar power projects.

For all utility-scale projects that are bid jointly by the two companies, RMT will be the EPC (engineering, procurement and construction contractor) while Evergreen Solar will provide the solar panels. In 2008 alone, utility-scale solar projects ranged in size from approximately 10 MW to 800 MW. At present, the two companies have submitted bids for more than 400 MW of solar installations that, if won, will be implemented over the next five years.

RMT has designed and constructed more than 3.1 Gigawatts of renewable energy projects across the U.S. and will now add solar power to its service offerings. The company’s existing relationships with electric utilities will serve as the platform for its partnership with Evergreen Solar, as they pursue utility scale solar power projects.

“Our relationship with RMT provides Evergreen Solar with increased access to the utility-scale solar power project market,” said Terry Bailey, Evergreen Solar’s senior vice president of sales and marketing. “Relationships with utilities and large project developers can dramatically improve solar market delivery and further assist in closing the gap between solar and conventional energy costs while expanding renewable energy choices available to utility customers.”

“We’re proud to be aligned with Evergreen Solar, and we look forward to engaging our team on utility-scale solar projects across the U.S.,” states Frank Greb, Vice President, RMT.

About Evergreen Solar, Inc.

Evergreen Solar, Inc. develops, manufactures and markets STRING RIBBON™ solar power products using its proprietary, low-cost wafer technology. The company's patented wafer manufacturing technology uses significantly less polysilicon than conventional processes. Evergreen Solar's products provide reliable and environmentally clean electric power for residential and commercial applications globally. For more information about the company, please visit www.evergreensolar.com.

About RMT

RMT creates energy and environmental solutions that balance our clients’ business and sustainability goals. Headquartered in Madison, Wisconsin, the company has over 700 employees located in offices throughout the US, UK, and France. RMT has provided construction, engineering, and development services for over 3,100 MW of renewable energy across the US. RMT is a unit of Alliant Energy Corporation (NYSE: LNT), an energy holding company. For more information about the company, visit www.rmtinc.com.

Safe Harbor Statement

This press release contains forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. These statements are based on Evergreen Solar's current expectations or beliefs. Such forward-looking statements include, but are not limited to, those related to outstanding bids for utility-scale solar projects and increased access to the utility-scale solar power project market as a result of Evergreen Solar’s affiliation with RMT. These statements are neither promises nor guarantees, and involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements, including risks associated with the Evergreen Solar’s ability to successfully manufacture and sell its products; uncertainties related to government regulations, subsidies and incentives; risks from various economic factors such as fluctuations in currency exchange rates and other risks and uncertainties identified in the company's filings with the Securities and Exchange Commission. Evergreen Solar disclaims any obligation to update or revise such statements to reflect any change in expectations, or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

Contact:
Evergreen Solar, Inc.
Chris Lawson, 508-357-2221 X7214
Director Marketing Communications
clawson@evergreensolar.com


Source: Evergreen Solar, Inc.
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