The US company Evergreen Solar develops and produces solar cells based on string ribbon technology. The company has close links with the Massachusetts Institute of Technology (MIT), where this process was developed. In a joint venture, Evergreen Solar has entered into a strategic partnership with the Norwegian company Renewable Energy and the German company Q-Cells AG.

Strengths:

oekom research's rating system classifies this company as a Potential. A prerequisite for recognition as a Potential is that a significant proportion of turnover be earned from sustainable products and services, in this case in the area of renewable energies.

Weaknesses:

Since potentials are generally small and medium-sized companies, their management structures for social and environmental issues are often less well developed.

Evergreen Solar is one of the world’s leading companies in the development and production of solar cells. The technology it uses enables particularly efficient and environmentally-friendly production of solar cells. Through a joint venture with two other providers, the company has established a sound basis for the continued development of its business.