Evergreen Solar files for bankruptcy and seeks buyer

BusinessGreen staff
clock •

Polysilicon wafer manufacturer owes creditors $485m after failing to build on early success or match Chinese competitors

US manufacturer Evergreen Solar yesterday filed for bankruptcy, blaming competition from cheaper Chinese rivals and cuts to clean energy subsidies. The maker of thin polysilicon wafers announced earlier...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

BusinessGreen staff
Author spotlight

BusinessGreen staff

View profile
More from BusinessGreen staff

Why biodiversity markets may look very different from carbon markets

Reports: EU to cap imports of hybrid EVs from China to 350,000 annually

More on Solar

Island Green Power secures approval for giant 500MW Green Hill solar and storage project
Solar

Island Green Power secures approval for giant 500MW Green Hill solar and storage project

When complete Northamptonshire solar farm is expected to produce enough electricity to power 200,000 homes

Amber Rolt
clock 09 October 2026 • 2 min read
Hertfordshire Leisure Centre slashes energy bills over 60 per cent with new solar storage system
Solar

Hertfordshire Leisure Centre slashes energy bills over 60 per cent with new solar storage system

New 130kWp DC‑optimised solar-plus-storage system forecasted to save the centre around £19,000 a year

Amber Rolt
clock 07 October 2026 • 2 min read
A permanent discount: Why solar and batteries deserve a frontline role in tackling fuel poverty
Solar

A permanent discount: Why solar and batteries deserve a frontline role in tackling fuel poverty

The government should act to lower the upfront cost of clean technologies in order to unlock immediate savings for vulnerable households - and get the UK off the fossil fuel rollercoaster - writes Jenn Humphries from the Centre for Net Zero

Jenn Humphries, Centre for Net Zero
clock 05 October 2026 • 4 min read