Mastervolt Solar Italia installed the 10kW solar system, using Evergreen panels, under the Italian government's 10,000 PV Roofs program. The government subsidized 75 percent of the project through this program.
MARLBORO, Mass., Oct 28, 2003 /PRNewswire-FirstCall via COMTEX/ -- Evergreen Solar, Inc. (Nasdaq: ESLR), a developer, marketer, and manufacturer of photovoltaic (solar electric) products for the worldwide market, now has its solar panels installed on a technical school, near Rome. The school was named for a giant of another modern electrical invention, Guglielmo Marconi, the father of wireless technology.
Mastervolt Solar Italia installed the 10kW solar system, using Evergreen panels, under the Italian government's 10,000 PV Roofs program. The government subsidized 75 percent of the project through this program. The Marconi School is a technical high school with a thousand students located in Civitavecchia, near Rome. The system is estimated to produce 12,500 kWh of electricity annually, providing approximately 10 percent of the school's requirements.
"We're extremely pleased that Mastervolt Solar Italia selected Evergreen Solar's panels for this project," said Dr. Rex A. D'Agostino, Evergreen's Vice President of Marketing and Sales. "Europe has long been a global leader in adopting PV technology, and European sales have been a key focus in Evergreen's global market strategy. We continue to export a majority of our products and the European market has strongly contributed to our robust sales growth. The Italian market represents continued diversification of our export revenues."
Fabio Guidi, General Manager of Mastervolt Solar Italia, said, "The system is working perfectly, and we couldn't be more pleased with the Evergreen Solar panels. We look forward to a continuing partnership that we think will also be a great benefit in expanding the use of solar electricity in Italy."
About Evergreen Solar, Inc.
Evergreen Solar, Inc. (www.evergreensolar.com) develops, manufactures, and markets solar power products utilizing the Company's patented solar power technologies. The products provide reliable and environmentally clean electric power in global markets. Solar power applications include wireless power for remote homes, water pumping, lighting, and rural electrification, as well as complete power systems for electric utility customers choosing to generate their own environmentally benign power. The company's factory and headquarters are in Marlboro, MA.