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

Author

Listed:
  • Doostan, Milad
  • Vatani, Behdad
  • Mohajeryami, Saeed

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.

Suggested Citation

  • Doostan, Milad & Vatani, Behdad & Mohajeryami, Saeed, 2015. "An Investigation of Evergreen Solar Inc. Bankruptcy by Considering Financial and Engineering Facets," MPRA Paper 66532, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:66532
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    More about this item

    Keywords

    Evergreen Solar Inc.; solar panels; string ribbon technology; bankruptcy;
    All these keywords.

    JEL classification:

    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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