January 12, 2011 – BUSINESS WIRE — Evergreen Solar Inc. ( NasdaqCM: ESLRD ), a manufacturer of String Ribbon solar power products with its proprietary, low-cost silicon wafer technology, plans to shut down operations at its Devens, MA manufacturing facility to better position ESLRD to pursue its industry standard size wafer strategy and preserve the company's liquidity. Evergreen Solar also provided updates on its industry standard wafer development activities and selected preliminary results for the quarter ended December 31, 2010. Evergreen Solar received $58 million in subsidies to build the solar cell fab in Massachusetts.