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Evergreen Solar, Inc. of Marlboro, Mass., is a manufacturer of photovoltaic modules for commercial and residential purposes that uses Ex-Im Bank's working capital guarantee for $5 million to support its growing sales, especially in Germany. Evergreen received Ex-Im Bank's working capital guarantee through an Ex-Im Bank delegated authority lender Silicon Valley Bank, Calif. "Right now, our sales are expanding rapidly throughout the world, particularly in Germany. We were eligible for Ex-Im Bank's working capital guarantee because a portion of our sales is generated in Germany and throughout Europe. Ex-Im Bank's guarantee provided attractive financing to enable us to increase our working capital to meet demand for our products and to support our ongoing expansion plans," said Evergreen Solar Controller Mark Fidler.

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