Michael Franklin, director of Asian operations at Evolution Solar, said: “Last year, we were working with a six dollar a wafer market, which everyone knew was falling steadily. Now that the market has stabilized at three dollars per wafer, doors are opening for aggressive companies to make lucrative trading agreements worldwide.

“Our strategic company placement in the Far East is beginning to pay off for us. We are already in negotiations to finalize additional contracts in other countries now that purchasers have recognized the wafer market stabilization.”

Evolution Solar commercializes alternative solar energy technologies and related photovoltaic technologies and appliances.