Exhibit 10.36
 
 ANLAGE 11
 Undertaking of Evergreen Solar Inc.
 Evergreen  Security Agent
  Undertaking
 EUR (Loan Agreement). Loan Agreement Undertaking
 Loan Agreement Loan Agreement Financing
Parties Borrower Borrower.




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
 Section A Undertaking
 § 1
    
    Subordination of claims of Shareholders(1)
    
    Evergreen hereby subordinates all of its current and future claims against the Borrower,and
all of the rights appertaining thereto, with the exception of trade receivables and the claims on
interest out of its shareholder loans that may not bear significantly higher interest than Tranche
C, to all of the current and future claims of the Banks(including all of their domestic and
foreign branches) against the Borrowerunder the Financing Documents,irrespective of the legal
form of the Borrowerat such time and irrespective of the
identity of its shareholders. As long as the Bankshave not been fully satisfied in respect of the aforementioned
claims when due and payable, Evergreen will not dispose of its claims subordinated in
accordance with this subsection without the prior written consent of the Banksand, in
particular, will not collect on them, secure them, assign them to third parties, pledge them
or set them off. At the same time, Evergreen warrants that it has not disposed of the claims
prior to today, so that no third party rights exist with respect to such claims.(2)
    
    Evergreen hereby subordinates all of its current and future trade receivables and all of the
rights against the Borrowerappertaining thereto as well as the claims on interest out of its
shareholder loans that may not bear significantly higher interest than Tranche C to all of the
claims of the Banks(including all of their domestic and foreign branches) against the Borrower
under the Financing Documentsthat have or will have fallen due, irrespective of the legal form of
the Borrowerat such time and irrespective of the identity of its shareholders.
As long as the Bankshave not been fully satisfied in respect of the aforementioned
claims when due and payable, Evergreen will not dispose of its claims subordinated in
accordance with this subsection without the prior written consent of the Banksand, in
particular, will not collect on them, secure them, assign them to third parties, pledge them
or set them off. At the same time, Evergreen warrants that it has not disposed of the claims
prior to today, so that no third party rights exist with respect to such claims.(3)
    
    This subordination shall remain valid until it is rescinded by written mutual agreement. The
Banksshall consent to the rescission if the Borrowerhas fulfilled or secured all of its
obligations to them under the Financing Documents.The Bankshave the right to grant their consent
subject to the condition subsequent that the Banksare required to return the




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
 amounts that have been paid to them (especially in the case of impending challenge during
insolvency proceedings).
 § 2
    
    Representations and Warranties
 Banks
 (a)
    
    within the framework of the current version of the Master Joint Venture Agreement, the MoUand
the respective License and Technology Transfer Agreement executed by Evergreen, the Borrowerwill
receive unlimited use of all of the licenses and other rights of use, as well as the necessary
process expertise, necessary to satisfy the Business Plan,to the extent Evergreen owns such
rights;(b)
    
    no judicial or extrajudicial legal proceedings exist with respect to the licenses and other
rights of use referred to in subparagraph (a) that could threaten the Borrowersrights out of the
licenses or the rights of use;(c)
    
    all agreements between the Borrowerand Evergreen have been concluded, and are being
performed, on the basis of terms that are at arms length;(d)
    
    if it expands production capacity, grants licenses or other rights of use to third parties  or
acquires shares of companies  that compete with the Borrowerusing comparable technology to its
own technology it shall, to the extent feasible, grant to the Borrowerwithin the framework of the
current versions of the Master Joint Venture Agreement, the MoUand of the respective License and
Technology Transfer Agreement access to the use of the respective technology at least equivalent to
its own access and on at least the same (or more favorable) terms.
 Representations and Warranties Notice Drawing, Interest Period.
 § 3
    
    Conclusion of Inter-Company Agreements(1)
    
    Evergreen covenants, in respect to the Borrower,not to enter into any control, profit transfer
or other inter-company agreements within the meaning of sec. 291 and 292 of the German Stock
Corporation Act (Aktiengesetz), or to execute transformations within the meaning of




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
 the German Act on Business Transformations (Umwandlungsgesetz) or comparable transactions without the prior written consent of the Banks.(2)
    
    § 3 (1) above does not apply to the Borrowerstransformation into a stock corporation
(Aktiengesellschaft) according to sec. 190 ff. of the German Act on Business Transformations
(Umwandlungsgesetz).
 § 4
    
    Expansion Measures
 Borrower Shareholders Banks Expansion
Measures
 Banks Banks Expansion Measures Loan Agreement Borrower Shareholders Expansion Measures Borrower, Shareholders Borrower Project Contracts.
 § 5
    
    Further Obligations(1)
    
    Jointly with the further Shareholders,Evergreen has contributed equity capital to the Borrower
in the amount of EUR62,900,000.00 and has granted the Borrowershareholder loans (subordinate to
the claims of the Banksunder the Loan Agreementin accordance with Section A § 1 subsections (1)
and (2) above) in the amount of at least EUR125,000,000.00 prior to the first Drawingunder the
Loan Agreement.(2)
    
    Until the full repayment of all amounts payable by the Borrowerunder the Loan Agreement,
Evergreen covenants
 (i)
    
    to grant additional equity capital or additional loans (subordinated in accordance with
Section A § 1 subsections (1) and (2) above to claims of the Banksunder the Loan Agreement),
in the amount of 33.33% of that amount by which




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
 (a)
    
    the investment costs for EverQ3exceed the investment costs projected in
the Business Planor(b)
    
    investment grants or investment subsidies are not granted in the
projected amount or investment grants or investment subsidies are required to be
repaid or Tranche B is to be repaid by Maturity Date;
 In case of (b) above the Borroweris obliged to make a repayment towards the
drawdown under Tranche B in the amount of the additional equity or additional loans
received.
 (ii)
    
    to secure Completionof the EverQ3investment by granting additional equity capital or
additional loans (subordinated in accordance with Section A § 1 subsections (1) and (2) above
to claims of the Banksunder the Loan Agreement),in the amount of 33,33% of the necessary
amount if the Borrower fails to comply with its Undertakings under § 15 (Financial Ratios)
during the construction period of EverQ3;such additional shareholder loans may be repaid to
Evergreen provided that and insofar as the Borroweragain complies with its Undertakings
under § 15 (Financial Ratios)considering such repayment;(iii)
    
    to secure Completion,including  if required  backfitting from Quad Technology to Gemini String Technology.(iv)
    
    to support the Borrowerby implementation of actions contained in the MoU,(v)
    
    to promote the Borrowersoperations on the basis of the Project Contracts.
 (3)
    
    The repayment of Evergreens shareholder loans is permitted provided that and insofar as the
Borrowersequity capital was increased by proceeds of the IPOat least in the Aggregate Amount.Aggregate Amountequals the sum of the repayments of Shareholder-1s, Shareholder-2sand
Shareholder-3sshareholder loans, the payment according to Section A § 5 subsection (4) of
the Undertaking of Shareholder-1(Schedule 11 to the Loan Agreement)and the payment according
to Section A § 5 subsection (4) of the Undertaking of Shareholder-3(Schedule 13 to the Loan
Agreement).




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
 (4)
    
    Evergreen covenants to receive the in section E.IV of the MoUmentioned Gemini Compensation
Value in the amount of USD45.000.000,00 or any comparable payment from the Borroweronly provided
that and insofar as the Borrowersequity capital was increased by proceeds of the IPOat least in
the Aggregate Amount(5)
    
    Upon demand, Evergreen will reimburse the Agent,the Security Agentand the other Financing
Partiesall such reasonable and necessary external costs as the latter have incurred in connection
with the judicial or extrajudicial preservation or enforcement of their rights against Evergreen.(6)
    
    Evergreen covenants not to entirely or partially assign or transfer its rights and obligations
under this Undertaking.(7)
    
    Until the Borroweris not listed on the stock exchange, Evergreen covenants not to receive
dividends or distributions or comparable (direct or indirect) payments or benefits from the
Borrower.If permitted to Commercial Law, such payments or performances are permitted from the year
2010 for the business year 2009, as far and as long as the Leverage Ratiogoes below the value 1,5.(8)
    
    Evergreen shall concurrently sign this Undertaking,
Addendum-1according to Annex 2 and
the Addendum-2according to Annex 3 to this Undertaking.§ 6
    
    MiscellaneousClaims of the Financing Partiesagainst Evergreen are not affected by the agreements in §
23 subsection (8) (Costs and expenses) of the Loan Agreement.
 Section B Miscellaneous
 § 1
    
    Payments(1)
    
    Payment without deductions




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
 Bank Banks Agent Ancillary Facility, Ancillary Bank)
 (2)
    
    No set-off
 Agent Banks Loan Agreement
 (3)
    
    Partial payments
 Agent, Agent Banks) Ancillary
Bank, Ancillary Bank
 (a)
    
    first  towards fees, commissions, costs and other expenses of the Arranger,the Agentor
the Security Agentto be reimbursed;(b)
    
    second  towards interest claims which are due and have not been paid;(c)
    
    third  towards outstanding Drawings;and(d)
    
    fourth  towards all further claims which are due.§ 2
    
    Notices(1)
    
    Form




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
 (2)
    
    Address
 Loan
Agreement Agent.
 § 3
    
    Amendments
  § 4
    
    Transfer
 Bank Bank Financing Documents.
 § 5
    
    Severability clause
  § 6
    
    No waiver
 Agent Banks
 § 7
    
    Language
 (1)
    
    Notices




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
 (2)
    
    Documents
 Financing Document
 (a)
    
    be prepared in German or English,(b)
    
    unless otherwise agreed with the Agent,be submitted together with a certified German
translation. In such case the German translation shall take priority, except where the document in
question is prescribed by law or is otherwise an official document.
 § 8
    
    Prescription
 Financing Party Financing Document from
 § 9
    
    Term
 Banks Loan
Agreement
 § 10
    
    Applicable Law, Jurisdiction
 (1)
    
    This Undertaking and all rights and obligations arising hereunder shall in all respects be
governed by German law.(2)
    
    Evergreen hereby submits to the jurisdiction of the competent courts of Frankfurt am Main.
However, each Financing Partymay sue Evergreen before each other competent court.
Evergreen irrevocably waives any objection which it may now or hereafter have that such
proceedings have to be brought in a more convenient forum.




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
 Date:
    
    Evergreen Solar, Inc.Sep 19, 2008(/s/ Richard M. Feldt)
      (  )The Security AgentDate:
    
    Deutsche Bank AG, Filiale Deutschlandgeschäft( )      ( )The AgentDate:
    
    Deutsche Bank Luxembourg S.A.( )      ( )The BanksDate:
    
    Deutsche Bank AG, Filiale Deutschlandgeschäft( )      ( )




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
 Date:
    
    Deutsche Bank Luxembourg S. A.( )     ( )Date:
    
    Bayerische Hypo- und Vereinsbank Aktiengesellschaft( )     ( )Date:
    
    HVB Banque Luxembourg Société Anonyme( )     ( )Date:
    
    NORD/LB Norddeutsche Landesbank Girozentrale( )     ( )Date:
    
    IKB Deutsche Industriebank AG( )     ( )




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
 Date:
    
    Sachsen Bankunselbstständige Anstalt
der Landesbank Baden-Württemberg( )     ( )The BorrowerDate:
    
    EverQ GmbH




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 Annex 1
 Terms Defined in the Loan Agreement
 Addendum-1
    
    Addendum-1Addendum-2
    
    Addendum-2Agent
    
    AgentLead Arranger
    
    Lead ArrangerCo-Lead Arranger
    
    Co-Lead ArrangerArranger
    
    ArrangerAncillary Bank
    
    Ancillary BankAncillary Facility
    
    Ancillary FazilitätBanks
    
    BankenBorrower
    
    KreditnehmerBusiness Plan
    
    BusinessplanCompletion
    
    FertigstellungCompletion date
    
    FertigstellungsterminDrawing
    
    ZiehungEverQ3
    
    EverQ3Expansion Measures
    
    ExpansionsmaßnahmenFinancing Documents
    
    FinanzierungsdokumenteFinancing Parties
    
    Finanzierungsparteien




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 Interest Period
    
    ZinsperiodeIPO
    
    BörsengangLeverage Ratio
    
    VerschuldungsgradLoan Agreement
    
    KreditvertragMoU
    
    MoUMaturity Date
    
    EndfälligkeitstagNotice of Drawing
    
    ZiehungsnachrichtProject Contracts
    
    ProjektverträgeRepresentations and Warranties
    
    Bestätigungen und ZusicherungenSecurity Agent
    
    SicherheitenagentShareholder
    
    GesellschafterShareholder-1
    
    Gesellschafter-1Shareholder-2
    
    Gesellschafter-2Shareholder-3
    
    Gesellschafter-3Tranche B
    
    Tranche BTranche C
    
    Tranche C