SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
DC Chemical Co., Ltd.

(Last) (First) (Middle)
ORIENTAL CHEMICAL BUILDING
50, SOGONG-DONG, JUNG-GU

(Street)
SEOUL, KOREA 100-718

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/19/2007
3. Issuer Name and Ticker or Trading Symbol
EVERGREEN SOLAR INC [ ESLR ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 7,500,000 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series B Preferred Stock $0.01 par value per share (2) (3) Common Stock, $0.01 par value per share 625 $0(1) D
Explanation of Responses:
1. Each share of Series B Preferred Stock converts into 10,000 shares of Common Stock.
2. The earlier of (x) the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act") to permit the conversion of the Series B Preferred Stock into Common and (y) the transfer of any such shares of Series B Preferred Stock to a person or entity (a "Person") that would not be required to file any notifications or other materials under the HSR Act in connection with such Person's acquisition of the Common Stock.
3. N/A
/s/ Hyun Woo Shin, Executive Vice President, on behalf of DC Chemical Co., Ltd. 04/23/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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