Search Results for: "REC Silicon" – Page 2

REC Silicon has secured a US$40 million term loan from Hanwha International LLC, a subsidiary of Korean conglomerate and REC majority shareholder, Hanwha Solutions.

Experts and shareholders in REC Silicon have raised questions since the company shut down its Moses Lake, WA polysilicon operation.

The US Department of Commerce (DoC) has awarded polysilicon producer Hemlock Semiconductor up to US$325 million in direct funding.

The company claimed that its US offtake customer, Hanwha Qcells, “Is not able to wait any longer for delivery of product".

The US general election and its aftermath, along with struggles from Western inverter manufacturers have dominated Q4 news in 2024.

The DOC issued a list of companies on Friday (29th November) that it says are exporting solar cells to the US at prices below production costs, a practice known as “price dumping”.

The DOC's CVD ruling is a short-term win for certain manufacturers and a possible setback for many others in the US value chain.

This is the first determination reached in the ongoing antidumping and countervailing duty (AD/CVD) investigation into imports of crystalline silicon solar cells.

Reliance Industries is on track to open solar and battery storage production facilities by the end of this year and next, respectively.

The American Alliance for Solar Manufacturing Trade Committee claims that imports from Vietnam and Thailand have "accelerated" since April's AD/CVD petition, and has alleged Critical Circumstances.