REC Silicon ASA (“REC” or the “Company”) is pleased to announce that Mr. Jeong Ryul Yun has been appointed as the new Chief Financial Officer of the REC group. Mr. Yun has more than 25 years of experience from financial and managerial positions within the Hanwha group, focusing on executive management, financial reporting and control, […]
REC plans to restart production in Moses Lake, Washington during the fourth quarter of 2023 – EQ Mag Pro
Moses Lake, Washington USA : REC Silicon ASA (REC Silicon) reported first quarter 2022 revenues of USD 34.6 million compared to USD 43.2 million in the fourth quarter of 2021. The Company also reported an EBITDA of USD 3.6M compared to a loss USD 0.4 million in the prior quarter. The Company reported EBITDA contributed […]
Game changer: Violet Power to offer 50-year solar panel warranty with US-made IBC technology
The core of the solar cell technology comes from a collaboration with German-based R&D centre, ISC Konstanz and its head, Radovan Kopecek and his team. The ‘ZEBRA’ IBC cell, which was developed as a low-cost IBC cell architecture using front floating emitter (FFE) and screen-printed and fired-through metallization made on large-area 152.4mm n-type monocrystalline […]
REC Silicon May Sell Montana Facility
The polysilicon company draws another bad hand in the trade war. A cash-strapped REC Silicon announced Thursday it’s considering the sale of its Butte, Montana facility, which produces silane gas for use in semiconductors. Though the company hasn’t finalized a decision — REC spent months warning of the shutdown of its polysilicon plant in Washington […]
REC Silicon – US -and China’s Long-Standing Trade Dispute Force Further Lay-Offs
Moses Lake, WA: REC Silicon ASA (REC Silicon) previously announced that its FBR facility in Moses Lake, Washington would be placed in a long-term shutdown by July 15, 2019 if its access to polysilicon markets in China was not restored by that date. Although recent talks between the Government of the United States (USG) and […]
REC Silicon – Delay Moses Lake shutdown decision until July 15
Fornebu, Norway: REC Silicon ASA previously announced that the FBR facility in Moses Lake, Washington would be placed in a long-term shutdown by June 30, 2019 if access to polysilicon markets in China was not restored. The Company’s Board of Directors has decided to delay placing the FBR facility in a long-term shutdown until July […]