Fab & Facilities

Beleaguered Norwegian silicon producer REC Silicon has received a buyout offer from its largest shareholder, Hanwha Corporation.

US material recovery firm OnePlanet has closed two financing deals to aid the development of a solar module recycling facility in Florida.

The latest polysilicon pricing report from the Silicon Industry Branch reveals a lukewarm spot market with modest price drops.

Korean chemical firm OCI Holdings has reportedly paused public listing plans for its Malaysian polysilicon business amid global stock market uncertainty.

GCL Technology has removed itself from the Xinjiang region and abandoned the Siemens method of polysilicon production.

The Spanish Ministry of Ecological Transition (MITECO) has awarded funding to seven solar PV manufacturing projects with more than €210 million.

Gstar Solar has received solar equipment - monocrystalline growth furnaces - for its 3GW wafer manufacturing plant in Indonesia.

This would be treble the installations registered globally in 2024, with China controlling most of the supply chain.

The president said the move was “necessary to advance the policy of the United States to restore common sense to the Federal Government."

Reducing silver consumption remains one of the key trends in the solar industry, such as going busbar-less, highlights the ITRPV.