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.
With demand for critical minerals in clean energy technologies set to quadruple by 2040, Tom Kenning reports on efforts to improve supply chain transparency and enhance sustainability.
According to Qcells, the recipient companies are allegedly producing and selling products using laser enhanced contact optimization technology, for which it holds the patent.