A group of minority shareholders in Norwegian silicon firm REC Silicon has triggered an investigation into the circumstances surrounding the closure of the company’s US polysilicon production site.
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.
A group of US-based solar manufacturers have filed an antidumping and countervailing duty (AD/CVD) petition to the US Department of Commerce (DOC) and International Trade Commission (ITC).
Polysilicon manufacturer REC Silicon has delayed the timeframe of its first shipment from its Moses Lake facility from end of first quarter 2024 to early Q2 2024.
