REC Silicon, Ferroglobe team up to boost US solar supply chain

Solar-grade polysilicon chunks. Source: REC Silicon ASA.

June 13 (Renewables Now) - Norway-based silicon materials maker REC Silicon ASA (OSE:REC) and silicon metal producer Ferroglobe PLC (NASDAQ:GSM) will work to create a fully traceable US-based solar supply chain, the two said today.

The companies have signed a memorandum of understanding (MoU), under which Ferroglobe commits to supply high purity silicon metal from its US sites to REC Silicon. The plan will support the development of an end-to-end US solar supply chain from silicon metal and polysilicon to fully assembled solar modules. It follows the recent investment by South Korea’s Hanwha Group, the parent of Qcells, into REC Silicon. This investment has allowed REC Silicon to move towards restarting its polysilicon plant in Moses Lake, Washington, next year.

Under the MoU, REC Silicon and Ferroglobe will work together to increase production and employment at their US facilities.

According to the announcement, expansion of US production of polysilicon and metallurgical grade silicon will be spurred by the potential passage of senator Jon Ossoff’s Solar Energy Manufacturing for America Act as part of a clean energy incentive package.

“We have had a longstanding relationship with REC, and this MoU aligns both company’s respective expertise and competencies towards a common goal which is critical to the United States,” noted Ferroglobe’s chief executive Marco Levi.

Join Renewables Now's free daily newsletter now!

More stories to explore
Share this story
About the author
Browse all articles from Plamena Tisheva

Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription