Search
  • SSX

SSX BREAKING NEWS BLAST - 18/11/2021

Hanwha Solutions invest close to NOK 1.5 billion in REC Silicon

Following the transaction, Aker Horizons and Hanwha Solutions hold 16.67 percent ownership each.

Hanwha Solutions manufactures solar panels for private homes through the Q CELLS brand. The product has a 25 percent market share in the USA and operates a factory with a production capacity of 1.7 GW, equivalent to 12,000 modules daily.

According to the stock exchange announcement, the investment will enable REC to reopen the factory on Moses Lake and further investments in Butte, Montana.

https://finansavisen.no/nyheter/industri/2021/11/18/7774877/sorkoreanere-investerer-1-5-mrd.-i-rokke-selskap


2 views0 comments

Recent Posts

See All

GCL starts production at its new 30kt/yr FBR plant in Xuzhou Total FBR capacity in Xuzhou reaches 60kt/yr https://mp.weixin.qq.com/s/Ub4UyuSQssc67zBhBzzffQ CPIA: end 2021 global wafer capa @415GW, act

China polysilicon price up WoW Mono chips @ RMB268.5/Kg, up 0.41% WoW. Mono chunk @ RMB266.1/Kg, up 0.42% WoW. https://mp.weixin.qq.com/s/MkLa1IPYvjVKCD8-wbe0sQ US module makers put pressure on Biden

REC Silicon, Ferroglobe to establish traceable US solar supply chain https://www.pv-magazine.com/2022/06/14/rec-silicon-ferroglobe-to-establish-traceable-us-solar-supply-chain/ Risen Phase I 100kt sil