REC Silicon terminates silicon ingot as well as wafer partnership with US-based Violet Power

Apr 6, 2021 07:53 PM ET
  • Polysilicon manufacturer REC Silicon has actually remarkably terminated it provide chain partnership with United States PV production startup Violet Power, declaring it would certainly best serve its investors by focusing on collaborating with "established, tried and tested, active as well as appropriate solar supply chain companions".
REC Silicon terminates silicon ingot as well as wafer partnership with US-based Violet Power
Image: REC Silicon

REC Silicon asserted that there had actually been a significant adjustment in the political assistance for solar power in markets such as Europe and also the United States, with emphasis on sustaining a full indigenous supply chain within these markets to reduce the substantial dependancy on imported raw materials through to finished PV modules.

Within the 27 EU participant nations, for example, environment-friendly power campaigns planned to meet already validated EU environment modification plans that consist of accomplishing 55% of energy intake by 2030 from renewable energy resources, mostly wind and also solar will certainly need to be sustained.

The European Commission is expected to publish a report in June 2021 to give appointment as well as advice on just how the EU will require to sustain the total solar industry supply chain to attain the lowest carbon footprint at affordable costs and financial investments to satisfy the 2030 targets.

The EU has significant barriers to get over in re-establishing a full solar market supply chain, consisting of polysilicon, ingot/wafers, solar cells and module setting up that satisfy reduced carbon needs at expense competitive levels.

According to Norway-headquartered REC Solar, it "expects added plan support for alternate supply chains and also sustainably made solar materials as well as lower carbon solar panels, in the close to term."

Exactly how that differs from its contract with Violet Solar is unclear as the partnership was meant to enable Violet Power to develop an advanced manufacturing facility (cells and modules) that would be co-located with REC's existing Moses Lake polysilicon plant, while investing in producing both n-type monocrystalline ingots and also wafers for the US start-up.

REC Silicon additionally said it was dealing with the US-based Ultra Low Carbon Solar Partnership as a participant, as it included "a team of well established and also tried and tested solar business [working] on various policy as well as interaction campaigns to realize the growing possibilities for a lasting solar supply chain [in the US]

Nevertheless, the partnership just has two silicon-based PV manufacturers noted as participants, Q CELLS (South Korean) as well as Meyer Burger (Switzerland).

Sometimes of magazine, Violet Solar had not released a statement concerning REC Silicon's choice to end the arrangement.