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FinancingAnnouncedMarch 15, 2022

Hanwha–REC Silicon Moses Lake WA Polysilicon Restart

First major US solar-grade polysilicon supply restart. Hanwha 21% stake in REC Silicon; restart announced June 2022. ~16,000 MT/yr capacity. 10-year supply deal to Hanwha (Qcells customer). Plant later shut down late 2024 but 2022 announcement was IRA-anticipating signal.

$200M

Deal Value

Solar

Technology

WA

Location

Deal Details

Deal Type
Manufacturing Investment
Deal Value
~$200M+
Stage
Construction
ISO/RTO
WECC

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