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
- Seller / Sponsor
- Hanwha Solutions + REC Silicon
- Buyer / Financier
- Hanwha Solutions + REC Silicon
- Deal Value
- ~$200M+
- Stage
- Construction
- ISO/RTO
- WECC
- Source
- Solar Power World
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