Ferroglobe and REC Silicon Sign MOU to Establish a U.S. Solar Supply Chain

Ferroglobe plc of London, England has announced the signing of a Memorandum of Understanding (MOU) with REC Silicon of Norway. Under the MOU, Ferroglobe commits to leverage its asset platform in the U.S. to supply high-purity silicon metal to REC Silicon aimed at jointly establishing a low-carbon and fully-traceable U.S.-based solar supply chain. The companies plan for the immediate development of an end-to-end U.S. solar supply chain from silicon metal to polysilicon, all the way to fully-assembled solar modules.

Ferroglobe seeks to leverage its technical and operational expertise across sites in West Virginia, Alabama, and Ohio. REC is a leading producer of high-purity electronics and solar grade polysilicon with assets in Moses Lake, WA and Butte, MT.

Dr Marco Levi, Ferroglobe’s CEO, commented, “The solar industry is vital to the future of the global energy transformation. I am thankful for Senator Ossoff’s leadership on this important initiative, which will re-shore solar capacity in the U.S., and increase jobs to help the economy. Furthermore, we are excited to collaborate with REC Silicon on this important initiative. 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.”

Volume 36, Issue 11

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