New laws will boost REC Silicon bottom line
Things are looking up for the REC Silicon plant in Moses Lake, thanks largely to recent federal legislation.
File photo
OSLO, Norway — Despite posting a loss for the second quarter of 2022, REC Silicon President and CEO James May said the restart of the company’s solar-grade polysilicon production facility in Moses Lake is looking better than originally forecast, thanks largely to major federal legislation aimed at creating and supporting solar power component production in the United States.
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