rec-silicon

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Daily News Wrap-Up: India’s Solar Generation Up 10% YoY in 2023

India generated around 104.83 billion units (BU) of solar power in the calendar year 2023, a 10.17% increase from 95.15 BU generated in 2022, according to the recent...

February 13, 2024

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Mercom Staff

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Daily Wrap-up
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High Electricity Costs Force REC Silicon to Shut Polysilicon Production in Montana

Norway-based polysilicon manufacturer REC Silicon is shutting down polysilicon production at its Butte facility in Montana, U.S., owing to high electricity costs. The...

February 12, 2024

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Staff

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Manufacturing
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Daily News Wrap-Up: Rajasthan’s Net Metering Cap Increased to 1 MW

The Rajasthan Electricity Regulatory Commission increased the cap on net metering from 500 kW to 1 MW for rooftop solar installations. In a suo motu order, the...

February 9, 2024

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Mercom Staff

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Daily Wrap-up
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REC Silicon Q4 Revenue Rises on Semiconductor Strength, Signals Recovery

Norway-based polysilicon manufacturer REC Silicon reported a revenue of $40.5 million in the fourth quarter (Q4) of 2023, a 28% year-over-year (YoY) rise from $31.6...

February 8, 2024

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Staff

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Finance and M&A
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Daily News Wrap-Up: Solar Power Generation in India Up 19% YoY in Q3 2023

India generated approximately 27 billion units of solar power in the third quarter of the calendar year 2023, up 19% year-over-year , according to the data published by...

November 17, 2023

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Mercom Staff

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Daily Wrap-up
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REC Silicon’s Q3 Revenue Falls 5% YoY as Polysilicon Prices Drop

Norway-based polysilicon manufacturer REC Silicon reported a revenue of $34.8 million in the third quarter (Q3) of 2023, a 5% year-over-year (YoY) decrease from $36.7...

November 16, 2023

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Arjun Joshi

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Other

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Renewable Energy
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REC Silicon’s Q2 Net Loss Shrinks by 37.7% YoY, Signaling Recovery

Norway-based polysilicon manufacturer REC Silicon recorded a net loss of $14.7 million during the second quarter (Q2) of 2023, a year-over-year (YoY) improvement of 37....

August 16, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Daily News Wrap-Up: Regulators Urged to Comply with Green Energy Open Access Rules

The Ministry of Power has instructed state electricity regulatory commissions (SERCs) to comply with the Electricity (Promoting Renewable Energy Through Green Energy...

May 17, 2023

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Mercom Staff

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Daily Wrap-up
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REC Silicon’s Q1 Loss Widens to $34.4 Million on Slow Semiconductor Market

Norway-based polysilicon manufacturer REC Silicon‘s net loss widened to $34.4 million for the first quarter (Q1) of the financial year (FY) 2023 compared to the...

May 16, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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REC Silicon’s Revenue Surged 23% YoY to $34.6 Million in Q1 2022

U.S.-based producer of advanced silicon materials REC Silicon recorded revenue of $34.6 million in Q1 2022, a year-over-year (YoY leap of 23% from $28.1 million in the...

May 30, 2022

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Gourav Mishra

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Other

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Renewable Energy
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REC Silicon’s Revenue Up by 18% YoY to $142.8 Million in 2021

REC Silicon, a leading producer of advanced silicon materials, posted a revenue of $43.2 million in the fourth quarter (Q4) of the calendar year (CY) 2021, up 20%...

February 24, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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Funding and M&A Roundup: Scatec Solar Acquires Hydropower Developer for Over $1 Billion

From: Mercom Capital Group REC Silicon, a Norwegian producer of advanced silicon materials with manufacturing facilities in the U.S., has raised approximately NOK 1,000...

October 19, 2020

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Staff

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Other

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Renewable Energy

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