REC Silicon signs second supply agreement for U.S. metal-grade silicon

REC Silicon has secured its second shipment of metal-grade silicon within the United States to ensure its American-made polysilicon starts with domestic origin.

REC Silicon and Mississippi Silicon have signed a Memorandum of Understanding to negotiate an agreement for the supply of raw materials. The company also has a supply agreement with Ferroglobe to receive metallurgical grade silicon from its three locations in the US.

Recent investment by the Hanwha Group in REC Silicon, in partnership with Hanwha’s solar panel subsidiary, Qcells, leads REC to expand its relationship with Mississippi Silicon to support the development of an end-to-end U.S. solar energy supply chain from raw silicon to polysilicon, and finally fully assembled modules.

Passage of Senator Jon Ossoff’s Solar Energy Manufacturing for America Act within the Inflation Reduction Act makes such plans immediately possible.

As a leading producer of high purity electronics and solar grade polysilicon with assets in Moses Lake, Washington and Butte, Montana, REC is positioned to help lead the US clean energy transition. Hanwha’s recent investment will enable a restart of the currently inactive Moses Lake plant in 2023 and make large quantities of cost-competitive, low-carbon, solar-grade polysilicon available.

James A. May II, CEO of REC Silicon, said: “As previously announced, REC is working hard to drive large-scale investment to develop a robust solar supply chain in the US. In line with REC’s efforts, we applaud the efforts and determination. needed to implement the Inflation Act. We are hopeful that with the passage of the Inflation Reduction Act, which incorporates SEMA, the entire US solar supply chain will be fully established and able to thrive.”

Mississippi Silicon is North America’s first new Silicon Metal facility in 40 years. Located in the northeast corner of the state of Mississippi, the plant is strategically located to take advantage of its growing domestic customer base, stable low-cost electricity and regional supply chain.

Eddie Boardwine, CEO of Mississippi Silicon, commented, “Mississippi Silicon was established nearly a decade ago as a domestic source of high-performance silicon metal for the US solar, electronics and chemical industries. We are excited about the growing recognition of the importance of a strong end-to-end supply chain in the US for these materials. Passage of the SEMA Act makes realizing that supply chain. We look forward to working with REC Silicon to strengthen our existing relationship and build that vital supply chain.”

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