09 Sep '13, 1pm

Silicor Adds Funding, Seeks More To Fund New Factory

Silicor Adds Funding, Seeks More To Fund New Factory

New Hampshire, USA -- Back when silicon prices were north of $400/kg, finding ways to use less material was seen as a keen opportunity, from different formfactors to thinner wafers. One group of efforts centered on "upgraded metallurgical-grade" (UMG) silicon, which was essentially a grade of silicon slightly less than the ultrapurity required by the electronics industry. Those efforts broadly lost their appeal, though, once silicon prices plunged to $20/kg and below, though prices have started showing signs of rising slightly. Nevertheless, solar manufacturers still need to keep finding ways to reduce costs, and silicon remains the highest cost input into the module manufacturing process. This is why Silicor (née Calisolar, until a 2012 name-change), which itself has had some bumps along the way , is still plugging along, adding $6 million more in funding last week and br...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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