REC Silicon will begin on May 15, reduce the operating Moses lake FBR facilities

U. S. utilities installed 678 mw ( DC) Photovoltaic quarter, since 2015, the utility of new power for the first time below 1 gw, mainly due to the influence of 201 bill.

solar photovoltaic webex: Norway REC Silicon released 2018 annual report, and confirm the revenue in 2018 to 2. $21. 2 billion, and 2017 to 2. 72. 4 billion dollars ( By 18. 8%) 。 Corresponding EBITDA for losses of $4. 9 million in 2018, and profits for 2017 is $19. 8 million. Company announced 2018 loss 3. 4. 1 billion dollars, and loss of 3, 2017. 50. 6 billion dollars. Polysilicon in 2018 sales of 7784 tons, compared with 2017, 13503 metric tons reduce 42. 2%. Silicon gas sales in 2018 from 3501 tons to 3600 tons last year.

in February this year, REC Silico announced that the board of directors of American Moses lake fluidized bed reactor ( FBR) Production limited decision for 2 months. In mid-march, the company reported that decided not to close the FBR. The REC Silicon has suspended production, reduce labor, and reduce spending in order to maintain liquidity. Now, In April this year) , the company announced on May 15, from 2019 began to decrease in Moses lake FBR facility operations. “ If China's polysilicon market cannot recover, FBR facilities will be closed for a long time, and will enter the market in the Chinese market or market conditions to improve before shall not entrust afresh. ”