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Chinese Export Surge Clouds U S Hopes of a Domestic Solar Boom - Governors Wind Energy Coalition
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Solar company CubicPV scraps plans for US silicon wafer factory
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Solar energy equipment manufacturer CubicPV on Thursday said it had scrapped plans to build a major U.S. silicon wafer factory, citing a collapse in product prices and soaring construction costs. The announcement is a blow to the Biden administration's ambitions to create a homegrown solar energy supply chain to support surging U.S. demand for the renewable energy source. China produces about 98% of the world's wafers, the building blocks of solar cells that are assembled into panels.
CubicPV and OCI Holdings Enter Into Long Term Silicon Supply Agreement
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