News on acquisition

News on suppliers, market trends and technology innovations in polysilicon and wafer production is selected, assessed and written for you by Bernreuter Research.

Chemical factory of Hanwha Solutions

Hanwha invests in REC Silicon – “First step to US value chain”

(comments: 0)

The US$160 million investment of Hanwha Solutions, the world’s sixth largest solar module supplier, in U.S. polysilicon maker REC Silicon only makes sense with new wafer production capacity.

REC Silicon defers sale of Butte plant, keeps Moses Lake closed

(comments: 0)

In the wake of the Covid-19 pandemic, U.S.-based polysilicon manufacturer REC Silicon has deferred the sale of its electronic-grade plant in Butte. Its solar-grade plant in Moses Lake remains closed.

Jiangsu Zhongneng’s polysilicon plant in Xuzhou, Jiangsu

GCL-Poly cancels sale of polysilicon shares to Shanghai Electric

(comments: 0)

Two months after its announcement in early June, the sale of a 51% stake in Jiangsu Zhongneng, China’s largest polysilicon manufacturer, from parent company GCL-Poly to state-owned Shanghai Electric Group has failed.

Jiangsu Zhongneng’s polysilicon plant in Xuzhou, Jiangsu

Shanghai Electric to acquire 51% of GCL’s polysilicon subsidiary

(comments: 0)

GCL-Poly has brought Shanghai Electric Group as a major investor on board to support the growth of GCL’s subsidiary Jiangsu Zhongneng, China’s largest polysilicon manufacturer.

Logo of SMP (Samsung MEMC Polysilicon Limited Partnership)

GCL-Poly excludes SMP from acquisition of SunEdison assets

(comments: 0)

GCL-Poly Energy Holdings has closed the acquisition of SunEdison’s Solar Materials Business, but has excluded SunEdison’s stake in the insolvent South Korean polysilicon company SMP from the deal.

Logo of SunEdison

GCL-Poly announces closing of acquisition of SunEdison assets

(comments: 0)

GCL-Poly Energy Holdings has announced that all conditions for acquiring SunEdison’s Solar Material Business have been met. Closing of the acquisition is expected on March 31, 2017.

Tags