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Stories 3 results of 11
REC Silicon reports on 3rd quarter
OSLO, Norway — REC Silicon announced the results of their third quarter of the fiscal year on Nov. 15. The company, which has a large re-opening and expanding facility in Moses Lake, is reporting revenues of $34.8 million in its third quarter compared to $36.7 million in the second. “We are focused on improving our underlying operational position despite the continuing weakness in the semiconductor segment and solar PV market. Our underlying EBITDA from our semiconductor materials has improved markedly compared to the same quarter last year when the industry entered the slump. We are poised well to benefit once the market recovers,” said REC CEO Kurt Levens. The company reported that silicon gas sales volumes for the third quarter were 754 million tons compared with 849 metric tonnes during the second quarter. The total polysilicon sales volumes for the third quarter were 199 MT.
Sila breaks ground on Washington facility
MOSES LAKE — Sila Nanotechnologies officially opened its Moses Lake plant Nov. 29. “This moment has been 12 years in the making,” said Gene Berdichevsky, co-founder and CEO of Sila. “And the journey to this point can be summed up, really, in two words: passion and persistence. Many startups have origin stories that began in a garage, but we were not that cool. We started out in a windowless basement lab of Georgia Tech. Back then there were only 13 of us, working shoulder to shoulder back to back literally intent on doing what we believed – what many believed — was impossible.”
'Holy grail': Enhancement process could make EVs more efficient, practical
MOSES LAKE — Americans like to drive. What Americans don’t like is the cost of filling their gas tank. In recent years, electric vehicles, powered with a rechargeable battery, have been presented as a possible solution. It would seem a match made in heaven for the Inland Northwest; Washington has the second-highest gasoline prices and the third-highest diesel prices in the country, according to the American Automobile Association, and according to the Bureau of Labor Statistics, eastern Washington enjoys some of the lowest electricity costs. Problem solved, right? Well, no. The lithium-ion batteries that power EVs are expensive to manufacture, and thus expensive for the consumer. They can only go so long between charges, and the charging process can take hours in between drives. What’s needed, then, is a battery that lasts longer and charges faster.
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REC Silicon, which plans to reopen its Moses Lake, Washington plant shown here, reported revenues …
Dirt flies at the groundbreaking Oct. 9 for OneD Battery Sciences’ silane offloading station, part …