REC Silicon Publishes Third Quarter 2016 Results
Fornebu, Norway - REC Silicon reported third quarter revenues of USD 50.9 million, compared to USD 71.1 million in the previous quarter. The lower revenues are primarily a result of the disruption of the solar grade polysilicon market due to the expiration of the 2015 feed in tariffs in China, which affected the entire value chain.
Source: IWR Online, 10 Nov 2016