In the five years since bitcoin was created, the hunt for them has consumed enough electricity to keep the Eiffel Tower lit for 260 years. One man’s way around the utility bills: the family power plant.
REC Silicon ASA will build a polysilicon and silane gas plant in China through a joint venture as the maker of materials used in solar panels seeks to take advantage of growing demand in the world’s biggest market.
Renewable Energy Corp. ASA said its subsidiary REC Silicon has experienced a power supply outage with a 100 percent power loss and consequently all of REC Silicon’s manufacturing facilities in Moses Lake, Washington, have been shut down.
Renewable Energy Corp., the Norwegian solar maker grappling with excess capacity and falling demand, declined the most in almost a month in Oslo after announcing production cuts at its Moses Lake plant in the U.S.
Renewable Energy Corp ASA, the solar maker grappling with excess capacity, dropped the most in almost three months in Oslo as weaker-than-expected cash flow and slower cost cuts increased the chance of a dilutive share sale.