For the past five years, 1366 Technologies has been the poster child of the U.S. Department of Energy’s (DOE) Loan Guarantee Program.
While recipients such as Solyndra and Beacon Power went belly-up, the innovative wafer maker had not only survived but was thriving, with impressive technical results, a massive contract to supply its Direct Wafers to Hanwha Q Cells, and a partnership with polysilicon giant Wacker Chemie.
But while DOE agreed to fund 1366 Technologies’ first large-scale solar manufacturing facility in upstate New York in 2011, six and a half years later no disbursements have been made, and the company has withdrawn from the loan guarantee process.
Read the full article on pv magazine USA.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
2 comments
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.