Hydro and Umicore Suspend Silicon Development Work

Hydro and the Belgian company Umicore have decided to put the research and development activities in the joint venture HyCore on hold.

HyCore, headquartered in Porsgrunn in Norway, has been working to develop a new technology for solar-grade silicon for use in solar cells.

The research and development activities are being put on hold as a result of the large uncertainty related to further development of the technology. In addition the solar energy market is oversupplied with solar-grade silicon.

HyCore's board of directors will now evaluate the further management of the company.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.