Consumers of solar are increasingly concerned with social and environmental issues, as well as high levels of embodied carbon within the current solar supply chain, which significantly reduces the ESG advantages of using solar energy to move away from fossil fuels.
REC Silicon anticipates future government support for sustainable supply chains, responsibly manufactured solar products, and lower emissions solar panels.
Following this, the polysilicon manufacturer has unexpectedly ended its supply chain collaboration with Violet Power, a US PV processing start-up. REC Silicon believed that collaborating with proven, reliable, and reputable solar companies would best serve its shareholders.
The strategic relationship between REC and Violet Power has been terminated, according to REC Silicon. This is consistent with the optimistic political momentum, which provides a greater platform for a decentralized supply chain than ever before.
Green energy programs, for example, aimed at meeting ratified Europa Union policies regarding the environmental issues within the 27 EU member countries. This involves sourcing 55% of electricity from renewable sources by 2030. The application of renewable energy will be the primary aspect that contributes.
In June 2021, the European Commission already scheduled a report publication. The commission will try to get recommendations based on the study on how the nations should help the entire solar industry distribution network. The program’s ultimate aim is to reach the lowest record for carbon emission at sustainable costs and expenditures by 2030.
Polysilicon, photovoltaic panels, wafers, and module configuration that meet the defined specifications at reasonable prices are the challenges the commission faces in re-establishing a completely sustainable solar industry distribution network.
REC is also collaborating with members of the Ultra Low Carbon Solar Alliance, a consortium of developed and tested solar companies, on a variety of strategy and communication measures to leverage the rising opportunities for a sustainable solar supply network.
It’s unclear how this new partnership plan varies from the previous one. The collaboration was meant to allow Violet Solar to construct a cutting-edge production facility.
The said production facility would co-exist with REC’s current polysilicon factory in the Moses Lake region. On the other hand, REC is currently investing in the development of several ongoing projects.
On the other hand, Violet Power claims that the strategic alliance’s failure will not affect their plans for US solar production. The company intends to begin manufacturing both IBC photovoltaic cells at its current 1.4GW facility in 2021, with timely deliveries for the US market by the end of the same year.