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.
Published: February 10, 2010