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REC Silicon’s Revenue Falls 26% YoY as it Shuts Polysilicon Facility

Average polysilicon prices for the quarter decreased by 65.6 % sequentially

February 14, 2025

/ Arjun Joshi
/ Finance and M&A, Other
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Norway-based silicon material manufacturer REC Silicon reported a revenue of $29.7 million in the fourth quarter (Q4) of 2024, a 26.5% year-over-year (YoY) decline from $40.4 million.

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Arjun Joshi

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