CubicPV responds to market shifts, abandons Wafer factory 

CubicPV, a solar energy equipment manufacturer backed by Bill Gates’ Breakthrough Energy Ventures, has abandoned plans for a major U.S. silicon wafer factory due to plummeting product prices and soaring construction costs. The move deals a setback to the Biden administration’s goal of establishing a domestic solar energy supply chain. CubicPV had aimed to complete…

OCIM and CubicPV’s secures strategic supply partnership

CubicPV and OCIM Sdn.Bhd. announce an $1B, eight-year supply agreement for U.S.-compliant silicon. The deal ensures a stable polysilicon supply for Cubic’s upcoming U.S. factory, mitigating supply chain risks and meeting stringent quality standards. The fully traceable silicon aligns with U.S. laws and customer requirements. In the past six months, Cubic achieved high wafer production…