- US approves early funding for Morocco polysilicon plant tied to solar and chips
- Project targets China’s dominance over polysilicon used in solar supply chains
The United States has approved financing support for an $870mn polysilicon project in Morocco, underscoring a strategic push to diversify solar and semiconductor supply chains away from China.
The project, led by Morocco’s Sondiale SA, has received a $4.75mn pre-investment grant from the US International Development Finance Corporation (DFC) and could eventually draw up to $550mn in American-backed financing, signalling deepening US involvement.
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in