Bill Gates-backed solar upstart cancels US factory in reshoring gut check
February 11, 2024 Comments Off
CubicPV Inc., a Massachusetts-based solar manufacturing upstart backed by Bill Gates, has halted its ambitious plan to construct a massive crystalline-silicon wafer hub in the US, setting off alarm bells for a sector betting billions of dollars to reform a domestic solar supply chain. As part of the sweeping restructuring, disclosed Feb. 8, the company is cutting its workforce in…
Bill Gates-backed solar upstart cancels US factory in reshoring gut check
CubicPV Inc., a Massachusetts-based solar manufacturing upstart backed by Bill Gates, has halted its ambitious plan to construct a massive crystalline-silicon wafer hub in the US, setting off alarm bells for a sector betting billions of dollars to reform a domestic solar supply chain. As part of the sweeping restructuring, disclosed Feb. 8, the company is cutting its workforce in…
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