HyCore’s R&D activities on hold

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HyCore’s R&D activities on hold

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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.

: February 10, 2010

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