The ongoing solar trade war between China and the US plus Chinese feed-in tariff (FIT) uncertainty hit earnings at silicon materials major REC Solar, which announced job cuts and a production ramp-down at its Moses Lake plant in the US.
According to the company’s third quarter figures, a significant downturn in revenues, from US$71.1m in the second quarter to $50.9m in the latest, came primarily as a result of restricted access to Chinese
