VAUGHAN, ON, Oct. 21 /CNW/ - 6N Silicon Inc. is pleased to announce its
new Head Office and production facilities in Vaughan, Ontario. Shipments of
solar grade polysilicon have commenced from the new 2,000 Tonne/year
manufacturing facility, satisfying initial scheduled deliveries for 6N's
volume customer contracts.
Primary funding for the new production operation was provided by the
company's $20 million B Financing Round that closed in March of this year.
Additional support was provided by the Government of Ontario's Next Generation
of Jobs Fund. Production commenced within six months of the financing, and
within four months of securing this pre-existing facility. The last few years
have seen large-scale shortages of purified silicon in the solar industry.
With this initial production plant, 6N has confirmed its ability to add
capacity quickly and at low capital cost. Further production expansions are
The use of standard, pre-existing light-industrial facilities
distinguishes the 6N operations from traditional and other alternative
purification processes. These new operations demonstrate the compact footprint
and low input energy requirements of the 6N process. Development and
refinement of the 6N process has been conducted through the company's
three-year EOS Project, supported by the Government of Canada's Sustainable
Development Technology Canada (SDTC) and Ontario's Innovation Development Fund
(IDF). The EOS Project is ongoing and remains housed at 6N's original
Paolo Maccario, 6N Silicon CEO, said, "We are proud to have achieved this
important milestone. On time and on budget, we have again demonstrated the
core advantages of the 6N business and strength of our team. This is an
exciting day for us and a promising time for the solar industry."
6N Founder and CTO, Scott Nichol added, "It is very gratifying to see our
vision of an affordable and easily scalable process realized and to see our
hard development work pay off with the launch of this full scale production
operation. Now that this facility has reached stable production, we can't wait
to add yet more capacity and refine the process even further."
About 6N Silicon
6N Silicon has developed a disruptive, low-temperature process that
leverages the use of metal solvents for the cost-effective production of true
solar grade silicon. The unique 6N Silicon approach satisfies two fundamental
solar PV industry requirements; fast capacity growth with low overall cost.
Headquartered in the Greater Toronto Area, 6N Silicon is in the heart of
Canada's metal processing industry and expertise.
6N Silicon has received the Deloitte & Touche Technology Green 15 Award
for the past two years in a row, recognizing it as one of the top green
technology companies in Canada. The company has also received the Red Herring
Top 50 Award. 6N investors include Good Energies, Ventures West and Yaletown
Venture Partners. For more information, please visit 6N Silicon's web site at
For further information:
For further information: 6N Contact: David Dunnison, VP Business
Development, firstname.lastname@example.org, (905) 856-0367