Silicor Materials signs $8.9M USD Project Management Contract with AM Technical Solutions

Silicor Materials has signed a contract with AM Technical Solutions (AMTS) for the project management of Silicor’s first commercial-scale plant in Grundartangi, Iceland.

Both the companies will work together for next 36 months to complete the 121,000 square-meter production facility, which will supply photovoltaic (PV) cell and module manufacturers around the world with at least 19,000 metric tons of solar silicon each year.

Under the terms of the agreement, worth more than $8.9M USD, AMTS is responsible for overseeing and executing the project’s strict timeline and controlling the budget throughout the construction process.

Sandeep Davé, Chief Business Officer of AMTS in a statement said “AMTS’ goal is to deliver excellent results for Silicor at impressive scale, recognizing that this facility will place Silicor among the world’s top six solar silicon producers by volume.”

 “With over 20 years of experience in the high tech building and project management space, AMTS is uniquely qualified to bring Silicor’s first commercial-scale facility to life in an ambitious timeframe,” said Terry Jester, CEO of Silicor Materials. “AMTS will help Silicor make a huge impact on renewable energy. Once we are running at full capacity, Silicor’s flagship facility in Grundartangi will produce enough silicon annually to make solar panels for 800,000 homes.”

Silicor selected the Austin, Texas-based AMTS because of the company’s international experience and strong track record managing the construction of complex high tech facilities. AMTS will integrate the civil construction and process equipment elements of the project.