Iosil awarded $1.25M from Research and Development Investment Loan Fund
Iosil Energy Corporation (Franklin County) has been awarded $1.25 million from the Research and Development Investment Loan Fund. The loan will be used for the purchase of machinery and equipment that will produce solar grade polysilicon and to lease space for manufacturing and office needs. Founded in 2002, Iosil Energy is uniquely positioned in the solar photovoltaic industry with a breakthrough technology for the production of high-purity polysilicon. Iosil Energy manufactures polysilicon and offers a service to recover and re-use silicon waste from the wafer-sawing operations. The $5 million project is expected to create 20 jobs.
