31 News & Press Releases found
Rec Group - Renewable Energy Corporation News
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Desert Regions on the Horizon: REC Enters the Middle East
REC, the largest European supplier of solar panels globally, plans to make an impact at this year`s Intersolar in Munich in hall A1, booth 380, by displaying for the very first time a bi-facial solar panel concept well suited for desert ...
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REC to improve financial position and extend debt maturities
/www.w3.org/1999/xhtml">REC to improve financial position and extend debt maturities NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES Sandvika, 14 May ...
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REC joint venture, NorthLight Power, sells the 60 MW North Star project in California
Sandvika - April 9, 2013: NorthLight Power, a joint venture 60 percent owned by Renewable Energy Corporation ASA (REC) and 40 percent by Summit Power Group, LLC, today announced the sale of the 60 MWAC North Star project in Fresno County, California ...
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REC to reduce Siemens-based solar grade silicon production at its Moses Lake, WA facility
Sandvika, January 10, 2013: Due to continued market and price pressures for solar grade polysilicon, Renewable Energy Corporation ASA (REC) has chosen to temporarily reduce Siemens-based solar grade silicon production at its Moses Lake, WA, USA, ...
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Changes in REC Group Management
Sandvika, October 24; Renewable Energy Corporation ASA (REC) is making changes to Group Management.The employment of CEO Ole Enger has been extended to July 2014. After seven years with REC, Bjørn Brenna EVP & Chief Financial Officer has ...
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REC ASA has decided to cease further funding of REC Wafer Norway AS
Sandvika, August 14, 2012: REC ASA has decided to cease further funding of REC Wafer Norway AS. Consequently there is no basis for a solvent winding-up of the company and the Board of REC Wafer Norway AS has resolved to file for bankruptcy. During ...
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REC regrets the escalation in solar industry trade war and denies any wrongdoing
Sandvika, July 20, 2012: REC Silicon has been named a respondent in a trade case filing initiated by Chinese producers against polysilicon imports from United States into China. REC Silicon denies any wrongdoing in this respect and regrets this ...
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REC receives USD 35 million for terminating a long-term wafer contract
Sandvika, June 5, 2012: Renewable Energy Corporation ASA (REC) has agreed to terminate a long-term wafer sales contract and has received USD 35 million cash compensation. In the period 2006 - 2008, REC entered into a number of long term take-or pay ...
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REC Takes Eco-Friendly to the Next Level with New Solar Modules
Europe’s largest solar module producer, Renewable Energy Corporation (REC), has today launched the REC Peak Energy Eco– a new solar module produced with lead-free soldering. An innovative step in manufacturing has enabled ...
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REC Announces new Silicon Technologies Applications and Research Center in Shangyu, China
Sandvika, May 17, 2012; Renewable Energy Corporation ASA (REC), announced today that it intends to open a new applications and research center, in Shangyu, China. The STAR Center (Silicon Technologies Applications and Research Center) will be a ...
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REC to exit all wafer operations in Norway
Sandvika, April 24, 2012: With prospects of continued negative operating results, Renewable Energy Corporation ASA (REC) has decided to close down the remaining 650 MW multicrystalline wafer plant at Herøya currently in operation. Production ...
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REC Launches Industry Leading Certification Program for Solar Installers
REC has launched an industry leading certification program for solar installers including warranty extension and service fees for those who comply. More than 100 installers in six countries are already certified as REC Solar ...
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REC to permanently close down its operations in Glomfjord, Norway
Sandvika, March 21, 2012: Renewable Energy Corporation ASA (REC) has decided to permanently close down its operations in Glomfjord, Norway. With prospects of continued negative operating results in Glomfjord, REC has decided to close down ...
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REC receives NOK 220 million for terminating a long term wafer sales contract
Reference is made to the third quarter 2011 report, where REC is expecting to continue to recognize income from termination of long term wafer sales contracts. In the period 2006 - 2008, REC entered into a number of long term wafer sales contracts. ...
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REC makes further adjustments to wafer production in Norway
Sandvika, January 4, 2012: To reduce its exposure towards a continued weak spot market for wafers, Renewable Energy Corporation ASA (REC) has decided to initiate a process with the trade unions, with the intention to temporary halt 50 percent ...
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Challenging markets - REC makes further adjustments to wafer production in Norway
Sandvika, November 29, 2011: On the basis of further weakening of the solar market, Renewable Energy Corporation ASA (REC) has decided to initiate a process with the trade unions, with the intention to temporary halt 60 percent of the capacity of ...
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REC receives NOK 370 million for terminating long term wafer sales contract
Sandvika, November 3, 2011: Reference is made to the third quarter report, where REC is expecting to recognize income from termination of long term wafer contracts in the fourth quarter 2011. In the period 2006 - 2008, REC entered into a number of ...
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REC to assess permanent closedown of parts of the production capacity in Norway
Sandvika, September 28, 2011: The Board of Directors of Renewable Energy Corporation ASA (REC) has resolved to initiate a process, including formal deliberations with the employee representatives to assess permanent closedown of parts of the ...
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REC receives USD 40 million for terminating a long-term wafer contract
Sandvika, September 19, 2011: Renewable Energy Corporation ASA (REC) has agreed to terminate a long-term wafer sales contract and receives USD 40 million cash compensation.In the period 2006 - 2008, REC entered into a number of long term take-or pay ...
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REC extends temporary shutdown of production capacity
Sandvika, August 25, 2011: Renewable Energy Corporation ASA (REC) extends temporary shutdown of production capacity.REC has earlier announced temporary shutdown of production capacity in Norway throughout the third quarter.Market prices have ...