36 news items tagged REC
Polysilicon market to see dynamic growth, says Bernreuter Research
Wednesday 23 December 2020After three years of nearly stagnant demand, the polysilicon industry is entering a new phase of dynamic growth. As photovoltaic power plants have become the cheapest source of energy,...
REC Silicon suspends plant amid US-China trade row
Monday 15 July 2019REC Silicon has disclosed it will suspend its FBR facility in Moses Lake, Washington on July 15, 2019 as its access to polysilicon market in China has not been restored.
Hanwha Q Cells accuses Jinko, LONGi, REC Solar of patent infringement
Thursday 7 March 2019South Korea-based PV maker Hanwha Q Cells has filed charges in the US and Germany against threel China companies, accusing them of infringing on its patents regarding passivation...
REC Technology to bring new capacity into operation
Friday 4 March 2016Automotive tracking management system maker REC Technology is setting up production capacity at a factory of automotive diode maker Actron Technology, and will begin operation there...
REC encourages dialogue and calls for conciliatory solutions in solar trade disputes
Monday 22 July 2013China on July 19 announced introduction of preliminary anti-dumping duties of up to 57% on polysilicon produced in the US and South Korea from July 24, 2013. REC Silicon was assigned...
REC reports 24% sequential decrease in 1Q13 revenues
Friday 26 April 2013Norway-based Renewable Energy Corporation (REC) has reported first quarter 2013 revenues of NOK1,278 million (US$217 million), down 24% compared to revenues in the fourth quarter...
REC Silicon to produce semiconductor-grade polysilicon using FBR
Wednesday 17 October 2012REC Silicon, the US subsidiary of Norway-based solar firm REC, held a product launch in Taipei on October 16, 2012. The firm introduced the polysilicon product made by silane, Siemens,...
Digitimes Research: June solar installations surge to 1.69GW in Germany
Friday 14 September 2012Solar installations usually increase significantly before the effective date of solar incentive cuts. New solar installations in Germany reached 4.37GW (total installations in Germany...
China polysilicon firms urge government to conduct anti-dumping investigation against Europe peers
Monday 20 August 2012China-based polysilicon firms have reportedly filed a request with China's Ministry of Commerce hoping the government will begin an anti-dumping and anti-subsidy investigation against...
REC Wafer declares bankruptcy
Monday 20 August 2012Norway-based solar wafer firm REC Wafer has filed for bankruptcy after its parent company REC ASA announced the termination of further funding last week.
REC has decided to cease further funding of solar wafer subsidiary
Tuesday 14 August 2012REC ASA has decided to cease further funding of its solar wafer subsidiary, REC Wafer Norway AS. Consequently there is no basis for a solvent winding-up of the company and the Board...
REC reports 2Q12 revenues
Friday 20 July 2012Renewable Energy Corporation (REC) reported second quarter 2012 revenues for NOK1,987 million (US$325 million).
REC launches first commercially available solar module with backside passivation technology
Wednesday 13 June 2012According to REC, the new REC Peak Energy Plus Series delivers an additional 5W compared to the earlier generation product. The new solar module has a nominal power output in watt...
REC receives US$35 million for terminating a long-term wafer contract
Thursday 7 June 2012Norway-based Renewable Energy Corporation (REC) has agreed to terminate a long-term wafer sales contract and has received US$35 million in cash compensation.
REC announces new research center in China
Thursday 17 May 2012Renewable Energy Corporation ASA (REC) announced that it intends to open a new applications and research center, in Shangyu, China. The Silicon Technologies Applications and Research...
April orders unaffected by Germany FIT cuts, says Solartech chairman
Friday 16 March 2012Kong-Hsin Liu, chairman of Taiwan-based solar cell maker Solartech, has indicated that first-quarter 2012 performance will be better than fourth-quarter 2011. In addition, Liu noted...
REC sees 4Q11 revenues down 5% on-quarter
Thursday 9 February 2012Renewable Energy Corporation ASA (REC) has reported fourth-quarter 2011 revenues of NOK2,865 million (US$499 million).
REC makes further adjustments to wafer capacity in Norway
Thursday 5 January 2012To 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...
Digitimes Research: Solar firms facing concerns over the ability to repay loans
Wednesday 7 December 2011Since the second half of 2011, many solar firms have been suffering losses and possible bankruptcies. US-based Solyndra, Spectrawatt and Evergreen Solar all declared bankruptcy. Many...
REC cuts wafer production in Norway
Wednesday 30 November 2011On 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...
REC third quarter revenues down 12%
Thursday 27 October 2011Norway-based Renewable Energy Corporation ASA (REC) has reported third-quarter 2011 revenues of NOK3,001 million (US$546 million) and EBITDA of NOK370 million. The operating result...
Europe debt crisis causing shortage of bank loans for solar firms
Monday 17 October 2011After a string of bankruptcies declared by US-based solar firms, many Europe-based solar firms have been feeling pressure due to the Europe debt crisis, according to market waters...
Power outage in REC US polysilicon plant
Friday 7 October 2011REC Silicon has experienced a power supply outage with a 100% power loss and consequently all of REC Silicon's manufacturing facilities in Moses Lake, Washington, were shut down on...
REC to assess permanent closedown of parts of production capacity in Norway
Thursday 29 September 2011The 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...
Price drops for polysilicon likely to push solar industry closer to grid parity
Wednesday 24 August 2011The major solar markets such as Germany, Italy and Spain have been decreasing solar incentives in recent years causing demand to dwindle. The low demand has caused prices of solar...