REC Silicon ASA (REC) achieved revenues of $50.9 million in Q3 2016, compared to $87,5 million in the same quarter of the previous year. Furthermore, the company will lay off approximately 70 employees.
REC’s Q2 2016 Solar Market Insight Report: Increase in shipments, growth in markets, and exciting product achievements
REC, a leading fully integrated European brand of solar panels, announces that the company has developed a formula and process to mass produce multicrystalline solar cells with efficiencies above 20%
REC Silicon ASA (REC) announced measures to maintain a healthy cash position and manage inventory levels.
REC reported second Quarter 2016 revenues of $71.1 million. Regarding the 1st 6 month the revenues decreased year over year from $167.4 million in the first half of 2015 to $139.9 million in the first half 2016
We frequently use these panels. The service is very good; they offer very useful technical solutions. So far we havent had any problems with them.
This brand can produce lots of electricity with very high efficiency rate. Its modules have enough protection to keep working under severe conditions in Australia.
-- Nikky Cumming, Go4Solar