REC Silicon reported fourth quarter revenues of USD 80.4 million, up from USD 50.9 million in the previous quarter.
REC has launched a new REC TwinPeak 2 series 295W 60 cell multicrystalline solar panels. The REC TwinPeak 2 Series use PERC cells from larger wafers (156.75 mm), and five busbars – both firsts for REC products.
REC Solar announced module shipments of 276 MW in Q3 2016. Quarterly volume decline by 15% compared to Q2 2016. In Q3 2015 the company´s shipments were 361 MW.
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.
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