Renewable Energy Corporation
Founded in 1994 Sandvika Norway Renewable Energy Corporation allmennaksjeselskap headquartered in Oslo, is a public company with approximately 2,500 employees.
The Group (short: REC ASA) is active in all stages of the value chain for photovoltaic modules. These include the production of silicon, the production of wafers, cells and modules based on silicon and project development. REC Silicon, REC Wafer and REC Solar: Accordingly, the REC Group consists of three divisions. The wafer production is virtually CO2-free, by electricity, which is produced by hydropower.
Products
- In the United States, REC Silicon produces at two locations, Moses Lake and Butte solar silicon. The traditional Siemens reactor process is currently being replaced by the much more energy economical fluidized bed reactor process. With the new method up to 80 % of energy can be saved. According to the company, the company is the largest manufacturer of silicon for the photovoltaic industry.
- REC Wafer is one of the market leaders in the field of polycrystalline wafers for the solar industry. A total capacity of 1.7 gigawatts produced at the two Norwegian sites Herøya and Glomfjord. In the processing of the wafers almost exclusively silicon division of REC Silicon is used.
- In the REC solar division solar cells and solar modules, both are produced. Solar cells, solar modules produced in Sweden Gällivare in the Norwegian Narvik. The annual capacity in 2008 amounted to 225 megawatts of solar cells and 150 megawatts solar modules.
Creation and development
The establishment of ScanWafer place in the year 1994; In 1999, the company was named REC. It records in May 2006 at the Oslo Stock Exchange.
Locations
The Group employs about 2,500 people and has three production sites in Norway, two in the U.S. and one in Sweden. Since 2008 is also investing in a new production site in Singapore. Offices in Munich, Barcelona, Milan, Tokyo, Shanghai and California.