REC produces millionth module in Singapore

(ADPnews) - Nov 4, 2010 - Norwegian photovoltaic (PV) equipment maker Renewable Energy Corporation ASA (OSL:REC), or REC, said it produced its millionth solar module in the Singapore-based factory it officially opened yesterday.

The module is from the recently unveiled REC Peak Energy series, already used by REC's customers in 12 countries, the company said.

The Singapore plant will monthly make over 190,000 modules aiming at a competitive cell efficiency target of 16.8 % by 2011.

The factory's initial capacity is 590 MW of modules per year. It will also turn out 550 MW of solar cells and 740 MW of wafers.

At end-September this year, REC announced it will discontinue module production at its 150 MW ScanModule AB facility in Sweden.

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