Comments on: After company acquisition, REC now has backing to open 1-GW module assembly facility in USA

By: Solarman

Solarman — Wed, 13 Oct 2021 00:34:00 +0000

In reply to Kelly Pickerel. On the REC website, the AGM and EGM still references Oslo Norway and the last meeting was actually translated to English. It's not apparent the foundry isn't still a part of REC Norway. Then the question remains, is the plant still doing business and with 'whom' are they doing business with?

By: Kelly Pickerel

Kelly Pickerel — Tue, 12 Oct 2021 19:11:13 +0000

In reply to Solarman. REC Silicon in Washington and REC Group in Norway have been two separate organizations for almost 10 years now.

By: Solarman

Solarman — Tue, 12 Oct 2021 19:09:19 +0000

“The investment from Reliance will allow REC to grow to over 5 GW of capacity within the next three years — with 2 to 3 GW of cell and module capacity in Singapore, a brand new 2-GW cell and module facility in France and a 1-GW module assembly plant in the United States.”

A “new” 2GW ‘cell’ and module facility in France and a module facility plant in the U.S. of 1GW. The original REC plant in Washington State, will it be used to feed the supply chain for the 1GW plant in the U.S. or not? What’s going one here?