REC to increase mono-wafer capacity

Renewable Energy Corporation (REC) has decided to invest NOK 1,350 million to increase the monocrystaline wafer production capacity at the existing plant in Glomfjord, Norway.

The capacity will be increased from approximately 35 MW to more than 300 MW by 2010.

REC is well established as the world’s leading supplier of multicrystalline wafers, but has at pressent a relatively limited monocrystalline activity.

With the increased focus on high-efficiency cells within both mono- and multicrystalline technologies, it becomes strategically important for us to build a strong position within both these technologies which collectively represent around 90% of the current solar market, says Erik Thorsen President & CEO.

The expansion project will also include necessary investments to ensure that REC takes the step from being a monocrystalline ingot producer, to a fully integrated manufacturer of monocrystalline wafers. The total number of employees at the plant will increase from approximately 70 to around 180.

The Norway Post