26 Aug '14, 1pm

REC Group wins 85 MW solar panel supply contract

REC Group, a leading global provider of solar energy solutions, has signed solar panel supply agreements totaling 85MW with a major US engineering, procurement and construction company for utility-scale projects in the United States. The contracts mark the first purchase orders for REC's Peak Energy 72-cell panel series, which was introduced in July to meet the specific requirements in the U.S. utility and large commercial markets.1 "REC has already doubled its US order intake over the past 12 months, thanks to the recent big wins with residential leaders SolarCity and Sunrun," said Martin Cooper, CEO of REC Group. "With our new 72-cell product, we are seizing opportunities in the US large commercial and utility markets and are demonstrating significant growth in line with our expectations." REFERENCES 1. The utility segment accounts for the largest portion of solar instal...

Full article: http://www.renewableenergyfocus.com/view/39796/rec-group-...

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