Company history

REC was founded in Norway in 1996 and has since come a long way; from hand-washing its first wafer, to producing more than 43 million panels in its history at end-2021, REC has had the sustainable production of clean energy products as its core focus, growing from a pioneer in the solar industry, to a world leader.
 

The early days	1996	REC established in Norway
	1997	First wafer washed by hand in summer 1997
Industrialization	1997 - 2010	Production of wafers, solar cells, and solar panels in Scandinavia (Norway and Sweden)
Growth phase	2010	Fully automated and integrated production of wafers, cells, and panels begins at state-of-the-art factory in Singapore
	2013	Split of REC from Renewable Energy Corporation ASA (REC Silicon)
	2015	REC acquired by Norway’s Elkem Group (Bluestar Investment Co. Ltd.)

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2021

REC becomes part of Reliance Industries Ltd. and accelerates its expansion