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REC Group again increases its footprint in India by securing RESCO orders of 45 MW in Rooftop Solar

New Delhi, India August 22, 2018
REC Group, the number one European brand for solar photovoltaic (PV) panels in India, clocked major orders in the rooftop RESCO segment in the month of June and July. The total orders combined for the three-leading solar EPC companies in India amounted to a whopping 45 MW.

It is a major achievement for REC Group in India as rooftop solar, though a key point of government’s plan, is still at 6% of the stipulated target of 40 GW, with roughly 2.5 GW of cumulative installed base.

Cleanmax Solar, Fourth Partner Energy and SunSource, together placed orders for 45 MW of REC panels for their RESCO projects spanning the country with close to 40 MW of panels supplied being REC’s TwinPeak technology-based modules. REC’s premium TwinPeak 2S 72 Series comes with the best temperature coefficient, industry leading low warranty claims , half-cut PERC cells and a twin-panel design for better performance under shaded conditions, indicating a clear preference for efficiency over mere quantitative parameters.

These orders make it amply evident that REC panels are a clear favorite for the commercial and industrial segment in rooftops where reliability and track record on the ground are fast becoming the catch phrases ensuring real LCOE advantage for the end consumer.

REC Group has always pushed the technological benchmarks and have recently unveiled its new flagship product, the N-Peak Series, breaking fresh ground for REC and the industry: this is the first solar panel to combine n-type mono half-cut cells with a twin-panel design. It is REC’s most powerful 60-cell module ever and promises excellent power output of up to 330 watt peak for lasting performance. The production of n-type mono cells kicked off at the end of June in REC’s brand-new ‘Industry 4.0’ cell building at the company’s Singapore plant.

REC shall be showcasing its award-winning REC TwinPeak 2S 72 Series and the N-Peak at the Renewable Energy India Expo  show, slated to be held at India Expo Centre, Greater Noida from September 18-20 .

For further information please contact:
Agnieszka Schulze
Head of Global PR, REC Group
Leopoldstraße 175
80804 Munich, Germany
Tel.: +49 89 54 04 67 225
E-mail: agnieszka.schulze [at] recgroup.com

About REC Group:
Founded in Norway in 1996, REC Group is a leading vertically integrated solar energy company. Through integrated manufacturing from silicon to wafers, cells, high-quality panels and extending to solar solutions, REC Group provides the world with a reliable source of clean energy. REC’s renowned product quality is supported by the lowest warranty claims rate in the industry. REC Group is a Bluestar Elkem company with headquarters in Norway and operational headquarters in Singapore. REC Group employs more than 2,000 people worldwide, producing 1.5 GW of solar panels annually.

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