REC Group Again Increases its Footprint in India by Securing RESCO Orders of 45MW in Rooftop Solar


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NEW DELHI, August 23, 2018/PRNewswire/ --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 whooping 45MW.

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    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 40GW, with roughly 2.5 GW of cumulative installed base.
    Cleanmax Solar, Fourth Partner Energy and SunSource, together placed orders for 45MW of REC modules for their RESCO projects spanning the country, with close to 40MW of modules supplied being REC's TwinPeak technology based modules. REC's premium TwinPeak 2S72 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 has 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 mono n-type 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 TwinPeak Series and the N-Type Mono at the Renewable Energy India Expo show, slated to be held at India Expo Centre, Greater Noida from 18-20 September.
    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. Find out more at http://www.recgroup.com.

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@recgroup.com

Media Contact:
Shikha Upadhayay
shikha.upadhayay@recgroup.com
+91-9953943411
Manager Marketing Communications & PR, REC India

Source: REC Group
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