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REC Wafers and Modules Certified for European Content Premium Available for Solar Systems in Italy

2011-09-15 10:15
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SANDVIKA, Norway--(BUSINESS WIRE)--Wafers and modules produced by REC are both now certified to benefit from the 10 percent premium available as part of an Italian photovoltaic incentive scheme for solar systems containing European components.

The fourth Italian Energy Bill on incentives for photovoltaic, which entered into force in May this year, provides a premium of 10 percent for all photovoltaic systems containing European materials. REC modules containing wafers and/or cells produced in Norway are now certified by TÜV as European content. All products produced in Norway, as part of the European Economic Area Agreement, are treated as European.

"REC is well positioned due to our production across the solar value chain to provide customers with the quality European content required to access the Italian market," said John Andersen, Jr., Executive Vice President and Group COO, REC.

REC wafers produced in Norway are certified as European allowing wafer customers of REC to certify their products as European. REC Peak Energy Series EU Modules containing components (wafers or cells) produced in Norway are eligible for the premium.

REC has an Italian-based module sales office and has several large systems already installed in the country, which is the second largest solar market worldwide.

About REC

REC is a leading vertically integrated player in the solar energy industry. Ranked among the world's largest producers of polysilicon and wafers for solar applications and a rapidly growing manufacturer of solar cells and modules, REC also engages in project development activities in selected PV segments. Founded in Norway in 1996, REC is an international solar company employing about 4,000 people worldwide with revenues approximately EUR 1.7 billion in 2010. Visit www.recgroup.com to learn more about REC.

 

Contacts

Sales:
Henrik Lund, Sales Manager
REC Wafer
henrik.lund@recgroup.com
+4797764558
or
Press:
Heather Pace Clark, Marketing Public Relations Specialist
REC Solar
heather.clark@recgroup.com
+4795150324