New REC Peak Energy Solar Module Delivers More Power Per Square Meter

* Reuters is not responsible for the content in this press release.

Thu Apr 22, 2010 4:00am EDT

SANDVIKA, Norway--(Business Wire)--
Fourth generation module, the first commercial product from one of the world`s
largest integrated solar manufacturing facilities, provides more power per
square meter with efficient cell and glass design and an average increase of
nine watts per module.

The REC Peak Energy Module is the first commercial product to be produced at
REC`s new manufacturing facility in Singapore. This site is one of the most
integrated and automated in the industry, allowing REC to increase solar cell
and module volumes four fold. "The REC Peak Energy Module is a solid investment
for customers in the commercial, residential, and utility segments, helping REC
to become a leading module producer", said John Andersen, Jr., Executive Vice
President REC Solar and Group Chief Operating Officer. With the successful
start-up of the plant and this product launch, REC has combined a commitment to
quality, part of the company`s Norwegian heritage, with Singapore`s high-quality
manufacturing capability. 

The REC Peak Energy Module delivers more power per square meter due to several
design improvements. Introduction of three bus bars and improved contact between
the cell and metal fingers, improves electrical flow, producing an average power
gain of nine watts. The unique glass etching process completed in house,
utilizes Sunarc technology to increase energy production by two percent. The
modules are easy to install with made-to-fit cables and multiple grounding
points that reduce the ground wire needed in installation. Easy to lift and
handle, the modules have a robust and durable design, supporting a large
mechanical load (5400 pascal). "Delivering more power per square meter, with the
REC Peak Energy Series we continue to innovate, producing high-performance
modules with a focus on quality and efficiency", said Åsmund Fodstad, Vice
President, Sales and Marketing, REC. The REC Peak Energy Module is available
worldwide for purchase now. 

Committed to sustainability, REC modules have an industry leading energy payback
time of one year. This is being reduced with innovations such as the new
fluidized bed reactor (FBR) silicon production process which uses 80 to 90
percent less energy than traditional methods. One of the world`s most integrated
solar companies, REC is in a competitive position for the long term, building on
a range of products and increased production volumes. 

For further information, please contact:

Åsmund Fodstad, Vice President, Sales and Marketing, REC; +47 95 42 30 70 

About REC

REC is a leading vertically integrated player in the solar energy industry. REC
is among the world's largest producers of polysilicon and wafers for solar
applications, and a rapidly growing manufacturer of solar cells and modules. REC
is also engaged in project development activities in selected PV segments.
Founded in Norway, REC is an international solar company, employing more than
3,000 people worldwide. REC had revenues of approximately EUR 1 billion in 2009.
Please visit www.recgroup.com to learn more about REC. 

For more information on the REC Peak Energy Series please visit:
www.recgroup.com/recpeakenergyseries

REC
Åsmund Fodstad, +47 95 42 30 70
Vice President, Sales and Marketing 

Copyright Business Wire 2010

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