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REC Group
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Short description

Producer of products spanning the entire solar energy value chain from polysilicon to solar cells and modules

Founded in 1996
Founded in

Company type Public Public (REC)
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Norway Sandvika, Norway
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Parent Companies REC Group

Updated by Matthew Doe at on 09/05/2013

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  • 1 M&A items
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Date Company
10/02/2012

Wind & Sun Wind & Sun

REC has supplied Wind & Sun with 5.8MW of modules, used on 175 properties at the Morawelon Housing Estate, on the Isle of Anglesey, Wales.

Confirmed by Wind & Sun

Partnerships
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Date Partner Type
10/05/2023
ArcLight ArcLight
Partnership aims to rapidly deploy Rec Solar's residential solar services.
View source    
Confirmed by ArcLight
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Investment Rounds
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IPO INFORMATION

Date

05/09/2006

IPO status

Listed

IPO Type

IPO

Amount

$1.131B

Initial shares

73000000

Ticker symbol

REC

Exchange listed

Oslo Stock Exchange

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
08/10/2012 Clean Energy Research Program (CERP) Clean Energy Research Program (CERP) (1)
Post-money valuation of
REC was one of five solar energy research teams selected for a grant totalling €6.9 million under the Clean Energy Research Program.
Grant
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