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Company history

REC was founded in Norway in 1996 and has since come a long way; from hand-washing its first wafer, to producing more than 43 million panels in its history at end-2021, REC has had the sustainable production of clean energy products as its core focus, growing from a pioneer in the solar industry, to a world leader.

The early days

REC established in Norway

1997 First wafer washed by hand in summer 1997
1997 - 2010 Production of wafers, solar cells, and solar panels in Scandinavia (Norway and Sweden)
Growth phase
2010 Fully automated and integrated production of wafers, cells, and panels begins at state-of-the-art factory in Singapore
2013 Split of REC from Renewable Energy Corporation ASA (REC Silicon)
2015 REC acquired by Norway’s Elkem Group (Bluestar Investment Co. Ltd.)
Solar's Most Trusted

REC becomes part of Reliance Industries Ltd. and accelerates its expansion 

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