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REC's high performing and low carbon footprint solar panels to fuel the green building revolution

Mumbai, India November 1, 2017
REC Group, the leading European brand for photovoltaic (PV) panels, stresses the need to explore viable solutions to realize net-zero energy or green buildings in order to attain a carbon-neutral future. The awareness for the added value of green buildings is increasing and becoming a hot topic worldwide. During Greenbuild Expo in Mumbai, November 2-5, visitors can experience the value that REC Group will add to their properties and businesses by empowering sustainable growth.

Greenbuild 2017 Expo in Mumbai: Solar panel manufacturer supports households and businesses to realize net-zero energy buildings in India and worldwide

The growing adoption of sustainable architecture for buildings is an important global trend for two reasons: Roughly one third of a country’s energy consumption is allotted to the building sector. Rooftop solar installations do not require additional space. This makes zero-energy buildings a key driver for the reduction of greenhouse gasses.

Energy consumption is one of the most important factors contributing to the carbon footprint of a building. A switch to renewable energies, even partially, has therefore a huge impact on the overall carbon neutrality. Rapid urbanization has meant that there is constant addition of new buildings creating a never-ending demand for energy consumption. This is especially the case in developing nations, creating a huge opportunity to install mass-scale solar rooftop solutions.

As a leading industry partner for the residential and commercial rooftop solar market, REC Group offers high performance and low carbon-footprint products enabling companies to power their properties and business while contributing to the collective efforts on mitigating climate change and protecting the environment.

Many countries have already developed and adopted guidelines for minimum requirements for new and existing private and commercial buildings. For example, the European Union requires all new buildings to be nearly net-zero energy by the end of 2020, new public buildings by 2018, as outlined in its Energy Performance of Buildings Directive. In the United States, California targets all new residential constructions to be near net-zero energy buildings by 2020 as outlined in the Statewide Energy Efficiency Strategic Plan. In the Indian State of Rajasthan which is the largest state area wise the new norms mandate that hospitals, hotels, hostels, lodges, community centers and even residential buildings proposed on plots of more than 500 square meters will be required to make provision for solar infrastructure to light up public spaces and corridors.

Solar is a major contributor for LEED Certification of Green Buildings

“We will see solar panels not only at ground level or on rooftops, but also fully integrated into net-zero energy buildings, charging our vehicles and even floating on bodies of water”, comments Steve O’Neil, CEO at REC Group. “To meet the regulations for green buildings and achieve LEED certification, the use of solar energy plays a significant role. During the past 40 years, each time the solar capacity has doubled, costs dropped by approximately 30%. Solar has become cheaper than retail electricity prices in around 50 countries
worldwide. It is becoming part of a larger ecosystem, including storage, transport, buildings, power and infrastructure. Solar will be powering all our needs”, O’Neil adds.

Recently, REC demonstrated how by utilizing a high-quality solar PV system even commercial buildings can be operated as net-zero energy buildings, helping to increase the property’s value. The system was donated to the new Singapore Sustainability Academy (SSA), it will generate over 60,000 kWh of clean energy each year, mitigating 33 tonnes of CO2 emissions annually.

Learn more about REC’s high performance and low carbon footprint product range at Greenbuild 2017:
Meet the REC team at the 1st Greenbuild Conference and Expo happening in Mumbai at Bombay Exhibition Centre ( NESCO) from 2nd to 5th November. Visitors can experience the value that REC Group will add to their businesses by empowering sustainable growth. Visit REC at booth J 35.

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 [at] recgroup.com

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 1.4 GW of solar panels annually. Find out more at www.recgroup.com

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