?According to Energy Matters, the deal represents one of the largest single solar panel supply agreements in Australian history. The company added that the modules will provide enough electricity to power over 5,000 Australian homes and reduce electricity generation related carbon emissions by 32,000 tons a year. ?
It went on to say that since RECs modules appeared on the Australian market in the middle of this year, they have quickly gained in popularity. "REC solar panels have been very popular in Europe for some time and the trend is continuing in Australia," commented Energy Matters co-founder Max Sylvester. "The reason for the rapid uptake is REC’s Peak Energy solar module series provide an excellent balance of value and performance."? ?
Energy Matters CEO, Jeremy Rich added: "REC is currently the only fully integrated solar panel manufacturer in the world, producing poly silicon, wafers, cells and modules 100 percent in-house. Some other manufacturers do produce all these components, but they need to buy additional quantities from third parties along the way. Each time another party is involved, it’s a weak link in the supply chain.
"REC having total control over the entire cycle simply means better production reliability and quality control. In turn, this means we can supply a superior quality product to our clients with confidence."
Norway-based REC recently set up manufacturing operations closer to Australia, in Singapore. Earlier this month, the company officially opened one a 2.5 billion Singaporean dollar integrated wafer, cell and module manufacturing facility.