REC grows Q2 module shipments 25% year-over-year

The Norwegian solar company shipped 326 MW of modules in the second quarter of 2016, with the EMEA region seeing an 87% increase in demand. U.S. accounted for 60% of all shipments.

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Norway-headquartered REC enjoyed strong year-over-year growth in the second quarter (Q2) of 2016, boosting its solar module shipments by 25%.

By region, the U.S. market remains its strongest, accounting for 60% of the 326 MW shipped in the quarter – an increase of 57% compared to the same period last year.

According to the REC Q2 2016 report, REC’s modules are now the most popular panel brand among residential customers in the state of California and, indeed, across the entire U.S.

Elsewhere, shipments to Europe, the Middle East and Africa (EMEA) grew a massive 87% compared to Q2 2015, the company confirmed.

Other notable achievements in Q2 for REC include the expansion of the company’s Solar Professional Program for installers operating in Asia Pacific, and the ongoing acceleration of converting REC’s production facility lines to its award-winning TwinPeak module technology.

Earlier this week the firm also set a new world-record for industrial-scale multicrystalline solar cell efficiencies, achieving an average of 20.21% using a new formula for mass production. REC has also become the first module manufacturer to obtain the new ISO9001:2015 certification with zero non-conformance.

"Our strong performance and longevity is a testament to REC’s great products, services and people," said REC CEO Steve O’Neil.

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Ian Clover

Ian joined the pv magazine team in 2013 and specializes in power electronics (inverters) and battery storage. Ian also reported on the UK solar market, having worked as a print and web journalist in Britain for various multimedia companies, covering topics ranging from renewable energy and sustainability to real estate, sport and film.

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