The Norwegian solar manufacturer saw its module shipments increase 9% year-on-year to 1,266 GW in 2016. A strong fourth quarter was the main driver for this performance. Americas accounted for about 53% of the company’s shipments last year, while in the EMEA and APAC markets REC Solar sold 32% and 15% of its products, respectively.
The PERC upgrade cycle continues at pace in 2017, with it continuing to deliver orders to Swiss equipment supply giant Meyer Burger. Today it announced a new $23.7 million order for an unnamed Chinese manufacturer.
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