Jan Bicker, who replaced Steve O’Neil as the CEO of REC on March 1, says that one of his top priorities is the ongoing development of the company’s Alpha PV modules. REC plans to unveil new, more powerful panels soon, and will make a final decision on a new factory in France in June.
The funds come, on the one hand, from the regional government of Saxony-Anhalt and on the other, from the German central government.
The two companies have concluded a settlement after several years of stalling. Ecosolifer will pay for part of the cell production line ordered in 2015 but Meyer Burger will incur a net loss of almost CHF2 million.
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