REC Announces New Silicon Technologies Applications and Research Center in Shangyu, China

Renewable Energy Corporation ASA (REC), announced that it intends to open a new applications and research center, in Shangyu, China. The STAR Center (Silicon Technologies Applications and Research Center) will be a technology development and training facility that provides localized support for REC Silicon customers. Additionally, the company will exhibit at the sixth Annual SNEC International Photovoltaic Conference in Shanghai this week, where Tore Torvund, executive vice president, REC Silicon, delivered a keynote presentation at the silicon materials session (see attached presentation).

“The solar polysilicon market has been very challenging this past nine months, especially in China. However, REC’s NextSi granular polysilicon and FBR (Fluidized Bed Reactor) manufacturing technology ensures the company is sustainable and uniquely positioned for success in China going forward. Also, the establishment of the STAR Center is a commitment to our customers in China, and we expect to grow and play a key role in the solar and semiconductor materials industry in the years to come,” said Torvund.

“The STAR Center will be our regional customer support and applications facility with the express purpose of teaching our customers how to use our products and teaching ourselves how customers should use our products. In doing this, we can better determine the value proposition of our material in our customers’ processes,” Kurt Levens, vice president of commercial development and planning, REC Silicon, commented. “REC Silicon recognizes the importance of China’s solar and semiconductor industry and we want to be close to our expanding customer base in China.”