REC Group recently signed solar panel supply agreements totaling 85 MW with a major U.S. engineering, procurement and construction (EPC) company for utility-scale projects in the United States. The multimillion-dollar deal marks the first purchase orders for its Peak Energy 72-cell panel series, which was introduced in July to meet the specific requirements in the U.S. utility and large commercial markets. The solar panels shall be delivered to the EPC customer from July 2015 until February 2016.
“REC has already doubled its U.S. order intake over the past 12 months, thanks to the recent big wins with residential leaders SolarCity and Sunrun,” says Martin Cooper, CEO of REC Group. “With our new 72-cell product, we are seizing opportunities in the U.S. large commercial and utility markets and are demonstrating significant growth in line with our expectations.”
“Based on our discussions with several large EPC firms and developers in the U.S., we believe that our order pipeline in the U.S. will continue to increase,” adds Arndt E. Lutz, senior VP, North America & Carribbean, REC Group.
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