REC’s (www. recgroup. com/) vision is to become the most cost-efficient solar energy company in the world, with a presence throughout the whole value chain. REC is presently pursuing an aggressive strategy to this end. Through its various group companies, REC is already involved in all major aspects of the PV value chain. The company located in H0vik, Norway, has five business activities, ranging from silicon feedstock to solar system installations.
In 2005, Renewable Energy Corporation AS (“REC”) took over Komatsu’s US subsidiary, Advanced Silicon Materials LLC (“ASiMI”), and announced the formation of its silicon division business area, “REC Silicon Division,” comprising the operations of REC Advanced Silicon Materials LLC (ASiMI) and REC Solar Grade Silicon LLC (SGS). Production capacity at the end of 2010 was around 17,000 tons [9] and according to the company, 11,460 tons electronic-grade silicon was produced in 2010.
