REC Group announced today that it has signed solar panel supply agreements totaling 85MW with a major US engineering, procurement and construction (EPC) company for utility-scale projects in the United States.
The multimillion-dollar deal underscores REC’s accelerating momentum in the US across all segments. The contracts also mark the first purchase orders for its Peak Energy 72-cell panel series, which was introduced in July to meet the specific requirements in the US 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 US order intake over the past 12 months, thanks to the recent big wins with residential leaders SolarCity and Sunrun,” said Martin Cooper, CEO of REC Group. ”With our new 72-cell product, we are seizing opportunities in the US large commercial and utility markets and are demonstrating significant growth in line with our expectations.”
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