Flexible Electronics News

REC Sells Solar Vision in South Africa

Jakes Jacobs leads management buyout

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

REC announced that the ownership of Solar Vision (PTY) Ltd., which has until recently been a fully owned subsidiary of REC, are no longer defined as core business for REC and has consequently been sold through a management buyout. REC entered the rural solar energy off-grid markets as a pioneer in several African markets. Through its activities and investments, it has shown that Solar Vision is a successful player in the PV rural electrification segment in South Africa. Solar Vision will buil...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters