Flexible Electronics News

REC Group, SolarCity Sign OEM Supply Agreement

Sign 100 MW deal with option to increase to 240 MW

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By: DAVID SAVASTANO

Editor, Ink World Magazine

REC Group, traded under the company name REC Solar ASA, and SolarCity announced a supply agreement under which SolarCity will purchase a minimum of 100 MW and up to 240 MW of REC’s high quality, high-performing Peak Energy solar panels during a 12-month period beginning in Q4 2014. SolarCity, the U.S.’s largest solar power provider, plans to install the solar panels across its 15-state service territory. The solar panels are compatible with SolarCity’s Zep Solar mounting system; REC and ZEP ...

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