Flexible Electronics News

REC Makes Further Adjustments to Wafer Production in Norway

Reduces exposure toward a continued weak spot market for wafers

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By: DAVID SAVASTANO

Editor, Ink World Magazine

To reduce its exposure towards a continued weak spot market for wafers, Renewable Energy Corporation ASA (REC) has decided to initiate a process with the trade unions, with the intention to temporarily halt 50 percent of the capacity of the 300 MW monocrystalline wafer facility in Glomfjord, Norway throughout the first quarter 2012. The temporary shutdown is expected to affect approximately 65 employees. On November 29, REC announced temporary halt of 60 percent of the production at the 650 M...

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