Flexible Electronics News

REC to Separate the Solar and Silicon Business

Launching two new pure play industry leaders to capture strong solar energy growth

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By: DAVID SAVASTANO

Editor, Ink World Magazine

REC (Renewable Energy Corporation ASA) announced that it will divide the company into two entities, launching the Silicon and Solar divisions as independent, listed companies. Both companies will be industry leaders in their fields, and through the planned financial transaction REC will ensure a strong financial base which will provide a competitive advantage and a solid fundament for both companies going forward. According to Ole Enger, CEO and president of REC, dividing the company along th...

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