REC signs largest solar panel supply deal in Australia to date

Nov. 23, 2010 - Emma Hughes - pv-tech.org

Energy Matters, the Australia-based solar power solutions provider, has signed a 20MW module supply agreement with the REC Group for the delivery of the company's Peak Energy solar panels. This agreement marks REC's biggest deal in the country and one of the largest single solar panel supply agreements in Australian history.

" REC solar panels have been very popular in Europe for some time and the trend is continuing in Australia," says Energy Matters co-founder Max Sylvester. "The reason for the rapid uptake is REC's Peak Energy solar module series provide an excellent balance of value and performance."

Energy Matters CEO, Jeremy Rich said, "REC is currently the only fully-integrated solar panel manufacturer in the world...having total control over the entire cycle simply means better production reliability and quality control. In turn, this means we can supply a superior quality product to our clients with confidence."

REC's expansion recent expansion has seen the company setting up manufacturing operations closer to Australia, with one of the world's largest integrated wafer, cell and module manufacturing facilities in Singapore in November this year. This plant has already produced 1 million modules.

"This major supply agreement came sooner than expected due to incredible demand from home owners and businesses for our REC panel based solar power system specials. With our commercial medium-scale solar farm division also ramping up, we expect to be making many more similar purchases in the time ahead," concluded Rich.