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Renewable Energy Corporation ASA
OSL:REC ISIN:NO0010112675
News
Renewable Energy Corporation ASA (OSL:REC) Enclosed is REC's interim results presentation for the second quarter 2008. The presentation will be held at 08:00 CET today at the Oslo Konserthus (Oslo, Norway).
Renewable Energy Corporation ASA (OSL:REC) Oslo, August 12, 2008: Renewable Energy Corporation ASA (REC) reported revenues of NOK 2,121 million in the second quarter 2008, an increase of 27 percent from the NOK 1,673 million reported in the second quarter of 2007. Revenues for the first half of 2007 were NOK 3,892 million compared with the NOK 3,288 million reported for the first half of 2007, representing an increase of 18 percent.
Renewable Energy Corporation ASA Morning program: REC will release its second quarter results for 2008 on Tuesday August 12, 2008 just after 07:00 AM CET.
Renewable Energy Corporation ASA Sandvika, July 18, 2008: To support the increasing demand for silane gas from the electronic and solar industries, REC has entered into a number of significant long-term agreements for the supply of monosilane gas to major gas distributors. Under the agreements, REC will through 2014 deliver gas worth close to USD 1 billion (~NOK 5 billion).
Renewable Energy Corporation ASA Sandvika, June 25, 2008: REC has entered into a significant long-term agreement for supply of mono-crystalline silicon wafers to China Sunergy Co. Ltd. Under the agreement, REC will until 2015 deliver wafers worth more than USD 400 million (~NOK 2.0 billion).
Renewable Energy Corporation ASA Sandvika, June 24, 2008: REC has entered into a significant long-term agreement for supply of mono-crystalline silicon wafers to Suniva, Inc. Under the agreement, REC will until 2013 deliver wafers worth more than USD 300 million (~NOK 1.5 billion).
Renewable Energy Corporation ASA Enclosed is the presentation material related to today's press conference in connection with the announcement "Invests NOK 13 billion in Singapore".
Renewable Energy Corporation ASA Sandvika, June 17, 2008: Renewable Energy Corporation (REC) has decided to invest up to NOK 400 million to upgrade and extend the existing production capacity at Herøya.
Renewable Energy Corporation ASA Sandvika, June 17, 2008: Renewable Energy Corporation ASA (REC) has decided to invest close to NOK 13 billion in the first phase of an integrated manufacturing complex for production of wafers, cells and modules in Singapore. The investment is funded through debt financing and own cash flow. Production is expected to commence in the first quarter 2010, and reach full capacity of 740 MW of wafers, 550 MW of cells and 590 MW of modules before 2012. The annual consolidated revenues from these volumes are expected to be NOK 10-11 billion in 2012.
Renewable Energy Corporation ASA Renewable Energy Corporation ASA (REC) will today host a press conference in connection with the announcement "Invests NOK 13 billion in Singapore".
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