REC Extends Norwegian Plant Shutdown on Weaker Solar Market
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Renewable Energy Corp. ASA, a Norwegian maker of solar-power components, extended a shutdown of plants in Norway until the end of the year because demand for wafers and cells has failed to pick up.
The production halt, which represents about 45 percent of REC’s wafer output capacity in the country, includes the Heroeya, Glomfjord and Narvik factories, the Sandvika-based company said today in a statement.