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The new 60-cell flagship panel is set for large-scale production at REC’s vertically integrated facility in Singapore. REC Group is targeting an annual module capacity of 600 MW for its upcoming innovation and allocated US$ 150 million for this investment.
The new product leverages REC’s position as the solar industry’s global technology leader. REC Group CEO Steve O’Neil picks out the highlights: “The new panel will fundamentally change the competitive balance between REC and other Tier 1 players. It will open up a big power gap beyond what is commercially available today.” The official product release by REC’s CEO, Steve O’Neil, and CTO, Shankar G. Sridhara, will take place on day 1 of the Intersolar Europe at 4pm at REC’s booth A2.380.
the PV Magazin writes:
REC’s new module is on a monocrystalline silicon / amorphous silicon heterojunction platform made as a joint development between REC and Meyer Burger (with the sale probably announced back in December). Meyer Burger has long been suggesting that heterojunction is the solar cell of the future (pdf) and has a much higher efficiency potential – towards 25% cells, with greater than 24.2% already achieved – than the current mass market leader mono PERC.
The new panel will fundamentally change the competitive balance between REC and other Tier 1 players. It will open up a big power gap beyond what is commercially available today.