REC Invests $150mn in HJT Production

REC Group Expands Into Heterojunction Technology; Announces HJT Rooftop Solar Panel With ‘World’s Highest Power Density’ Produced Using Meyer Burger’s SWCT Technology
05:04 AM (Beijing Time) - 11. February 2019
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REC Group announced to expand into heterojunction technology. It claims that its new rooftop solar product with HJT technology will fundamentally change the competitive balance between the company and Tier 1 players, opening up a big power gap far beyond what is available today. Pictured REC's Singapore based module factory. (Photo Credit: REC Solar Holdings AS)

Key Takeaways

 

  • REC Group of Norway is investing $150 million in heterojunction technology
  • REC claims it has developed a PV panel for rooftop solar customers that will change the game for the industry
  • It incorporates HJT solar cells with advanced cell interconnection technology from joint development partner Meyer Burger
  • Management claims this module will deliver significantly better power density which will be the world’s highest
  • The new flagship product will be launched during Intersolar Europe 2019

Norway headquartered vertically integrated solar panel manufacturer REC Group claims it is about to launch a ‘ground-breaking product with industry-beating power density’ and this new solar panel for rooftop customers will ‘change the game’. Moreover, this rooftop solar panel will have the ‘world’s highest power density.’ 

What sound a bit cryptic, in short mean REC’s move into heterojunction (HJT) technology. REC, known for its high-quality c-Si modules, is investing $150 million to set up a HJT cell and module factory. REC Group says it developed the new panel by combining heterojunction (HJT) solar cells with advanced connection technology from the joint development partner Meyer Burger of Switzerland. Meyer Burger has contributed with its SmartWire (SWCT) cell connection technology which it says maximizes the energy yield of HJT solar modules (for background on SWCT, see TaiyangNews  Market Survey on Cell Interconnection Equipment).

“Our new flagship product will deliver significantly better power density and will fundamentally change the competitive balance between REC and Tier 1 players, opening up a big power gap far beyond what is available today,” said REC Group CEO Steve O’Neil. However, the management hasn’t revealed what density the panels will carry.

The management says these new set of panels combine the benefits of crystalline silicon solar cells with thin film technologies and can be manufactured without the higher temperatures of other methods, leading to a simplified process and reduction of energy consumption. (TaiyangNews will publish end of February its first report on heterojunction technology, which will be available for free download on the reports section of our website)

REC will launch what it new solar panel at Intersolar Europe 2019, which will take place in Munich from May 15 to 17.

In January 2019, REC Group said it secured orders for close to 200 MW of REC TwinPeak 2S Mono 72 Series soon after it began its production in December 2018 for the US market.

In June 2018, the company launched a 60-cell solar panel that combined mono n-type half-cut cells with a twin-panel design with power ratings of up to 330 W at its industry 4.0 cell building of its Singapore based vertically integrated module factory (see REC Group’s H1/2018 Module Production Up 39%).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani