The Renewable Energy Corporation (REC) is a Norwegian solar energy company. As well as silicon and solar wafers, the company also produces end products such as solar cells and modules. The company is subdivided into three divisions: REC Silicon, REC Wafer and REC Solar. In a joint venture, REC has entered into a strategic partnership with Evergreen Solar and the German company Q-Cells AG.

Strengths:

oekom research's rating system classifies this company as a Potential. A prerequisite for recognition as a Potential is that a significant proportion of turnover be earned from sustainable products and services, in this case in the area of renewable energy.

Weaknesses:

Since potentials are generally small and medium-sized companies, their management structures for social and environmental issues are often less well developed.

As an integrated solar company, REC plays a leading role in the field of solar energy and is the world’s largest manufacturer of solar wafers. Through its joint venture with two other suppliers, the company has created a sound basis for the further development of the business