REC Solar begins production on its new solar panels

Solar Panels - Solar Energy Panel

Company has begun production on its TwinPeak 2 solar panels REC Solar, a company specializing in the manufacture of photovoltaic products, has become the largest solar manufacturer of solar panels in Europe. The company has now begun production on its new TwinPeak 2 solar panels, each of which can produce a maximum of 350 watts of electrical power. The new panels could further bolster the company’s position in the solar energy market, which is expanding at a rapid pace, especially in European countries that are showing a strong interest in…

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Duke Energy invests in solar energy company REC Solar

Duke Energy to acquire a majority stake in REC Solar with $225 million investment Duke Energy, one of the largest utilities in the United States, has announced that it is acquiring a majority stake in REC Solar, a solar energy developer. The company will be investing some $225 million into commercial solar energy projects that have been developed by REC Solar. The funding is expected to help REC Solar introduce new pricing models for its solar power services to the commercial market, wherein solar energy is becoming a very attractive…

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