Press "Enter" to skip to content

REC scraps plan to build 4 GW solar module factory in France

From pv magazine Germany

Norwegian solar module manufacturer REC has decided to cancel its plans to build a 4 GW heterojunction solar module factory in Hambach, near Sarreguemines, France.

About two years ago, REC said it wanted to invest €680 million in the new facility. However, it repeatedly delayed its final investment decision.

“At the moment we are not continuing the Hambach project due to various market changes,” a company spokeswoman told pv magazine, without providing additional details.

Popular content

In July, REC said that it wanted to build a factory with a capacity of at least 2 GW of capacity in Hambach. Together with 16 other companies, it secured financial support from the EU Innovation Fund for large-scale projects.

Indian industrial group Reliance acquired REC for $771 million in late 2021.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected]

Source: pv magazine