REC cites China price-pressures as it shuts last PV plant in Norway

The Heroya plant will close in the second quarter, with 460 employees affected

REC has pulled the plug on its last-remaining wafer plant in Norway, leaving the Oslo-based PV group with no manufacturing footprint in Europe for the first time in its history.

Although the move comes as no surprise, it nevertheless underscores the potentially terminal decline facing Europe’s PV manufacturing sector – and comes less than a week after First Solar announced its decision to close its German plants.

REC says it will shut its final 650MW multicrystalline wafer plant at Heroya, Norway, during the second quarter, with 460 employees to be affected.

The company closed its plant at Glomfjord, Norway, last month, further shifting its focus to its factories in Singapore and the US.

Chief executive Ole Enger notes that the…

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