Norway's REC to build world's largest solar plant (in China, 1.5 GW per year)

[jpak]

http://www.chinadaily.com.cn/world/2007-10/26/content_6210554.htm

SINGAPORE -- Norway's solar energy company Renewable Energy Corp (REC) will invest 6.3 billion Singapore dollars (US$4.3 billion) to build the world's largest solar manufacturing complex in Singapore.

REC announced Friday that the Singapore solar plant will be its first on the Asian continent. When fully operational, the integrated solar manufacturing complex will be able to produce up to 1.5 gigawatts of solar wafers and cells each year.

This will be equivalent to more than 70 percent of the total global output of 2 Gigawatts last year, according to REC.

The Economic Development Board of Singapore said this is a major coup for Singapore and will catapult the country into the world solar industry map, according to local television Channel NewsAsia report.

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edit: this is the 4th GW scale PV plant to be announced in the last 2 years...

[GeminiProgressive]

1. Awesome

good on China and Norway. Is this solar company a state owned company of Norway?