Search sponsor
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GoIndustry DoveBid, an asset manager company, has been retained by Renewable Energy Corporation (REC) to handle the disposal of three solar manufacturing plants in Norway. GoIndustry has placed the factories on the global market with a total estimated value of €50 million. REC initially disclosed that it was closing its 500MW capacity wafer plant in Herøya, its 275MW wafer multi-plant in Glomfjord and its 200MW capacity solar cell plant in Narvik last October.
The companies describe the equipment for sale as being state-of-the-art and highly automated with low labour requirements and well maintained. GoIndustry Project Director Nick Schofield noted, “Some of the equipment was installed as late as 2009.The wafer plants have a capacity of around 775MW and the cell plants approximately 200MW.”
“Solar component manufacturing is, of course, a relatively new industry and it is striking that we are already witnessing a shift from Europe towards the emerging economies. We anticipate huge interest in this disposal from the Far and Middle East and Russia. The plant is available as a whole or in lots and, together, represents one of the largest disposal of solar manufacturing plants to date,” concluded Schofield.
More information concerning REC’s wafer and cell plant sale can be found here.
