REC Solar to slash 2Q09 PV cell, module production by nearly 50%

Facebook
Twitter
LinkedIn
Reddit
Email

In response to what it calls “the challenging market environment for the solar industry” and subsequent buildup in its inventories in the 1Q, REC Solar has decided to slash its 2Q production of solar PV cells and modules by nearly 50%.

As a result of the move, the company said that approximately 180 employees will be affected through terminations of temporary employment contracts, temporary lay-offs of permanent employees, and rescheduled vacations.
 
As long as there is “good contract coverage,” REC also said it does not expect changes to the production of cells and modules in the 3Q and 4Q.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The decision comes on the heels of news of more production difficulties–and subsequent plant shutdown–at the REC Silicon unit’s new polysilicon factory, which is ramping in Moses Lake, WA.

The company plans to offer updates during its April 29 announcement of its first-quarter results.

 

Read Next

September 12, 2025
Colombian energy supplier Celsia is seeking more than US$1.2 billion in investment to build wind and solar generation projects in Peru. 
September 12, 2025
German trade association BSW-Solar has called the German government for a simplified, standardised and more digitalised grid access for solar PV and energy storage operators.
September 12, 2025
ACME Venus Urja has secured INR3.8 billion (US$43 million) to develop and construct a solar-plus-storage project in Barmer, Rajasthan.
Premium
September 12, 2025
Vote Solar's Sean Garren tells PV Tech Premium that Georgia Power's latest IRP is 'skewed so heavily towards fossil fuels'.
September 11, 2025
Founder Group has won a RM10 million (US$2.3 million) engineering, procurement, construction and commissioning contract for a 30MW solar plant in Malaysia.
September 11, 2025
German renewable energy developer ib vogt has signed a 70MW solar PV virtual power purchase agreement (vPPA) in Romania.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines