RECOM Increases European Production Capacity by One Gigawatt

PR75295

DÜSSELDORF, Germany, September 19, 2018, /PRNewswire=KYODO JBN/--

   Company becomes Europe's largest manufacturer for solar products

    RECOM [http://www.recom-solar.com ], one of Europe's largest PV module

manufacturers, announces further expansion in its production capacity via a

series of activities at its existing and new European manufacturing sites.

    "We have reached the strategic decision to keep investing in Europe,

traditionally marked by high-quality and stringent production. With increased

automation of manufacturing processes and advanced planning technology we can

offer European-made panels at today's internationally competitive market

prices. It was a combination of these factors that have led us to the decision

of adding 1 GW of added capacity in Europe all within the next 8 months," said

Hamlet Tunyan, Co-Founder and CEO of RECOM. "The expansion of our RECOM Sillia

facility to 300 MW in France will be completed until the end of this year. It

will ensure that we can respond quickly to the growing demand for high quality

and domestically-produced panels with low-carbon footprint. RECOM Sillia will

become the largest solar module manufacturer in France offering advanced

technology, reliability, durability, local production with fast deliveries of

modules produced under the greatest care for environmental protection and our

planet's future," continued Tunyan. "At the same time, our new facility in

Armenia coming online soon with a total capacity of 700MW in cells and modules

will serve other markets, such as USA, Middle East and EU, which are also

driven by the need for superior standards of quality and a long-lasting product

dedicated to the reduction of environmental pollution."

    "We are glad that the European PV manufacturer, RECOM, is coming to Armenia

to produce solar modules and cells. The government gives great importance to

the RECOM project, which could reinforce our vision of becoming a vibrant part

of global clean energy production as well as improving our environment and the

life of our citizens," said Arsen Gasparyan, Senior Advisor to the Prime

Minister of Armenia.

    RECOM's existing production of solar cells and modules in Italy and France

has contributed to the completion of a long track record of successful solar

projects worldwide. RECOM's diversified and constantly expanding production

capacity demonstrate its capability to respond to demands coming from different

markets, regardless how exigent the regulatory, technical and commercial

requirements are.

For more information, contact:

RECOM [http://www.recom-solar.com ]

RECOM Marketing Team     

HQ Address: Speditionstrasse 1, Duesseldorf 40221, Germany     

Phone & Fax numbers: (P) +49-211546922291 (F) +49-211546922292     

Email: marketing@recom-solar.com. Web: http://www.recom-solar.com      

[https://www.recom-solar.com ]

SOURCE: RECOM AG