A fireplace at REC’s photo voltaic cell and panel manufacturing facility in Singapore this June has set again the corporate’s supply timelines, in keeping with a letter despatched to U.S. prospects this week and shared with Photo voltaic Energy World. Manufacturing has resumed, and REC has dedicated to fulfilling all contracted orders earlier than fulfilling protected harbor gross sales.
The REC manufacturing facility in Singapore.
A small hearth pressured REC to take its cell strains offline for restore, inspection and upkeep at its 1.2-GW annual capability manufacturing facility in Tuas, Singapore. New gear was put in and the road was recommissioned inside weeks. Manufacturing of high-efficiency HJT photo voltaic panels resumed a number of weeks in the past, and REC is continuous to optimize the road. The corporate felt snug this week to ship its U.S. prospects up to date order confirmations.
“These new order confirmations symbolize the tough actuality of just about one month of unscheduled manufacturing downtime and a re-ramp plan that has the manufacturing strains barely underutilized for a interval of weeks,” mentioned Cary Hayes, president of REC Americas, in a buyer letter. “Within the face of unprecedented demand for REC merchandise because of the year-end rush, this couldn’t have come at a worse time for you. For this I’m deeply sorry.”
Cell strains at REC’s Singapore manufacturing facility.
REC mentioned the remainder of its 2025 manufacturing will likely be prioritized for U.S. prospects. Though promoting on a world scale, the big majority of REC’s gross sales are to the U.S. market.
Whereas guaranteeing present U.S. orders are fulfilled, REC won’t be taking protected harboring gross sales to assist U.S. builders meet accelerated phase-outs of the funding tax credit score (ITC). With the whole market seemingly paused on protected harboring whereas the photo voltaic trade awaits steering from the Treasury Dept. on timelines, this shouldn’t be an enormous concern for the remainder of the 12 months.
Firm reps instructed Photo voltaic Energy World that REC’s lack of Chinese language ties, and due to this fact restricted overseas entity of concern (FEOC) associations, imply that the corporate’s photo voltaic panels will likely be enticing in 2026, as soon as last guidelines are revealed.
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