A hearth at REC’s photo voltaic cell and panel manufacturing unit in Singapore this June has set again the corporate’s supply timelines, in accordance with a letter despatched to U.S. clients 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 unit in Singapore.
A small hearth pressured REC to take its cell traces offline for restore, inspection and upkeep at its 1.2-GW annual capability manufacturing unit 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 couple of weeks in the past, and REC is continuous to optimize the road. The corporate felt comfy this week to ship its U.S. clients 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 traces barely underutilized for a interval of weeks,” stated 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 traces at REC’s Singapore manufacturing unit.
REC stated the remainder of its 2025 manufacturing might be prioritized for U.S. clients. Though promoting on a worldwide scale, the massive majority of REC’s gross sales are to the U.S. market.
Whereas guaranteeing present U.S. orders are fulfilled, REC is not going to be taking protected harboring gross sales to assist U.S. builders meet accelerated phase-outs of the funding tax credit score (ITC). With all the market seemingly paused on protected harboring whereas the photo voltaic business awaits steerage from the Treasury Dept. on timelines, this shouldn’t be an enormous concern for the remainder of the yr.
Firm reps advised Photo voltaic Energy World that REC’s lack of Chinese language ties, and subsequently restricted international entity of concern (FEOC) associations, imply that the corporate’s photo voltaic panels might be engaging in 2026, as soon as remaining guidelines are revealed.
