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REC Emles Real Estate Credit ETF

20.055
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Emles Real Estate Credit ETF AMEX:REC AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.055 0 01:00:00

REC Lifts Module Production Target At New Singapore Plant

03/11/2010 8:20am

Dow Jones News


Emles Real Estate Credit... (AMEX:REC)
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   DOW JONES NEWSWIRES 
 

REC Wednesday opened its wafer, cell and module manufacturing facilities in Singapore and inceased its capacity target for modules to 800MW in 2012.

 
   MAIN FACTS: 

-The facility was built 20% below budget. Initially volumes of 740MW for wafers, 550MW for cells, and 590MW for modules were announced.

-The production costs for the facility are less than earlier REC plants, targeting a full cost of EUR0.97 per watt by the end of 2011 including research and development and sales and marketing costs.

-The facility produces more than 190,000 modules a month with a competitive cell efficiency target of 16.8% by 2011, an improvement over earlier production.

-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com

 
 

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