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MW

SYSTEM SIZE
MWh
ANNUAL CAPACITY
BMD SOLAR PV
POWER PLANT
INDIA
POWER PLANT INSTALLATION
Maximum yield for more tradable Renewable Energy Certificates (RECs)
First solar plant for Indias LNJ Bhilwara Group, through subsidiary BMD
Start-to-finish installation time of just four months
POWER PLANT
INSTALLATION
5.8 9,700
TONS CO
2

SAVED ANNUALLY
7,272
the aim is to maximize the return on investment
within this time period and therefore, REC is the
right choice.

Built with precision by AEG Power Group, the clean
and well-arranged installation consists of more
than 23,000 REC Peak Energy Solar panels and was
completed in just four months from start to nish.
In the early months of the plants operation, the
electricity output has already been high a strong
indicator of how the plant will perform over the rest
of its lifetime, which is also guaranteed by RECs
industry-leading linear power output warranty.
The plant also already sees a high PLF (plant load
factor). As the plant is expected operate eciently
for more than 25 years, it will oset CO
2
emissions
by around 7,272 tons each year.
This 5.8 MW solar power plant, owned and operated by BMD Pvt. Ltd. of India,
was constructed with precision by AEG Power Solutions Group, and is powered by
high-performing solar panels from REC.
PROJECT OVERVIEW
GROUND MOUNTED INSTALLATION

Owner:
BMD Pvt Ltd.
(part of the LNJ Bhilwara Group)
Location:
Gajner, Bikaner, Rajasthan, India
Type of Installation:
Ground-mounted power plant
System Size:
5.8 MW
Solar Panel Type:
REC 250 PE
Number of Solar Panels Installed:
23,200
Annual Capacity:
9,700 MWh
Compleion Date:
April 2013
EPC:
AEG Power Solutions Group
INDIAS BMD PVT. LTD., A MARKET LEADER for
automotive furnishings and part of the LNJ Bhilwara Group,
now also owns and operates a 5.8 MW solar plant that is
powered by REC solar panels.
The ground-mounted system is located at Gajner, southeast
of Bikaner in Indias Rajasthan province and is the rst solar
plant for the LNJ Bhilwara Group, through subsidiary BMD.
The solar panel supplier has to meet specic criteria of
performance and reliability and we are happy that REC fullls
all of them, said Shantanu Agarwal, Executive Director, BMD.
One of the decisive factors for selecting REC solar panels
was that we get the maximum yield which in turn translates to
more tradable Renewable Energy Certicates (RECs). Since
these certicates have a xed price in a specic time frame,
One of the decisive factors for selecting
REC solar panels was that we get the
maximum yield to maximize the return
on investment. REC is the right choice.
SHANTANU AGARWAL, EXECUTIVE DIRECTOR, BMD
BMD SOLAR PV
POWER PLANT

www.recgroup.com
REC is a leading global provider of solar electricity solutions. With nearly two decades of expertise, we oer sustainable,
high-performing products, services and investment opportunities for the solar and electronics industries. Together with our
partners, we create value by providing solutions that beter meet the worlds growing electricity needs. Our 2,300 employees
worldwide generated revenues of more than NOK 7 billion in 2012, approximately EUR 1 billion or USD 1.3 billion.
MW
SYSTEM SIZE
MWh
ANNUAL CAPACITY
BSS YONAGO
POWER PLANT
JAPAN
GROUND-MOUNTED INSTALLATION
Effective use of open land at broadcasting station
Only three months needed for installation covering 29,400 m
2

Strong investment thanks to attractive schemes and high performance
1.7 1,840
TONS CO
2

SAVED ANNUALLY
1,200
POWER PLANT
INSTALLATION
With the Japanese feed-in tari scheme in place, owners
of solar power plants using solar panels from REC can
expect positive returns while contributing to local and
global environmental initiatives.
By constructing this power plant in the open grounds of
the BSS medium radio wave transmission station, the
eective use of land is helping Advantec and BSS to
achieve both goals. The BSS Yonago Power Plant osets
1,200 tons of CO
2
emissions each year.
The ribbon cuting ceremony to ocially inaugurate the
power plant was held on March 27, 2013 and was
atended by such dignitaries as Mr. Shinij Hirai (Mayor of
Totori Prefecture) and His Excellency Arne Walther
(Norways Ambassador to Japan). With RECs strong
global presence, Mr. Walthers atendance represented
the Norwegian heritage of REC.
By converting a medium radio wave transmission station to also include a solar
power plant comprised of 7,056 REC Peak Energy Series solar panels, Advantec
and Japanese broadcaster BSS have created a solid investment for the future.
PROJECT OVERVIEW
GROUND MOUNTED INSTALLATION

Owner:
Advantec & Broadcasting System of San-in (BSS)
(Land owner: BSS)
Location:
Yonago, Totori, Japan
Type of Installation:
Ground-mounted power plant
System Size:
1.7 MW
Solar Panel Type:
REC 250 PE
Number of Solar Panels Installed:
7,056
Annual Capacity:
1,840 MWh
Compleion Date:
March 2013
EPC:
Advantec
ON THE GROUNDS OF JAPANESE RADIO and TV station BSS
(Broadcasting System of San-in) in Yonago, more than 7,000 REC
solar panels are installed creating a 1.7 MW power plant that
produces enough electricity to power 510 Japanese households.
The ground-mounted installation covers an area of 29,400 m
2

and was eciently built by Advantec, a partner of REC in Japan
since 2011. Advantec and BSS equally share the ownership of the
solar power plant.
We are proud to have completed the construction of this plant so
quickly just three months from start to nish, says Masahide
Yamana, President of Advantec. We are feeding 100 percent of
the electricity generated into the grid for which we need excellent
product quality and performance backed by strong warranties.
REC is the right choice.
We are feeding 100 % of the electricity to
the grid for which we need excellent product
quality and performance backed by strong
warranties. REC is the right choice.
MASAHIDE YAMANA, PRESIDENT, ADVANTEC (PICTURED, LEFT)
BSS YONAGO
POWER PLANT

www.recgroup.com
REC is a leading global provider of solar electricity solutions. With nearly two decades of expertise, we oer sustainable,
high-performing products, services and investment opportunities for the solar and electronics industries. Together with our
partners, we create value by providing solutions that beter meet the worlds growing electricity needs. Our 2,300 employees
worldwide generated revenues of more than NOK 7 billion in 2012, approximately EUR 1 billion or USD 1.3 billion.
MW
SYSTEM SIZE
MWh
ANNUAL CAPACITY
Chiang Rai
POWER PLANT
thailand
GROUND MOUNTED INSTALLATION
Largest solar electricity plant in northern Thailand
7,200 more households benefit from electricity generated directly from the sun
Thailands first operational solar plant with REC solar panels
POWER PLANT
INSTALLATION
9.5 15,000
TONS CO
2

SAVED ANNUALLY
8,950
experience in this still-young industry, said Franck
Constant, Chairman at Sonnedix. We are happy with REC
solar panels and are keen on growing our business with
REC in Asia, Europe and the Americas.
Installed by CH Karchang Public Company, 40,896 REC
Peak Energy Series solar panels were t onto a special
concrete structure to accommodate the type of ground
in the area. All of the electricity produced by this plant is
being fed into the Provincial Electricity Authority (PEA)
grid the principal utility company in Thailand who now
provides stable green electricity to 7,200 more families.
REC solar panels meet the environmental requirements
of the Thai government, simplifying the process of
obtaining all necessary licenses. The high output of REC
solar panels combined with Thailands favorable
subsidies are proving to make solar plants protable for
owners.
More than 40,000 REC solar panels make up the largest solar electricity plant
in northern Thailand and the countrys rst operational installation with REC
solar panels.
PROJECT OVERVIEW
GROUND MOUNTED INSTALLATION

Owner:
Chiang Rai Solar Company Ltd.
(Sonnedix / CK Power)
Location:
Mae Chan district, Chiang Rai province, Thailand
Type of Installation:
Ground mounted power plant
System Size:
9.5 MW
Solar Panel Type:
REC 240 PE; REC 245 PE
Number of Solar Panels Installed:
40,896 (20,160; 20,736)
Annual Capacity:
15,000 MWh
Connection Date:
January 2013
Installer:
CH Karchang Public Company
IN THE MAE CHAN DISTRICT OF NORTHERN THAILAND now sits
a solar electricity plant on approximately 24 hectares of
mountainous land; developed by Sonnedix, built by CH Karchang
Public Company, nanced by Krung Thai Bank, and comprised of
solar panels from REC.
The plant is owned by Chiang Rai Solar Company Ltd., which is a
joint venture between CK Power (an aliate of CH Karchang Public
Company Thailands second-largest construction company) and
Sonnedix. Developers, owners and operators of solar plants
worldwide, Sonnedix chose REC solar panels based on RECs
established reliability and bankability, as well as the documented
high quality, high output, and high performance of REC solar panels.

REC has supplied solar panels for Sonnedix projects before,
including a 5.2 MW plant in Abbruzzo, Italy and a 3 MW plant in
Blanquefort, France. REC has a proven track record and a wealth of
REC solar panels were the most reliable
option for weather and climate conditions in
Thailand and to meet the governments
environmental requirements.
FRANCK CONSTANT, CHAIRMAN, SONNEDIX
chiang rai
power plant

www.recgroup.com
REC is a leading global provider of solar electricity solutions. With nearly two decades of expertise, we oer sustainable,
high-performing products, services and investment opportunities for the solar and electronics industries. Together with our
partners, we create value by providing solutions that beter meet the worlds growing electricity needs. Our 2,300 employees
worldwide generated revenues of more than NOK 7 billion in 2012, approximately EUR 1 billion or USD 1.3 billion.
MW
SYSTEM SIZE
MWh
ANNUAL CAPACITY
giebelstadt
POWER PLANT
GERMANY
GROUND MOUNTED INSTALLATION
Former military airfield used to produce enough electricity for 32,000 people
Local residents investors in solar power plant
Overperforming system delivering better than expected revenues and output
POWER PLANT
INSTALLATION
28 30,000
TONS CO
2

SAVED ANNUALLY
20,000

www.recgroup.com
size of 80 football elds) With the installation
completed in mid-September 2011, the plant was
already operational in December 2011.
In the plants rst months of operation, all of the
electricity produced has been fed directly into the grid
and has already been overperforming producing
more electricity and generating more income than
expected, making investors very happy.

Solar-konzept chose Norwegian solar panel
manufacuteres REC based on their track record of
consistently delivering high quality and high
performing products. The 28.3 MW system is made up
of 120,000 REC solar panels, which will save
approximately 20,000 tons of CO
2
each year, and
supply approximately 32,000 people (or 7,700
households) with green electricity.
Converting the former NATO aireld in Giebelstadt, Germany to also include
a solar power plant is a win for the environment and approximately 7,700
households who benet from green electricity.
PROJECT OVERVIEW
GROUND MOUNTED INSTALLATION

Owner:
Giebelstadt I (Banks and private investors)
Giebelstadt II (STAWAG Energie GmbH)
Location:
Giebelstadt, Bavaria, Germany
Type of Installation:
Ground mounted power plant
System Size:
28 MW
Panel Type:
REC 235 PE and REC 240 PE
Number of Panels Installed:
120,000
Annual Capacity:
30,000 MWh
Completion Date:
September 2011
Partner:
solar-konzept GmbH
IN THE FIELDS SURROUNDING THE RUNWAY of a former NATO
aireld now exists one of the largest solar power plants in Bavaria,
built by solar-konzept GmbH of Germany. From the very beginnning
of the project,the local community supported the initiative of using
the available land to produce renewable energy.
Ocially, the plant is divided into two parts: Giebelstadt I and
Giebelstadt II. Giebelstadt I is owned by banks and private
investors, including local residents from the city of Giebelstadt.
STAWAG Energie GmbH (Stadtwerke Aachen), investors highly
experienced in renewable energies, own Giebelstadt II. We are
delighted to have invested and be partners in this unique solar
power plant that uses high-quality solar panels, said Frank Brsse,
Managing Director, STAWAG Energy GmbH.

Solar-konzept needed only three months to complete the
construction and installation of the 40 hectare plant (about the
We are very pleased to have implemented
this pioneering project together with REC.
The plants investors are very happy with
the overperforming system and high
eciency of REC solar panels.
CHRISTOPH SCHMITT, MANAGING DIRECTOR, SOLAR-KONZEPT GMBH
giebelstadt
power plant
REC is a leading global provider of solar electricity solutions. With nearly two decades of expertise, we oer sustainable,
high-performing products, services and investment opportunities for the solar and electronics industries. Together
with our partners, we create value by providing solutions that beter meet the worlds growing electricity needs. Our
2,400 employees worldwide generated revenues of more than NOK 13 billion in 2011, approximately EUR 1.7 billion or
USD 2.4 billion. To see more of what REC can oer, visit www.recgroup.com
MW
SYSTEM SIZE
TONS CO
2

SAVED ANNUALLY
PHENIX
POWER PLANT
ITALY
LARGE SCALE SYSTEM INSTALLATION BY REC
Constructed in only four months through EPC-consortium
At completion, largest lease financing solution for a solar project in Italy
Financing and sale completed before start of construction
POWER PLANT
INSTALLATION
24 18,500
SOLAR PANELS
INSTALLED
100,000
RECs Systems division eciently developed, nanced and installed a high-
performing successful 24 MW solar power plant in central Italy.
REC has been a good partner in the
nancing, construction and completion of
this high-quality solar electricity asset.
SCOTT LAWRENCE , INVESTMENT DIRECTOR , BNP PARIBAS

www.recgroup.com
REC is a leading global provider of solar electricity solutions. With nearly two decades of expertise, we oer sustainable,
high-performing products, services and investment opportunities for the solar and electronics industries. Together with our
partners, we create value by providing solutions that beter meet the worlds growing electricity needs. Our 2,300 employees
worldwide generated revenues of more than NOK 7 billion in 2012, approximately EUR 1 billion or USD 1.3 billion.
PROJECT OVERVIEW
LARGE SCALE SYSTEM INSTALLATION

Owner:
CEF Energia; Med Energy Group
Location:
Canino, Italy
Type of Installation:
Single axis tracking
System Size:
24 MW
Solar Panel Type:
REC 230 PE, REC 235 PE, and REC 240 PE
Number of Solar Panels Installed:
100,000
Annual Capacity:
37,000 MWh
Commercial Operation:
April 2011
EPC Contractor:
REC; ABB
PHENIX
POWER PLANT
REC has been a good partner in the nancing,
construction and completion of this high-quality solar
electricity asset. We are pleased with the bankability of
the solar panels, said Scot Lawrence, Investment
Director at BNP Paribas.

Construction of the power plant started immediately
afer nancial close and was managed by ABB and REC
through a temporary EPC consortium.

The installation, which covers around 95 hectares,
consists of more than 100 000 high-performing REC
Peak Energy Series solar panels.
The plant will produce around 37 million kWh of
electricity each year equivalent to the energy
consumption of around 14,000 families and will oset
18,500 tons of CO
2
per year.
THE SYSTEMS DIVISION OF REC SUCCESSFULLY developed,
nanced and together with ABB, constructed a 24 MW solar power
plant in the Lazio region of central Italy using 100,000 REC solar
panels.
Organized through a special purpose vehicle company named
Phenix Renewables SRL, the project quickly received all required
approvals and authorizations. The large-scale system was nanced
through a leasing structure. Unicredit Leasing (Unicredit Group),
Leasint (Banca Intesa Group) and BNP Paribas Leasing Solutions
(BNP Paribas) provided the lease nancing for the plant. At the
time, the project represented the largest lease nancing solution
for a solar project in Italy.

Ownership of the plant is shared between CEF Energia B.V. (a BNP
Paribas Fund) who holds a 70% stake and MedEnergy Group with
the remaining 30% stake.

Luxel 2010
POWER PLANT INSTALLATIONS BY REC SYSTEMS
4 962 5 790 6 325
TONS CO
2
SAVED
ANNUALLY
MWh ANNUAL
CAPACITY
Development, financing, equity sales & turnkey installation by REC Systems
Strong power output about 10% above expectations from yield reports
Installations well integrated into the landscape with low visual impact
POWER PLANT
INSTALLATION
aude and haute-
garonne plants
france
kW SYSTEM
SIZE
REC SYSTEMS SUCCESSFULLY developed, built and sold a
portfolio of ground mounted solar systems totaling a capacity of 5
MW of free eld solar systems on nine sites in the Aude and Haute
Garonne regions of France.
Using more than 22 000 high performance REC Peak Energy Series
Modules, the plants will produce 6 325 MWh of electricity yearly.
Luxel, a French project developer, initially started to develop the nine
sites in 2008. REC Systems acquired the project rights in 2009 and,
with the assistance of Luxel, continued the simultaneous
development of the sites and completed the construction in
November 2010.
REC Systems also structured the debt nancing through a German
Landesbank and sold the plant to a Family Oce in December 2010.

RECs Experienced Systems Team Completed the First Ground Mounted Solar
System Constructed in this Region of France
The choice of REC as a partner reects our
commitment to project excellence.
BRUNO SPINNER, PRESIDENT, LUXEL, FRANCE
The modules are atached to a mounting system driven
into the ground, a solution that has litle impact on the
soil and which also makes the construction phase
shorter.

The installation reaches a maximum height of 1.7 meters,
reducing the visual impact and supporting integration
into the natural landscape. We are pleased to see these
projects developed, completed and operational. said
Bruno Spinner, President of Luxel.
Aude / Haute-
Garonne project
PROJECT OVERVIEW
POWER PLANT
Location:
Aude and Haute Garonne, France
Type of Installation:
Free eld, xed mounted power plant
System Size:
4 962 kWP
Module Types:
REC 225 PE
Number of modules installed:
22 053
Annual capacity:
6 325 MWh
Completion Date:
November 2010
EPC Contractor:
REC Systems Germany GmbH

Luxel 2010

Luxel 2010

www.recgroup.com
REC is a leading vertically integrated player in the solar energy industry. Ranked among the worlds largest producers of
polysilicon and wafers for solar applications and a rapidly growing manufacturer of solar cells and modules, REC also engages
in project development activities in selected PV segments. Founded in Norway in 1996, REC is an international solar
company, employing more than 3,900 people worldwide with revenues close to NOK 14 billion in 2010. Please visit www.
recgroup.com to learn more about REC.
GROUND MOUNTED INSTALLATION
1.1 2 350 2 250
MW SYSTEM
SIZE
TONS CO
2
SAVED
ANNUALLY
MWh ANNUAL
CAPACITY
madera

powerplant
usa
Largest dual axis tracker installation in the country
Installation will meet an estimated 62% of the facilitys power needs
Over 45 million kWh generated over 20 years
POWER PLANT
INSTALLATION
The City of Madera will truly benet from this
investment, by achieving a lower cost of electricity for
at least the next 20 years, states Keith Helmuth,
Maderas City engineer who oversaw the project.

The system is expected to produce and estimated of
energy of over 45 million kWh over twenty years. That is
enough energy to power more than 4,200 average U.S.
homes for one year. The environmental assets
associated with the system will oset an estimated 47
million pounds of CO
2
over twenty years, the equivalent
of removing an estimated 4,600 cars o the road for
one year.
REC MODULES were selected to power one of Californias largest
waste water treatment facilities. 52 REC modules were t onto each
of the 49 Meca dual-axis trackers at the site. The project was
developed jointly by REC Solar Inc, and SunEdison. The REC Peak
Energy Modules are perfectly suited to maximize the power output
at this treatment plant, and on the dual-axis trackers the panels are
able to achieve their peak performance during the daylight hours by
following the suns path across the sky.

Under a strategic power purchase agreement (PPA) between
SunEdison and the City of Madera, SunEdison will nance, operate
and maintain the solar power plant, and the city will purchase the
energy produced to oset demand from the grid at predictable
energy rates for 20 years.



REC is a leading vertically integrated player in the solar energy industry. REC is
among the worlds largest producers of polysilicon and wafers for solar applications,
and a rapidly growing manufacturer of solar cells and modules. REC is also engaged in
project development activities in selected PV segments. Founded in Norway, REC is
an international solar company, employing more than 4,200 people worldwide. REC
had revenues close to NOK 14 billion in 2010.

www.recgroup.com
REC modules used at one of Californias Largest Waste Water Treatment Facilities
madera
powerplant
PROJECT OVERVIEW
GROUND MOUNTED INSTALLATION
Owner:
Sun Edison and the City of Madera
Location:
Madera, California
Type of Installation:
Ground mounted dual axis
System Size:
1.1 MW
Module Types:
REC 220PE
Number of modules installed:
5,267
Annual capacity:
2.4 million kWh
Completion Date:
November 2010
Installer:
REC Solar Inc.
Finding ways to reduce costs for taxpayers while
reducing our carbon footprint should be a goal of
responsible government at all levels.
KEITH HELMUTH , MADERAS CITY ENGINEER
Sivice plant
czech republic
GROUND MOUNTED INSTALLATION
Enough electricity to power 170 households
System performance monitored continuously and reported online
Successful operation has lead to orders for additional modules
kW SYSTEM
SIZE
604
TONS CO
2
SAVED
ANNUALLY
371
POWER PLANT
INSTALLATION
MWh ANNUAL
CAPACITY
571
environmentally friendly module manufacturer, they
chose REC. The high quality of their products and the
sustainability of their production processes made REC
a natural choice. REC modules are conceived, designed
and manufactured in accordance with Scandinavian
tradition and design. Extensive use of hydroelectric
power at many of its manufacturing sites has also
helped REC modules obtain the fastest energy payback
time in the industry. REC now supplies PV modules for
all of ETLs solar projects.
Im proud to be a business partner and distributor of
REC modules. We focus on high quality and high
environmental standards. We chose REC because their
manufacturing practices are among the greenest in the
industry. Zdenek Loviar, Managing Director, ETL-
Ekotherm.
Sivice
power plant
REC modules are high quality, very ecient,
and manufactured according to the highest
environmental standards.
ZDENEK LOVIAR, MANAGING DIRECTOR
POWER PLANT
Owner:
Topema, spol. s r.o.
Location:
Pozorice, Czech Republic
Type of Installation:
Ground-mounted
System Size:
604 kW
Module Types:
REC 220AE
Number of modules installed:
2,745
Annual capacity:
570 MWh
Completion Date:
Fall 2009
Developer:
ETL-Ekotherm a.s.

PROJECT OVERVIEW
When ETL-Ekotherm sought an industry leading supplier for its solar projects, the
Czech company turned to REC and its higher environmental standards.
THE 2,745 GROUND-MOUNTED REC 220AE solar modules at the
PV power plant in Pozoice, Czech Republic, represent one of the
larger joint projects for REC and ETL-Ekotherm. Located in the
southern region of the country where abundant sunlight favors solar,
the plant is expected to generate 570 MWh of electrical power
annually. In Prague, hundreds of kilometers from the installation site,
ETL-Ekotherm can easily track the systems power output data
online.
The plant was completed in October 2009, The owner of the Pozoice
PV plant is TOPEMA, spol. s r.o. To minimize aesthetic impact they
situated the plant on a broad plain in an industrial area.

ETL-Ekotherm entered the market in 1990 as specialists in heating
technology. In the past few years ETLs wide ranging product
portfolio has expanded to include PV energy products. When the
forward-thinking company decided in 2008 to nd an

REC is a leading vertically integrated player in the solar energy industry. REC is
among the worlds largest producers of polysilicon and wafers for solar applications,
and a rapidly growing manufacturer of solar cells and modules. REC is also engaged in
project development activities in selected PV segments. Founded in Norway, REC is
an international solar company, employing more than 4,000 people worldwide. REC
had revenues in excess of NOK 9 billion in 2009, approximately EUR 1 billion and
approximately USD 1.4 billion.
www.recgroup.com
Anfiteatro plant
italy
GROUND MOUNTED TRACKER INSTALLATION
Large return on investment
High performance plant
Environmental benefit and limited visual impact
kW SYSTEM
SIZE
997
TONS CO
2
SAVED
ANNUALLY
1 032
POWER PLANT
INSTALLATION
SOLAR
MODULES
4 530
MWh during their operational life with a CO
2
emissions
reduction of approximately 53,000 tons.
In a region where many projects were proposed but
not developed, and in a challenging economy,
completion of such a large project is an impressive
achievement. The 14.5 million Euro project is managed
by Zouk Ventures and Next Energy Capital. The
technology was developed and the system integrated
by Enerqos. The power plants are managed by
WiseEnergy.
Construction of the NextPower 2 project which will
include the installation of two more plants in the same
region has already begun. These additional plants are
due to be connected to the grid by June 2010. The
project is an example of the investment potential for
solar PV in Italy where energy prices are high and
sunlight is abundant. The partners in the project hope
to apply the best practice learned from this partnership
to collaborate on other plants in the future.
Anfiteatro
plant
PROJECT OVERVIEW
2MW Power Plants connected to the local grid in Southern Italy install
REC solar modules.
TWO POWER PLANTS of 1 MW each completed installation and
are connected to the local grid in Puglia, Italy. They are beneting
from a return on investment due to the premium price paid for the
electricity produced. In order to test dierent installation
technologies, the rst plant uses dual-axis trackers which have
limited visual impact, and the second uses a ground-mounted
system. The plant in Gravina is expected to have up to 40 percent
more power output than traditional plants due to engineering
innovations. Remotely managed tracking devices will monitor and
manage productivity in real time.
The project partners were condent in the quality of REC modules
given RECs vertical integration, and technology focus. The size of
RECs investment in state of the art production facilities in
Singapore also inuenced their decision.
The plants will contribute to the local community, meeting the
needs of 1,200 families each year and producing nearly 100.000
REC is a leading vertically integrated player in the solar energy industry. REC is
among the worlds largest producers of polysilicon and wafers for solar applications,
and a rapidly growing manufacturer of solar cells and modules. REC is also engaged in
project development activities in selected PV segments. Founded in Norway, REC is
an international solar company, employing more than 3,000 people worldwide. REC
had revenues in excess of NOK 9 billion in 2009, approximately EUR 1 billion and
approximately USD 1.4 billion.
www.recgroup.com
We had no doubts about choosing REC since
we consider these one of the best modules
manufactured globally.
STEFANO SOMMADOSSI, CO-FOUNDER , NEXT ENERGY CAPITAL , PRESIDENT,
NEXT POWER DEVELOPMENT
POWER PLANT

Owner:
Next Power 1
Location:
Gravina di Puglia, Italy
Type of Installation:
Power plant
System Size:
997 kWp
Module Type:
REC 220AE
Number of modules installed:
4,530
Annual capacity:
2061 MWh
Date of installation:
December 2009
System integrator:
Enerqos spa
ARGUISUELAS
power plant
spain
GROUND MOUNTED TRACKER INSTALLATION
Expected output of 1 101 MWh per year
Cost-eective, emissions-free energy source
367 household equivalent power production per year
kW SYSTEM
SIZE
548
TONS CO
2
SAVED ANNUALLY
SOLAR
MODULES
POWER PLANT
INSTALLATION
1 000 2 610
Working with design company Mecasolar, the families
opted for a 548 kW ground-mounted tracker system
featuring REC A-Series 210 W solar modules. Their
decision was based on the performance-to-cost ratio
of the modules and RECs commitment to sustain-
ability. The system, executed by development
company Orion Solar, consists of 54 trackers grouped
into 6 separate sections of under 100 kilowats each.
This ensures that the project receives the Spains top
feed-in tari of EUR 0.455 per kilowat-hour.
The project, completed in May 2008, now generates
electricity equivalent to the annual consumption of
367 Spanish households. The power is routed directly
to the electrical grid, which distributes it to local users.
We picked REC modules as they have been manu-
factured in Scandinavia under high standards of
environmental regulation, says ngel Ruiz, We also
were impressed by the way they are designed to
maximize light absorption and energy output. So far
we are very satised with their performance.
HUERTA SOLAR DE
ARGUISUELAS
We picked REC modules
because of their design and
short energy pay-back time.
NGEL RUIZ, CO-OWNER
POWER PLANT
Owner:
Families Ruiz, Carreras, Talavern and companies Eguzki
Erisono, SL and Crista Anima Solar, SL
Location:
Cuenca, Spain
Type of Installation:
Ground-mounted tracker
System Size:
548 kW
Module Type:
REC 210A
Number of modules installed:
2 610
Annual capacity:
1 101 MWh
Completion Date:
May 2008
Project design company:
Mecanizados Solares, SL (Mecasolar SL)
Name of Developer & Installer:
Orion Proyectos S.L
PROJECT OVERVIEW
RECs 210 A modules t the bill for a group of families that needed reliable,
high-performance modules for their desire to develop a cost-eective,
emission-free solar energy system.
A GROUP OF SPANISH FAMILIES together realized their dreams
and signicant savings - through a unique project in which they
used REC solar panels for a ground mounted solar system at their
family village in Arguisuelas, Spain.
Although now resident elsewhere, the three families maintained
close ties to Arguisuelas, where they wished to take concrete action
to protect the environment and promote the use of renewable solar
energy. They were determined to nd reliable, durable and
sustainably manufactured components to secure their investment
in the solar project, which was partially supported by external
nancing.
REC is the leading vertically integrated player in the solar energy industry. REC Silicon
and REC Wafer are among the worlds largest producers of polysilicon and wafers for
solar applications. REC Solar is a rapidly growing manufacturer of solar cells and
modules, and are also engaging in project development activities in selected
segments of the PV market. REC Group had revenues of NOK 8 191 million and an
operating prot of NOK 2 529 million in 2008. About 2 500 employees work in RECs
worldwide organization
www.recgroup.com
MW
SYSTEM SIZE
MWh
ANNUAL CAPACITY
IZVORU
PHotovoltaic park
romania
GROUND MOUNTED INSTALLATION
Largest solar installation in Romania at time of completion
Only four months needed for installation covering 30 hectares
Attractive ROI for investors and financiers
POWER PLANT
INSTALLATION
10 13,500
TONS CO
2

SAVED ANNUALLY
9,000

www.recgroup.com
We are already seeing very good results in the yield
and output data of the power plant, said Dragos
Constantinescu, Project Manager at Renovatio Solar.
Choosing REC solar panels for this project was a clear
choice as the quality and performance provide
excellent value.
Investors in the Izvoru Photovoltaic Park were
atracted to the project because of its expected
return on investment value. The electricity produced
by the solar park is sold as clean, green electricity. The
on-grid power plant produces enough electricity to
meet the annual needs of 4,300 households.
In addition to building this, the largest solar power
plant in Romania, Renovatio Solar is a pioneer in the
Romanian solar industry. The company also built and
owns the rst two operational solar power plants in
Romania, which are 1 MW each.
REC solar panels power the largest solar power plant in Romania, which produces
enough electricity each year to supply 4,300 households.
PROJECT OVERVIEW
ROMANIAS CURRENT LARGEST SOLAR POWER PLANT is
powered by 41,760 solar panels from REC. Located in Giurgiu
County in southern Romania, the 10 MW Izvoru Photovoltaic Park is
owned by Power Live One Srl and was built by Romanian EPC
company Renovatio Solar SRL.
Renovatio Solar needed only four months to complete the
construction and installation of the ground-mounted power plant,
which covers an area of 30 hectares. This is the third in Renovatio
Solars growing portfolio of installations using REC solar panels,
which includes 7 MW (Corabia) and 1 MW (Scornicesti-2) systems.
The strong partnership between REC and Renovatio Solar began at
Intersolar Europe 2012 in Munich, Germany, where the team at
Renovatio Solar rst met with REC.

Choosing REC solar panels for this project
was a clear choice as the quality and
performance provide excellent value.
DRAGOS CONSTANTINESCU, PROJECT MANAGER AT RENOVATIO SOLAR SRL
GROUND MOUNTED INSTALLATION

Owner:
Power Live One Srl
Location:
Giurgiu Country Romania
Type of Installation:
Ground mounted power plant
System Size:
10 MW
Panel Type:
REC 240 PE
Number of Panels Installed:
41,760
Annual Capacity:
13,500 MWh
Completion Date:
February 2013
Name of EPC:
Renovatiosolar SRL
IZVORU
photovoltaic park
REC is a leading global provider of solar electricity solutions. With nearly two decades of expertise, we oer sustainable,
high-performing products, services and investment opportunities for the solar and electronics industries. Together
with our partners, we create value by providing solutions that beter meet the worlds growing electricity needs. Our
2,400 employees worldwide generated revenues of more than NOK 13 billion in 2011, approximately EUR 1.7 billion or
USD 2.4 billion.