REC Solar Overview
- Year Founded
-
1996

- Status
-
Acquired/Merged
- Employees
-
1,636

- Latest Deal Type
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M&A
- Financing Rounds
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5
- Investments
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6
REC Solar General Information
Description
Manufacturer of solar panels intended to offer solar power solutions and sustainable energy products. The company's products include wafers, solar cells, and other solar materials as well as offers related maintenance and installation services.
Contact Information
Website
www.recgroup.com(Operating Subsidiary)
Corporate Office
- Fiskaaveien 100
- 4621 Kristiansand
- Norway
Corporate Office
- Fiskaaveien 100
- 4621 Kristiansand
- Norway
REC Solar Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
REC Solar Comparisons
Industry
Financing
Details
REC Solar Competitors (18)
One of REC Solar’s 18 competitors is Tata Power Solar Systems, a Corporate Backed or Acquired company.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Tata Power Solar Systems | Corporate Backed or Acquired | |||||
Wuxi Suntech Power Co. | Formerly PE-Backed | Wuxi, China | ||||
SYNCRIS | Accelerator/Incubator Backed | Minneapolis, MN | ||||
Orb Energy | Private Equity-Backed | Bengaluru, India | ||||
SunPro Energies | Corporation | Singapore, Singapore |
REC Solar Patents
REC Solar Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
AU-2010903092-A0 | Recball | Inactive | 13-Jul-2010 | ||
FR-2783454-B1 | Plant for the manufacture and selective distribution of loads of mortar and / or concrete ready to use | Inactive | 18-Sep-1998 | ||
FR-2783454-A1 | Plant for the manufacture and selective distribution of loads of mortar and / or concrete ready to use | Active | 18-Sep-1998 | ||
FR-2755895-B1 | Process and plant for the manufacture and selective distribution of loads of ready-mortar mortar and / or concrete | Inactive | 21-Nov-1996 | ||
EP-0939692-B1 | Method and installation for making and distributing selective loads of mortar and/or concrete ready for use | Inactive | 21-Nov-1996 | G07F13/06 |
REC Solar Signals
REC Solar Former Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
REC Solar Investments & Acquisitions (6)
REC Solar’s most recent deal was a Seed Round with Go (Wireless Communications Equipment). The deal was made on 01-Apr-2021.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Go (Wireless Communications Equipment) | 01-Apr-2021 | Seed Round | Wireless Communications Equipment | ||
Stellar Energy GP | 17-Jun-2015 | Merger/Acquisition | Alternative Energy Equipment | ||
Noble Health and Safety Consultancy | 12-Jul-2009 | Merger/Acquisition | Consulting Services (B2B) | ||
Mainstream Energy | 14-Apr-2008 | Corporate | Alternative Energy Equipment | ||
CSG Solar | 01-Feb-2005 | PE Growth/Expansion | Other Commercial Products |
REC Solar Exits (3)
REC Solar’s most recent exit was on 14-Apr-2008 from Mainstream Energy. The exit was categorized as
.Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
Mainstream Energy | 14-Apr-2008 | Completed |
|
||
CSG Solar | 01-Feb-2005 | Completed |
|
||
CSG Solar | 01-Jan-2004 | Corporate | Completed |
Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
Stellar Energy GP | Petaluma, CA | 2004 |
REC Solar FAQs
-
When was REC Solar founded?
REC Solar was founded in 1996.
-
Where is REC Solar headquartered?
REC Solar is headquartered in Kristiansand, Norway.
-
What is the size of REC Solar?
REC Solar has 1,636 total employees.
-
What industry is REC Solar in?
REC Solar’s primary industry is Alternative Energy Equipment.
-
Is REC Solar a private or public company?
REC Solar is a Private company.
-
What is the current valuation of REC Solar?
The current valuation of REC Solar is
. -
What is REC Solar’s current revenue?
The current revenue for REC Solar is
. -
How much funding has REC Solar raised over time?
REC Solar has raised $480M.
-
Who are REC Solar’s investors?
Elkem and REC Silicon have invested in REC Solar.
-
Who are REC Solar’s competitors?
Tata Power Solar Systems, Wuxi Suntech Power Co., SYNCRIS, Orb Energy, and SunPro Energies are some of the 18 competitors of REC Solar.
-
When was REC Solar acquired?
REC Solar was acquired on 10-Oct-2021.
-
Who acquired REC Solar?
REC Solar was acquired by Reliance Industries.
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