Indonesia Solar Expo 2014: REC boosts its presence on the Indonesian market with new and established high-quality solar products and comprehensive market expertise

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Munich – August 13, 2014: REC, the largest European manufacturer of solar panels worldwide, is expanding its presence in the Asia-Pacific region by being a first-time exhibitor at the Indonesia Solar + Building Expo in Jakarta. The trade show which takes place from August 14 to 16 is considered as the country’s premiere exhibition for solar power and energy efficiency. At REC’s booth B7 in hall A3, a new solar solution from REC will be presented alongside the established REC Peak Energy Series solar panel. REC executives and regional representatives will be on hand to answer technical questions, highlight case study installations, and to discuss insights on the Indonesian market.

The SolarBox is REC’s new all-in-one, off-grid solar solution catering to regions that experience unreliable access to the grid. It is composed of REC solar panels, inverter system and battery bank packed into a shipping container which can be deployed on site within two days and without any heavy construction equipment. The modular design is available in 20-50 kW sizes and enables local businesses, hospitals and communities in developing regions to gain independence from unreliable grid power. The REC SolarBox is quite relevant and practical for Indonesia, where an estimated 60 million people currently lack access to electricity.

Visitors to the Indonesia Solar + Building Expo will also have the opportunity to see REC’s renowned high-quality Peak Energy Series solar panels up close. The company’s commitment to quality is proved by its very low products claim rate where out of the more than 3 million panels manufactured every year, less than 300 panels are returned from the field. All REC panels are manufactured at the company’s fully automated integrated production plant in Singapore (a less than two-hour flight away from Jakarta) where internal quality testing protocol are twice as stringent as industry standards. REC's highly reliable products, are backed by the company’s linear 25-year power output guarantee, and feature enhanced power production per square foot, robust and durable design, easy installation, and optimized performance in all climate conditions.

REC is committed to excellence throughout the solar value chain. In addition to over-performing solar panels, installation quality is also key for solar projects to meet and even exceed expectations. With a mock-up rooftop installation at REC’s booth, visitors will gain a better understanding of crucial installation topics. The company also trains and certifies solar installers through its dedicated REC Solar Professional Program. With this, end-customers can rely on the overall performance and quality of their solar system powered by REC.

Barry Aryanasvara, Vice President for Asia Pacific at REC, explains the high importance of this show for REC: “We see a notable potential in the Indonesian solar market on a long-term perspective and are highly committed to increase our local engagement. For REC, Indonesia is the next big market in Asia Pacific.  We are experiencing increasing attention for our products thanks to their over performance in more demanding climate conditions as well. This makes installations with REC panels also more attractive from an economic perspective.”

The government of Indonesia aims to provide 15% of total energy use from renewable energy sources by 2025, with solar at a capacity of 870 MW. It is currently tendering as many as 80 projects related to the development of solar power plants, totaling up to 140 MW. According to REC, major potential segments are commercial and utility-scale installations, as well as diesel-PV hybrid systems for off-grid use. By reducing diesel and coal shares in the electricity mix and giving a higher priority to solar, Indonesia is in a strong position to boost steady access to electricity and therefore its economic prosperity, while at the same time reduce the country’s CO2 emissions. As Indonesia is facing declining domestic oil production with more and more imports, a government’s call for increased development of renewable energies will reduce the country’s trade deficit and dependency of volatile oil prices.

For further information please contact:
Agnieszka Schulze
Public Relations Manager, REC
Leopoldstr. 175, 80804 Munich, Germany
Phone +49 89 54 04 67 225 
Email agnieszka.schulze@recgroup.com

About REC:
REC is a leading global provider of solar energy solutions. With more than 15 years of experience, we offer sustainable, high performing products, services and investments for the solar industry. Together with our partners, we create value by providing solutions that better meet the world’s growing energy needs. REC is headquartered in Norway and listed on the Oslo Stock Exchange (ticker: RECSOL). Our 1,600 employees worldwide generated revenues of USD 647 million in 2013.
Find out more about REC at www.recgroup.com

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