REC Group In Major Equipment Supply Deal With Maxwell Technologies

The Reliance owned REC Group has announced a major equipment supply deal with Chinese  solar equipment manufacturer Maxwell technologies.

The agreement covers the supply of equipment for REC’s latest heterojunction technology (HJT) innovation, REC Alpha Pure-R, introduced at this year’s Intersolar Europe. REC is on a major expansion drive since the Reliance takeover, with a gigacomplex coming up at Jamnagar in Gujarat to manufacture modules.

Maxwell and REC go back at least 5 years, 2017 in fact, when REC first launched its N-Peak product and used Maxwell’s print line for its TOPCon cells. Maxwell was REC’s first choice for print line equipment when it launched its HJT Alpha Series in 2019. Over the past two and half years, the two companies have successfully expanded their collaboration on HJT cell and module equipment, the key foundation for the new REC Alpha Pure-R Series.

Talking about the deal, Shankar G. Sridhara, CTO at REC Group said “For REC, this supply agreement means we have a reliable partner with a cost-effective and aggressive R&D roadmap, well matching our future product portfolio. With a strong manufacturing capacity, Maxwell is also able to meet REC’s aggressive ambition to become a multi-GW HJT player in the solar industry in the coming years.”

Jian Zhou, Chairman of Maxwell Technologies, said, “We’re delighted to cooperate with REC once again and pleased that our HJT equipment has helped REC to achieve HJT innovation. As a leading manufacturer of HJT equipment in the solar industry, Maxwell has always been committed to promoting the development of HJT technology and its mass-production applications. REC’s choice allows us to see a brighter prospect of global HJT market. In the future, we will continue to strengthen our R&D capability to provide the more advanced and improved HJT manufacturing turn-key solution to customers.”

The REC Alpha Pure-R Series was unveiled at Intersolar Europe 2022 as the world’s highest-power solar panel for residential installations with G12 HJT cells and marks REC’s latest bold innovation. The company also showcased it at the REI 2022 in The NCR region , India recently.

Featuring half-cut HJT cells in the large G12 format in a patented panel design, the Alpha Pure-R series delivers power output of up to 430 Wp, while keeping the module under two square meters in area. Being lead-free and RoHS compliant, the REC Alpha Pure-R promises a lower environmental footprint. Production started this September at REC’s site in Singapore based on Maxwell’s equipment, doubling REC’s HJT Alpha capacities from 600 MW to 1.2 GW.