Company profile: REC
1.1 - Company Overview
Company description
- Provider of solar energy solutions with broad presence across the photovoltaic value chain, producing silicon materials, PV wafers, cells, and modules. Manufactures HJT solar panels for residential, commercial, and industrial use, including REC Alpha Pure-RX (450–470 Wp), Alpha Pure-R (400–430 Wp), Alpha Pure 2 (400–430 Wp), and Alpha Pro M (610–640 Wp).
Products and services
- REC Alpha Pro M: Industrial-grade HJT commercial/industrial solar panel producing 610-640 Wp, architected for large-scale installations requiring higher power panels
- REC Alpha Pure 2: Space-optimized HJT residential solar panel delivering 400-430 Wp, engineered to maximize energy yield in limited spaces
- REC Alpha Pure-RX: Compact-format HJT residential solar panel producing 450-470 Wp, engineered for efficient energy production using a compact design
Key contacts
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Financial details
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1.2 - Competitors and similar companies to REC
Navisun
HQ: United States
Website
- Description: Provider of distributed and small utility-scale solar and storage projects, co-developing, acquiring, building, financing, owning, and operating ground, rooftop, and carport installations across the U.S., with services spanning project development and co-development, energy storage solutions, and construction.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Infiniti Energy
HQ: United States
Website
- Description: Provider of solar development, engineering, procurement, and construction (EPC) services, including site evaluation, land planning, environmental permitting, and electrical design for commercial, industrial, municipal, and utility-scale solar projects. Offers financing such as power purchase agreements to reduce electricity costs and supports environmental justice and workforce development via the Infiniti Equity Fund.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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Volts Energies
HQ: Canada
Website
- Description: Provider of solar panels, generators, inverters, chargers, batteries, and converters via an online store in Canada, focusing on the design and manufacturing of efficient, cutting-edge energy systems, with alternative energy know-how since 2003.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Tradewind Energy
HQ: United States
Website
- Description: Provider of wind and solar development solutions in the renewables and environment sector.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Autarq
HQ: Germany
Website
- Description: Provider of solar roof tiles as environment-friendly energy sources.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for REC
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to REC
2.2 - Growth funds investing in similar companies to REC
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4 - Top valuation comps for REC
4.2 - Public trading comparable groups for REC
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