SolarCity And REC Group Sign 100 MW Supply Agreement


SolarCity and Norway-based REC Group have signed a supply agreement under which SolarCity will purchase a minimum of 100 MW and up to 240 MW of REC's Peak Energy solar panels.

The agreement covers a 12-month period beginning in the fourth quarter of this year. SolarCity says it plans to install the solar panels across its 15-state service territory.

The solar panels are compatible with SolarCity's Zep Solar mounting system. REC and Zep Solar entered into a technology licensing agreement earlier this year.

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