REC Solar Holdings to Sell REC Solar Norway
POWER & RENEWABLE ENERGY

REC Solar Holdings to Sell REC Solar Norway

REC Solar Holdings has revealed plans to sell REC Solar Norway, a move indicating the company's strategic realignment. The decision to divest the Norwegian solar business aligns with REC Solar Holdings' broader corporate strategy, potentially allowing them to focus on other core operations or streamline their portfolio.

The sale is likely to impact the solar landscape in Norway, and the buyer's intentions and plans for REC Solar Norway will be crucial factors in shaping the future of the business. The transaction also reflects the dynamic nature of the solar industry, where companies may adjust their holdings to adapt to market trends or optimise their business structures.

The specifics of the sale, including the buyer and financial details, are essential aspects yet to be disclosed. As REC Solar Holdings proceeds with this divestiture, the solar energy sector will be closely watching for insights into the strategic direction of both the selling and acquiring entities.

This development underscores the evolving nature of the solar energy market, with companies making strategic decisions to navigate industry changes effectively. The sale of REC Solar Norway is positioned as a notable event in the broader context of the renewable energy landscape, and its implications will be closely monitored by industry stakeholders.

REC Solar Holdings has revealed plans to sell REC Solar Norway, a move indicating the company's strategic realignment. The decision to divest the Norwegian solar business aligns with REC Solar Holdings' broader corporate strategy, potentially allowing them to focus on other core operations or streamline their portfolio. The sale is likely to impact the solar landscape in Norway, and the buyer's intentions and plans for REC Solar Norway will be crucial factors in shaping the future of the business. The transaction also reflects the dynamic nature of the solar industry, where companies may adjust their holdings to adapt to market trends or optimise their business structures. The specifics of the sale, including the buyer and financial details, are essential aspects yet to be disclosed. As REC Solar Holdings proceeds with this divestiture, the solar energy sector will be closely watching for insights into the strategic direction of both the selling and acquiring entities. This development underscores the evolving nature of the solar energy market, with companies making strategic decisions to navigate industry changes effectively. The sale of REC Solar Norway is positioned as a notable event in the broader context of the renewable energy landscape, and its implications will be closely monitored by industry stakeholders.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?