The Norwegian company remains one of Qcells' main suppliers of solar wafers. In addition, Rec and Qcells are shareholders in the joint venture Sovello AG, together with Evergreen Solar.
Qcells placed 85m shares in Rec at NOK 55
Qcells AG said it completed the placing of approximately 85 million shares in Renewable Energy Corporation ASA (Rec) raising 530 million euros.
