Board of Directors has approved 2010 Financial Statements

Sandvika, March 24, 2011: The Board of Directors of Renewable Energy Corporation ASA (REC) has approved the financial statements for 2010 for both the group and the parent company. There are no changes in the financial statements compared to the preliminary results for 2010 presented in the fourth quarter 2010 report.

About REC

REC is a leading vertically integrated player in the solar energy industry. REC is among the world's largest producers of polysilicon and wafers for solar applications, and a rapidly growing manufacturer of solar cells and modules. REC is also engaged in project development activities in selected PV segments. Founded in Norway, REC is an international solar company, employing more than 4,200 people worldwide. REC had revenues close to NOK 14 billion in 2010.  Please visit to learn more about REC.


This information is subject of the disclosure requirements acc. to �5-12 vphl (Norwegian Securities Trading Act)