Board of Directors of REC has approved the 2011 financial statements

Sandvika, March 21, 2012: The Board of Directors of Renewable Energy Corporation ASA (REC) has approved the financial statements for 2011 for both the group and the parent company. There are no changes to the preliminary results for 2011 presented in the fourth quarter 2011 report.

About REC
REC is a leading vertically integrated player in the solar energy industry. Ranked among the world's largest producers of polysilicon and wafers for solar applications and a rapidly growing manufacturer of solar cells and modules, REC also engages in project development activities in selected PV segments. Founded in Norway in 1996, REC is an international solar company, employing about 3,700 people worldwide with revenues of more than NOK 13 billion in 2011. Please visit to learn more about REC


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