Narec Solar Spun Out

Absolicon continues the cooperation with Narec after the spun out. Absolicon is one of its most important customers and will become an important partner in the new organization.

The Narec Photovoltaic Technology Centre (PVTC) is a world leader in high efficiency solar cells that concentrate the sunlight and is involved in several research projects. In early 2012, Narec spun out it’s Photovoltaic Technology Centre (PVTC) and created a new company: Narec Solar Ltd. 15 full time employees have been transferred into the new company, which will sublease the PVTC premises and operate on a commercial basis.