Wednesday, November 5, 2014

Norway's REC Silicon plans $115 mln capacity expansion in Washington State

Article Abstract:
(Reporting by Stine Jacobsen; Editing by Balazs Koranyi)

* Q3 EBITDA $44.9 mln vs forecast $40 mln
* Raises 2014 production target
* Approves 3,000 MT capacity expansion worth $115 mln (Adds detail)

OSLO, Nov 4 (Reuters) - Solar firm REC Silicon reported third-quarter earnings above forecasts on Tuesday, raised its 2014 production guidance and said it would spend $115 million to expand capacity its Washington state plant.
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