Renewable Energy Corp to double polysilicon production capacity

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Norwegian Company, Renewable Energy Corp, is doubling its polysilicon production capacity to nearly 13,500 metric tons.

This follows from the construction on a $600 million production facility for solar-grade polysilicon in Moses Lake, Washington. It will add 6,500 tons per annum. Solar capacity is the chief asset of this company -they have more than anyone else, measured by tonnage, in the world.

I like Norway and the Norwegians. But I just can't figure out why a $7 billion Norwegian firm would want to list on the Oslo Stock Exchange and nowhere else !

I also think the name doesn't lend itself to brand recognition. In norwegian, "Renewable Energy" might not show up too much on www.google.no. But in english, any company name with "renewable energy" in the title runs the risk of being drowned out by everything else about it on the internet.

Consequently, in spite of REC being one of the world's largest alternative energy companies, viritually no one has ever heard of it. Meanwhile plenty of people have heard of say, China Biodiesel or Suntech Power Holdings because they have listed on the LSE or the NYSE and have names that say something specific about the company.

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