The second quarter operating result included impairmentcharges of 3.6 billion kroner.
"Current solar market conditions are unsustainable withspot prices below cash cost for all market participants,” said Rec chiefexecutive Ole Enger.
”Solar
Rec operating loss NOK 451m in Q3
Renewable Energy Corporation ASA (Rec) said it made a third-quarter operating loss (ebit) of 451 million Norwegian kroner, or about 61 million euros, compared with a loss of 3.7 billion kroner in the previous quarter.
