FEOC
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REC Group

Clean
🇳🇴 NorwaySandvika, NorwaySolar PanelsSubsidiary of Reliance Industries (NSE: RELIANCE)

Last verified: 2026-04-22

Risk Summary
Country RiskLowHQ in Norway (allied nation)
Entity List ExposureLowNot on any lists
Ownership RiskLowSubsidiary of Reliance Industries (NSE: RELIANCE)
Domestic AlternativeLow10 allied/US options available

Entity List Screening

ListAgencyStatusYear
BIS Entity ListBureau of Industry and SecurityNot Listed2026
OFAC SDN ListOffice of Foreign Assets ControlNot Listed2026
DOD Section 1260HDepartment of DefenseNot Listed2026
UFLPA Entity ListCustoms and Border ProtectionNot Listed2026
SEC DisclosuresSecurities and Exchange CommissionNot Listed2026
IRS FEOC GuidanceInternal Revenue ServiceNot Listed2026

Ownership Structure

Reliance Industries (Indian conglomerate, Mukesh Ambani)
🇳🇴 NorwayIndividual / Shareholder
REC Group
🇳🇴 NorwayManufacturer

Source: SEC filings, stock exchange disclosures, corporate registry data. Ownership percentages reflect most recent available disclosure.

Compliance Assessment

Norwegian-headquartered allied nation company. Indian parent (friendly nation). No FEOC ownership links.

Key Factors

  • Headquartered in Norway, an allied nation
  • Ownership: Subsidiary of Reliance Industries (NSE: RELIANCE)
  • No current US domestic manufacturing operations
  • Not listed on any federal entity lists
  • Norwegian solar manufacturer owned by India's Reliance. Clean FEOC status. European and Asian manufacturing.

Products & Equipment

HJT solar cellsAlpha Series solar panelsTwinPeak solar modules

Manufacturing in Singapore and Norway. No US facility announced.

Other Manufacturers in Solar Panels

All manufacturers in this product category

First SolarClean
🇺🇸 United StatesUS Mfg
Trina SolarFlagged
🇨🇳 China
JinkoSolarFlagged
🇨🇳 China
LONGi Green EnergyFlagged
🇨🇳 China
Canadian Solar (CSI Solar)Under Review
🇨🇦 CanadaUS Mfg
Hanwha Q CellsClean
🇰🇷 South KoreaUS Mfg
JA SolarFlagged
🇨🇳 China
Risen EnergyFlagged
🇨🇳 China

Data Sources

  • BIS Consolidated Screening List
  • Company disclosures

This information is for reference only and does not constitute legal advice. Compliance determinations should be verified with qualified legal counsel. Entity list data is sourced from publicly available federal databases and may not reflect the most recent updates.