The World's #1 Renewable Energy Network for News, Information, and Companies.

Schott Solar To Halt Crystalline PV Production in Germany, Close US Plant

Schott Solar plans to halt its crystalline silicon solar panel manufacturing activities in Germany this October, according to German newspaper Wormser Zeitung. Schott's headquarters and product development division will remain in Mainz.

Further details about the plan will unfold after the company formally announces the closure. The paper however said that 870 of Schott's 1,100 employees are to be affected by the decision.

Schott has also announced that it will be closing its manufacturing plant in Albuquerque, N.M. by the end of the summer, with manufacturing set to halt on Friday. About 250 employees will lose their jobs. The plant produced both photovoltaic modules and concentrated solar power recievers. Schott said that it will continue business in the U.S., but not in a manufacturing capacity. 

Schott manufactures PV cells, modules and wafers and CSP receivers at facilities in Germany, Spain, Czech Republic and the U.S.

These closures closely follow Schott's decision to halt its cell manufacturing facility in Alzenau, Germany last December, when it cited a weak market. It also shut down its multicrystalline wafer production in Jena, Germany in January due to industry overcapacity and falling module pricing. Both closures led to the loss of around 600 jobs.

Schott is expected to continue its presence in high-efficiency cells and modules with an increased focus on product development, according to the newspaper.

To date more than 18 solar manufactureres have announced bankruptcies or restructuring in the past 12 months. 

More details to come as they are made available.

Image: Closed sign via Shitterstock

RELATED ARTICLES

Rooftop Solar Panels

Hypocrisy? While Buffett Champions Renewables, His Company Fights Rooftop Solar

Mark Chediak, Noah Buhayar and Margaret Newkirk, Bloomberg Warren Buffett highlights how his Berkshire Hathaway Inc. utilities make massive investments in renewable energy. Meanwhile, in Nevada, the company is fighting a plan that would encourage more residents to use green power.
Japan Microgrid

Born from Disaster: Japan Establishes First Microgrid Community

Junko Movellan, Correspondent Although Japan's Fukushima prefecture is most commonly associated with the 2011 disaster due to the nuclear power melt-down, Miyazaki prefecture, located north of Fukushima, suffered from the largest death toll, close to 10...
Renewable Energy Finance

Clean Energy ETFs Are on a Tear

Eric Balchunas, Bloomberg Green investing used to be synonymous with losing money. But while the S&P 500 Index is up 2 percent this year, and the MSCI All-Country World Index is up 5 percent, clean energy ETFs have double-digit re...

Wheels, Towers and Trees: Unconventional Renewable Energy Technologies in the Pipeline

Andrew Williams, International Correspondent A number of companies around the world are developing novel technologies in an effort to grab a slice of the global renewable energy market.  Although many of these technologies are simple incremental improvements to e...
Renewable Energy World's network editors help deliver the most comprehensive news coverage of the renewable energy industries. Based in the U.S. and the UK, the team is comprised of editors from Pennwell Corporation's myriad of publications that ...

CURRENT MAGAZINE ISSUE

03/01/2015
Volume 18, Issue 3
file

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

FEATURED PARTNERS



EVENTS

EU PVSEC 2015 (European PV Solar Energy Conference and Exhibition)

The EU PVSEC is the largest international Conference for Photovoltaic re...

Sponsor/Exhibitor: MIREC Week 2015

Solectria, Pillar, and Variadores together are co-Silver Sponsors! Come ...

More Power, More Profit Tour - San Diego

Register for the SMA More Power, More Profit Tour for free, in-person sa...

COMPANY BLOGS

EU PVSEC 2014: Call for Papers Receives Great Response

More than 1,500 contributions apply for presentation in AmsterdamScienti...

EU PVSEC 2014 extends its Scope

Added focus on application and policy topicsAbstracts for conference con...

Boulder County Residents Generate Their Own Energy with Community S...

Despite a soggy afternoon, solar energy advocates gathered at ...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS