Solar panel maker SunPower Corp said it will restructure its Philippines manufacturing operations and cut about 900 jobs, citing challenging industry conditions. The company said it will temporarily idle six of its 12 lines at its cell manufacturing plant and 20 percent of its panel manufacturing in the Philippines to reduce inventory, lower operational costs … Continue reading
http://www.youtube.com/watch?v=cM7UPZZ0BA4 via Schott Solar announces layoffs – YouTube.
The Obama administration’s recent decision to slap import tariffs on Chinese solar cells was hailed by some domestic solar manufacturers as a victory for job creation, leveling the field while sending a powerful message to Beijing about monopolistic behavior in crucial industries. But a close look at the U.S. solar industry suggests that the tariffs … Continue reading
Baker Center answers our question on solar energy : the spread of solar power technology into energy markets is following the same “less-than-smooth” path. Solar power is on track to become a major source of energy for the United States, and will likely need less federal incentive than other energy sources to get there, according to a study … Continue reading
Citing a shortage of customers for its solar panel products, Siliken Canada has laid off 40 workers from its Windsor manufacturing plant. The move is only the latest blow to the region’s fledgling solar industry. Siliken general manager Paco Caudet said the situation is “no different than in any other manufacturing sector.” “When you have … Continue reading
LDK Solar Co. (LDK), the world’s second- largest maker of wafers for cells, cut 5,554 jobs this year after plunging prices cut margins to a record low amid a renewable-energy shakeout that’s pushed at least eight solar companies into bankruptcy and prompted thousands of industry firings. LDK, which reported the lowest margins among its publicly … Continue reading
Renewable Energy Corp ASA (REC), Europe’s second-largest polysilicon producer, is closing its second wafer factory in five weeks after competition from Chinese rivals drove down prices by more than two-thirds for the material used in solar panels. REC will cease production at the plant in Heroya, Norway, in the second quarter, eliminating 460 jobs, REC … Continue reading