Info
Info
News Article

USE Manufacturer Closes Site

News
Solyndra announces closure of Fab 1 as orders shrink by 50% of original estimate
According to a report in The New York Times, USA based dollar panel maker Solyndra is planning to close an older manufacturing plant with resultant job losses. The move is been seen by USA financial commentators as a sign of increasing competition from Chinese manufacturers with their dominance of the silicon based solar markets. The company however, placed a more pragmatic spin on the move suggesting they will devote resources to the newly opened Fab 2. This is despite the company stating the opening was to spur the rapid expansion that was expected.

The company abandoned its public stock offerings earlier in the year after halving its production capacity estimates to around 300MW by 2013. 

Solyndra specialises in thin film PV modules that have been hit hard by the reduced cost of silicon based technologies. Something a couple of years ago was not expected to occur. Thin Film PV suffers from less efficiency at present and the cost difference was the USP until the technology could mature. 

Despite the setbacks the company remains positive about its future plans with the option of re-opening Fab 1 or expanding Fab2 depending on how the technologies and markets play out.
SUNfarming Reaches Financial Close On Project Financing For 26 MWp PV Portfolio In Poland
Winch Energy Closes Largest Mini Grid Financing Portfolio To Date
Greencoat Renewables Announces First Transaction In Nordic Market
SolarArise Commissions 75 MW Solar Plant In Uttar Pradesh
Luxcara And GE Renewable To Deliver 753 MW To Sweden With Single Onshore Wind Farm
Ib Vogt Achieves Financial Close And Start Of Construction Of 116 MWp Solar PV Project In Malaysia
SunBrush Mobil And Infinity Establish Service Base At Benban, Africa's Largest Solar Park
Leclanché Selected By ENERGODATA To Provide Battery Storage
SUNfarming Secures EUR 10 Million In Fresh Money For Poland
AEG Power Solutions Equips The Microgrid Laboratory Emulator Of Paderborn University
Analysis Of UK Commercial Roof Space Shows Solar PV Film Can Achieve Net Zero Without Greenfield Sites
The Smarter E South America Postponed To October 18-20, 2021
Sonnedix Acquires 150MW Utility Scale Project Located In Central Chile
International Solar Alliance Special Assembly Elects Dr Ajay Mathur As New Director General
Driving Efficiency Through Flexible Solar Power Solutions
Sonnedix Brings Chile Closer To Meet Its Renewable Power Targets
US Solar Fund To Acquire Up To 50% Of 200MWDC Mount Signal 2
Oakapple Renewable Energy Appoint Stuart Gentry To Head Business Development
Q CELLS Solar Modules Keeping The Lights On For Dutch Bulb Grower
BayWa R.e. And HeidelbergCement Sign First Solar Corporate PPA In Polish History
VivoPower International PLC Announces Completion Of Electrical Works For 39 MWdc Molong Solar Farm
Sonnedix Adds 40 MW Of Capacity To Its Portfolio In Chile
Going Green In Lancashire – Hundreds Of Houses Installed With Solar Panels In Ground-breaking Project
Solar Energy For Water Treatment: IBC SOLAR Helps Water Authority Become More Sustainable

×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Solar + Power Magazine, the Solar + Power Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification} Array
Live Event