Jobs lost as Sanyo decides to shut down California factory

Financials

  • 6752
    TYO
    1,205.00
    +6.00 (0.50%)
    3:00PM GMT+9

Falling solar panels and raw materials prices will be claiming 140 jobs at Sanyo Electric’s solar wafer factory in Carson, California, as it prepares to start up operations at a plant in Malaysia. The plant, opened in 2003, makes the equivalent of 30MW of silicon ingots and wafers for solar cells each year and is expected to close in October.

Sumco, a Japanese silicon wafer maker, will also be cutting approximately 1,300 jobs, or 15% of its workforce, as it withdraws from its solar manufacturing business due to declining prices.

Production on the plant in northern Malaysia is due to start in December. Panasonic, who bought a majority stake in Sanyo in 2009, is to invest 45 billion yen (US$587 million) to build the 300MW plant for wafers, solar cells and modules in the Kulim Hi-Tech Park in Kedah.
 

PV-Tech Storage Promo

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 25th Edition

    In this issue we offer some insights into what the next wave of photovoltaic technologies may look like as that upturn gathers pace. Industry observers have been in broad agreement that the major next-gen PV technology innovations won’t happen straight away. But there’s also little doubt that the search is now on in earnest for the breakthroughs that will come to define the state of the art in the industry in the years to come.

  • Manufacturing The Solar Future: The 2014 Production Annual

    Although the past few years have proved extremely testing for PV equipment manufacturers, falling module prices have driven solar end-market demand to previously unseen levels. That demand is now starting to be felt by manufacturers, to the extent that leading companies are starting to talk about serious capacity expansions later this year and into 2015. This means that the next 12 months will be a critical period if companies throughout the supply chain are to take full advantage of the PV industry’s next growth phase.

Partners

Acknowledgements

Solar Media