New business strategy for Italian Solon SpA

The Italian subsidiary of Solon, SpA, has announced it has suspended module production at its plant in Carmignano del Brenta, in the northern Italian region of Veneto.

It has redeveloped its business plan in order to become a specialist systems integrator. The company will focus primarily on the system integration business, providing engineering, procurement and construction (EPC) services for turnkey PV installations, alongside its current position of module distribution.

The factory closure will affect about 70 workers

President and CEO of Solon SpA, Wojciech Swietochowski, said, "With this change in strategy we will exploit the long experience and engineering know-how completed to date, that has put us in this favoured position. We will continue to offer the entire range of Solon modules. Our customers will be supported by services such as design, development, implementation and maintenance of facilities.”

Photon International claims this could be “part of a broader restructuring of the Group Solon”. Last year Solon filed for insolvency. At the beginning of January, Solon opened talks with potential investors and commenced an auction to sell equipment from its Arizona plant. Solon has also handed over management of five Spanish plants to MEP Asset Management.

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