New business strategy for Italian Solon SpA

  • The company will focus primarily on the design, development, realization and maintenance of turnkey PV systems alongside its current position of module distribution.

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.

Newsletter

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

Publications

  • Photovoltaics International 20th Edition

    Has the latest round of consolidation in the supply chain enabled a more sustainable growth curve for the solar industry or is this a blip fuelled by subsidies? In this context Photovoltaics International has never been more relevant for your business. Whether you are a glass half empty or full person, the fact remains that orders are up across the board, new markets are coming on stream and analysts’ predictions are increasing again. Optimism is starting to creep into even the most conservative of organisations.

  • Manufacturing The Solar Future: The 2013 Production Annual

    In the ever-changing global solar markets, cost reduction and measures to increase cell efficiencies are the key tools available to PV manufacturers to create new opportunities and drive your business to the next level. Manufacturing the Solar Future 2013 is the third in the Photovoltaics International PV Production Annual series, delivering the next instalment of in-depth technical manufacturing information on PV production processes designed to help you gain the competitive edge.

Partners

Acknowledgements

Solar Media