• Print

Solar Shakeout: Nanosolar cuts workforce

  • Media reports cite that Nanosolar has reduced its workforce by up to 75%. Image: Nanosolar.
    Media reports cite that Nanosolar has reduced its workforce by up to 75%. Image: Nanosolar.

Nanosolar, a US-based CIGS thin-film solar cell and module manufacturer, has confirmed that it cut its workforce last week with media reports citing up to a 75% reduction.

A statement sent to PV-Tech by Susan Lehman, a PR representative for Nanosolar confirmed that: “Nanosolar did experience a workforce reduction last week. At this time, the company is [in] a quiet period and will not be issuing any formal statements. Once we have more information to share, we will provide additional details.”

Nanosolar, however, would not confirm how many workers had been laid off.

In addition to its headquarters in San Jose, California, the company has an office in Switzerland as well as a 200,000 square feet solar cell printing factory in San Jose and a 500,000 square feet module assembly factory in Luckenwalde, Germany.

It also has 300 employees worldwide, as cited on the company’s website, and is backed by a number of cleantech investors and renewable energy generators. In addition, Nanosolar has received US$35 million in research and development grants from the U.S. Department of Energy and a US$10.3 million Defense Advanced Research Projects Agency R&D contract.


  • Photovoltaics International 27th Edition

    Now that the PV industry has unquestionably entered a new growth phase, all eyes are on which technologies will win through into the mainstream of PV manufacturing. PERC, n-type, p-type bifacial, heterojunction – all have become familiar terms in the ever-growing constellation of solar cell technologies. The question is which will offer manufacturers what they are looking for in improving efficiencies and cutting costs.

  • 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.



Solar Media


We won't share your details - promise!