Canadian Solar cutting jobs at Ontario module assembly plant - reports

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Canadian Solar was quoted as saying that the headcount reduction at the plant was due to a decline in demand for modules and increased competition as module prices have fallen. Image: Canadian Solar

According to local news reports, ‘Silicon Module Super League’ (SMSL) member Canadian Solar has cut 130 manufacturing jobs at its PV module assembly plant in Guelph, Ontario.

Canadian Solar was quoted as saying that the headcount reduction at the plant was due to a decline in demand for modules and increased competition as module prices have fallen

The company recently revised it capacity expansion plans and failed to highlight whether the previously announced plans to double (500MW) module assembly production at the Ontario plant, would proceed. 

Canadian Solar had previously said in reporting second quarter financial results that it expected global in-house module capacity to reach 5.8GW by the end of year, instead of previous guidance of 6.43GW. 

The news comes soon after SolarWorld announced plans to reduce its manufacturing workforce in Germany with 500 job losses and microinverter firm, Enphase Energy said around it would reduce its global workforce by around 11%.

Before these job losses, SunPower announced a workforce reduction of around 1,000, due to its closure of module assembly at its Philippines plant and relocation of assembly in Mexico.

Read Next

July 27, 2021
Canadian Solar has closed a BRL500 million (US$100 million) financing facility to develop a Brazilian solar portfolio claimed to be the country’s largest, while also giving it the option to hold built solar assets for longer.
July 27, 2021
A round-up of the latest news from the US solar market, featuring Vision Solar’s commitment to hire “hundreds” of sales staff as part of a two-state expansion, Recurrent Energy’s sale of two major assets in Texas and news of 8minute Solar Energy strengthening its legal team.
July 2, 2021
Trina Solar has achieved a record aperture module efficiency of 23.03% for larger-area industrial silicon p-type modules, the manufacturer said.
June 30, 2021
Japan’s eighth solar auction, for projects with a generation capacity of more than 250kW, has closed with bidders securing a total of 208MW.
June 29, 2021
Solar Module Super League (SMSL) members JinkoSolar and Canadian Solar have both submitted applications to the Shanghai Stock Exchange, progressing their respective initial public offering (IPO) plans.
June 25, 2021
Canadian Solar has secured a €50 million (US$59.7 million) bilateral corporate facility with Banco Santander to support its project development efforts in Europe, the Middle East and Africa (EMEA).

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK