Honda to shut solar subsidiary in 2014

November 1, 2013
Facebook
Twitter
LinkedIn
Reddit
Email

Honda has announced it will close its thin-film manufacturing subsidiary Honda Soltec spring 2014.

In a statement Honda said the falling cost of silicon was one of many factors that meant it was unable to remain competitive.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The unit had developed its own copper, indium, gallium and selenium (CIGS) module and manufactured from a 30MW production hub.

It will continue taking orders until February 2014 and will provide after sales support via a separate Honda affiliate once Soltec has been dissolved.

Honda lists the firm's capital investment at ¥4 billion (US$40.5 million). Soltec was established in 2006.

Read Next

Premium
March 17, 2026
PV Talk: Premier Energies' Vinay Rustagi explores how India’s rapid renewable energy expansion is colliding with the limitations of its grids.
March 17, 2026
Sunsure has secured INR6.06 billion (US$65.6 million) in debt financing to develop solar projects across Maharashtra and Uttar Pradesh.
March 17, 2026
US corporate clean energy procurement hit a record high in 2025, growing by 12% with the majority of deals for solar PV capacity, according to the Clean Energy Buyers Association (CEBA).
March 17, 2026
IPP rPlus Energies has secured over US$650 million in debt facilities to support construction work at its Blacks Creek Energy Centre in Idaho.
March 17, 2026
Japanese-owned renewables firm Idemitsu Renewables has begun operations at a utility-scale solar-plus-storage project in California.
March 17, 2026
The Moroccan Agency for Sustainable Energy (MASEN) has started construction on the 305MW Noor Atlas solar PV portfolio.

Upcoming Events

Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain