Honda to shut solar subsidiary in 2014

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

July 21, 2026
Site adaptation has become the backbone of solar project finance and modern technical designs, according to Solargis' Martin Opatovsky.
Premium
July 21, 2026
Sofab Inks has today announced that it has secured US$6 million in to expand its tin-based ETL solution for use in perovskite solar cells.
July 21, 2026
Solar PV solutions provider Nextpower has completed the acquisition of battery energy storage system (BESS) integrator Prevalon Energy.
July 21, 2026
Norwegian IPP Statkraft has made final investment decisions (FID) in two solar PV projects in Ireland and the UK, combining 131MWp, in the second quarter of 2026.
July 21, 2026
A Brazilian government bill mandating 2.5GW of new gas-fired power plants will increase the curtailment of renewable energy plants by 12%, according to analysis from Aurora Energy Research.
July 21, 2026
Avantus has started commercial operations at its Aratina 1 project in California, which combines 200MW of solar PV and 500MWh of batteries.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
April 20, 2027
Istanbul, Türkiye