According to RenewEconomy, Silex Systems has restarted production at its solar module facility in Sydney, Australia. The company announced in November that it would be halting production as it was hard hit by the rooftop solar market and was looking for ways to restructure its business. The report states that Silex decided to start operation again, upon Tindo Solar’s plans to begin commercial production were publicized. Plans to continue ramping up capacity at the company’s Sydney site are being considered.
Michael Goldsworthy, CEO of Silex Systems commented to RenewEconomy in an interview, stating, “There are quite a few angles to this plan. Commercial and utility scale solar are starting to evolve in Australia and around the Asia Pacific basin, and our strategy is to position ourselves to take advantage of that.”
Goldsworthy additionally stated that the company would more than likely bid into the ACT Government’s proposed reverse auction for utility scale solar. The CEO further conceded that commercial and utility scale solar PV is being propelled by significant drops in the prices of solar panels, coupled with growing electricity costs.
The report further advised that Silex Solar is reorganizing its rooftop PV business model with plans to unveil its changes in the coming months and intends to continue collaborating with China-based Hareon Solar.