Chinese module manufacturer Astronergy will close its Frankfurt production facility with the loss of 200 jobs. The site will, however, be repurposed into a sales and service hub for the European market.
Taiwan-based PV cell and module manufacturer Motech Industries plans to deploy 400MW of solar in Pingtung County in southern Taiwan, according to a company executive, while it is also in early talks with other cell makers about setting up a module factory.
This week's Movers & Shakers segment involves new CEOs, CFOs and managing directors. New Jersey's NRG Energy exits the residential solar business and the SEIA bestows its prestigious Solar Champion Award.
Saudi-based industrial conglomerate Al-Afandi Group has signed a property contract with the Yanbu Royal Commission in Saudi Arabia for the first phase what is hoped to become a 1GW integrated module factory.