SCHOTT to discontinue wafer manufacturing at German facility
SCHOTT Solar AG, an international supplier of highperformance solar modules and key components of of photovoltaic (PV) systems is planning to discontinue wafer manufacturing at its facility in Jena, Germany.
The move will conclude the company’s restructuring efforts and is expected to affect 290 employees. SCHOTT reportedly stated that developments in the global solar industry, including overcapacities and severe price declines for wafers and cells, have made the termination of wafer production necessary. The company will open a technology center for monocrystalline wafers at the site in Jena, and will continue manufacturing thin-film solar PV modules at the site as well.
“We will no longer be pursuing upstream stages of the value creation chain that only generate losses. Instead, we will be concentrating on the fast-growing module and project business,” Dr. Martin Heming, SCHOTT Solar AG CEO was quoted as saying.
“With the help of this new strategy, outstanding products and the strong SCHOTT Solar brand, we are in an excellent position to operate successfully in the difficult solar market,” he added.
Post this decision, SCHOTT is evaluating the prospects of offering further employment for the affected employees in other areas of the company. The company also stated that it is engaged in an intensive dialogue with social partners to come up with solutions other than dismissing staff for operational reasons.
SCHOTT also notes that it will launch its new SCHOTT PERFORM MONO highperformance PV module in the first half of 2012, and that it is engaged in successful joint research efforts on various technologies aimed at making solar energy more powerful while lowering prices.