Germany: Glimmer of hope for First Solar's Frankfurt operations

21. December 2012 | Industry & Suppliers, Markets & Trends | By:  William Vorsatz

By the end of the year, First Solar Inc. will stop photovoltaic production in Germany's Frankfurt Oder. However, plant management has announced that there is now investor interest and hopes for a solution in Q1 2013.

First Solar Frankfurt Oder facility

There is still chance for First Solar's Frankfurt Oder photovoltaic facilities, according to sources.

First Solar's photovoltaic module production is scheduled to officially end on December 31 in Frankfurt Oder. However, according to media reports in Germany, plant manager, Burghard von Westerholt believes that there could soon be some new information announced.

Reportedly, there are several seriously interested parties, with whom discussions have been conducted. He hopes to be able to present a solution in Q1 2013.
Some of the potential interested parties come from both the domestic and international solar industry, said Westerholt, who declined to divulge any further details.

Germany's employment agency has calculated that the move away from Frankfurt Oder by First Solar will not just cost 1,200 jobs, but actually up to 2,000 in the region, including employees of subcontractors and other service providers.

Translated by Becky Beetz.

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Alex Jameson

Sunday, 07.07.2013 03:05

I'm keeping an eye on the photovoltaic field as it is booming. Would not be surprised if investing now in these companies paid good dividends in a year's time. Considering investing seeing that I'm just a barber desiring to enter the technology investing niche!


Alex My hairstyles blog

oscar halmark from Puyallup

Monday, 24.12.2012 15:01

This is nice and love to be here and enjoy very much around in here.Suppliers Beauty Products

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