Schott Solar will stop its Czech crystalline manufacturing operations by the end of August. A spokesperson for the company told German news agency, dpa that the majority of the 500 jobs there will be lost. It is also shutting down operations in Germany, thus affecting more employees. In both Mainz and Alzenau, around 220 jobs will be cut, while around 870 jobs will be lost worldwide.
Spokeswoman, Christina Rettig told pv magazine that Schott Solar, as a company, will remain. The decision to completely withdraw from the crystalline photovoltaic business was decided at a board meeting, held late this June. The reason cited is the dramatically deteriorating market situation, characterized by falling prices and excess capacity.
Interestingly since in recent times it has been the thin film manufacturers which have been particularly affected the company will continue with its thin film production in Jena, Germany. Rettig added that Schotts future photovoltaic pipeline will be built using its thin film modules.
The company is also continuing on with the production of its solar thermal receivers via its subsidiary, Schott Solar CSP.
Translated by Becky Beetz.