Germany: Schüco to pay €8.6 million back to Saxony-Anhalt

The money paid out by the ministry to Schüco-Malibu was meant to go towards job creation in Saxony-Anhalt. However, following the company’s announcement at the end of July that it would permanently stop thin film module production in Osterweddingen, Saxony-Anhalt, the ministry confirmed to pv magazine that Schüco must pay the €8.6 million back.

In addition to closing the production halls in Osterweddingen, Schüco-Malibu also stopped production in Großröhrsdorf, Saxony this September. Meanwhile, its R&D activities in Bielefeld will be wound down by the end of the year. A total of 270 employees have been affected by the company’s thin film exit.

In mid-2007, Schüco founded Malibu GmbH, together with energy company Eon, in order to enter the photovoltaic business. Around a year later, the company started the production of its thin film modules.

Translated and edited by Becky Beetz.