Panasonic to suspend PV cell assembly amid declining demand

The electronics giant will stop production at the Nishikinohama PV cell factory in Kaizuka in Osaka Prefecture from the end of February to the end of October, Kyodo said, citing company officials. The company will temporarily dismiss staff at the factory, which produces cells for household solar panels.

Demand for residential PV systems in Japan has fallen, reflecting declining feed-in tariffs for solar power.

Panasonic will continue operations at its two other fabs in western Japan and at a facility in Malaysia.

The PV cells produced at the plant make up some 30% of the combined annual capacity of 900,000 kW of cells built at all four Panasonic plants.