Exactly three years after rescuing the solar cell production of insolvent German producer Sunways, Bluecell GmbH announced it will shut down this production. Several local media report that the company has halted manufacturing activities at the facility in late May. A few weeks earlier, the 84 employees at the factory were informed of the closure, according to the Thüringer Allgemeine. Part of the production equipment is already to be auctioned off online.
Offers for the equipment, which was provided by Centrotherm, Jonas & Redmann and Baccini can be submitted by the end of August.
The Swiss investor acquired the 100 MW cell production in Arnstadt from insolvent Sunways in June 2014. Still in 2016, the company’s CEO Thomas Wiemers had said to local TV station MDR Thüringen that Bluecell was innovating the production equipment in order to secure the business.
The company has decided to close the production due to the strong pressure on prices and in order to avoid the opening of insolvency proceedings.