01 Jul '12, 5pm

Schott Solar, PV Pioneer, Withdrawing from Silicon Solar Market: Schott Solar, one of the oldest solar compani...

Schott Solar, PV Pioneer, Withdrawing from Silicon Solar Market: Schott Solar, one of the oldest solar compani...

Schott Solar, one of the oldest solar companies with a history in photovoltaics dating back to 1958 is "withdrawing from the crystalline photovoltaic business," according to a letter sent to its customers late last week. The letter cites, "ongoing extraordinary pricing pressure, especially from non-free market economies, and the ongoing subsidy uncertainty in global and US markets," as the cause for its withdrawal. Germany just ratcheted down its Feed-in-Tariff and the U.S. Department of Commerce has made a preliminary decision to impose tariffs on those "non-free market" solar manufacturers in China. Schott has approximately 450 megawatts of PV production in Germany, the Czech Republic, and in Albuquerque, New Mexico. For now, the firm's glass, CSP, and amorphous thin film silicon operations remain although the CSP line will be shut down later this summer according to ABQ...

Full article: http://www.greentechmedia.com/articles/read/Schott-Solar-...

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SCHOTT Solar ceases #PV production indefinitely...

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