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Jul 2nd, 2012
German manufacturer Schott Solar decided to exit crystalline silicon solar PV business
German newspaper Wormser Zeitung reported that company would be halting crystalline production.
Schott Solar will cease all crystalline silicon production before the end of this year. This announcement comes surprisingly after Schott’s promising R&D results. The company will continue its thin film and CSP (Concentrated Solar Power) activities.
The company added that the decision affects around 870 employees worldwide, of which 80 are stationed in Mainz and 140 in Alzenau. The reason for leaving crystalline silicon business is a hard competition of Asian players.
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