Tag Archives: layoffs


Rumor: More Layoffs at Nanosolar?

Rumor: More Layoffs at Nanosolar?

The slashing continues at CIGS solar PV aspirant Nanosolar. Last week Nanosolar went through a round of layoffs, according to sources and verified with a company spokesperson. The spokesperson would not reveal the magnitude of the staff cuts. Sources claimed 75 percent of the staff was let go. The spokesperson said that Nanosolar was “in


Siemens Announces Wind Layoffs

The wind industry has warned that Congress’ failure to renew a wind production tax credit would result in massive layoffs across the industry, and this looks to be the case already for one major wind manufacturer. Siemens Energy Inc. announced this week that it will be laying off over 600 employees in the midwest as


First Solar Announces Antelope Ranch Layoffs

The 230-megawatt Antelope Valley Solar Ranch One (AVSR1) photovoltaic power plant being built for Exelon Corporation (NYSE: EXC) by First Solar (Nasdaq: FSLR) is facing some challenges. Exclusively to GTM, Assistant Los Angeles County Supervisor Norm Hickling confirmed rumors of “a large layoff” of the AVSR1 workforce on Friday. “I also understand negotiations continue,” Hickling


Amonix Lays Off 200

Amonix last year began work on a new manufacturing facility in North Las Vegas, where it assembled its 7700 CPV arrays. And now it’s laying 200 employees off as it shutters the facility to revamp it for its next generation of CPV products, dubbed the 8700. The 7700 consisted of an IMAX screen-sized solar array


MiaSolé Announces Layoffs

MiaSolé, the Kleiner Perkins- and Vantage Point-backed CIGS solar company, has laid off 30 percent of its workforce, according to sources close to the company. A company spokesperson has verified that there have been layoffs, but did not specify the extent of the reduction-in-force. We understand that many of the layoffs have occurred in engineering


Q-Cells Shortens Work Hours

Work-hour reduction and layoffs are becoming a norm in the renewable energy industry. Q-Cellshas cut working hours for about 2,000 employees, or 80 percent of itsstaff, according to German media reports (picked up by Deutsche Bank’sequity research division). The solar cell maker cited falling demand asthe cause for the move, which came less than a

Deja Vu at MEMC; Another 200 Workers Laid Off

It’s deja vu all over again as we watch MEMC Electronic Materialsstruggle. Earlier this month, we reported that they had laid off 200workers. Now, they’ve laid off 200 more, according to SEC filings. Thistime, the cuts are happening in Korea. EETimes.com has more details from the regulatory filing: The company has now committed to further

Layoffs At GE Solar

General Electric has laid off 85 workers at its solar panel plant inNewark, New Jersey, a workforce cut of about 30 percent.  The plantalso reduced production to a single shift. The layoffs were the resultof the global economic credit crisis, which has made it more difficultfor GE’s customers to get credit for solar projects. In

BRRRR…Applied Materials Experiencing Solar Shrinkage

Applied Materialssaid one of its customers has reduced its contract from about $1.9billion to $250 million in light of the global economic meltdown. Santa Clara, Calif.-based Applied, whichdevelops and makes factory equipment for producing solar panels, didn’tname the customer in its filing with the U.S. Securities and ExchangeCommission on Monday.  Applied said the original contract,announced