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Sunway scales back solar production to ward off losses

RENEWABLE ENERGY FOCUS - German solar manufacturer Sunways Production is to reduce the production and development activities at its plant in Arnstadt, in an effort to bring the business back to breakeven point once more.

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Print December 19, 2012, 12:16 (CET)
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Citing on-going problems in the solar industry – which has fallen victim to plummeting unit prices and European subsidy cuts – the company is also planning to slash the current workforce numbers by 50%. This would leave approximately 60 employees at the plant.

 

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