Hanwha Q Cells' production moves to Malaysia, 550 German jobs to go

Hanwha Q CELLS' factory in Malaysia. Source: Hanwha Q CELLS. License: All Rights Reserved.

Jan 21, 2015 (SeeNews) - Photovoltaics (PV) maker Hanwha Q Cells said Wednesday it will move to Malaysia the production equipment it currently has in Germany as part of a “reshaping” programme that will affect 550 employees.

Cell and module manufacturing activities in Germany will cease as of March 1, 2015, but research & development (R&D), quality management and sales functions will be kept. Via the move, Hanwha Q Cells aims to respond to intensifying cost competition in the global PV industry, it said. The goal of the reshaping is to optimise its costs and efficiency and boost the business’ overall competitiveness by focusing on more cost competitive manufacturing sites.

Currently, the company has the capacity to produce 230 MW of PV cells and 130 MW of modules in Germany. The machinery for cell manufacturing will be transferred to its main production site in Cyberjaya, Malaysia. The new site for the modules equipment is to be determined later.

Hanwha Q Cells will begin talks with the works council in Germany as its headcount in the country will be reduced by some 550. Around 350 employees will be kept.

Chief financial officer Kasey Son noted that the decision has been made independently from the recently announced merger with Hanwha SolarOne Co Ltd (NASDAQ:HSOL).

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Browse all articles from Tsvetomira Tsanova

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