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Panasonic mulls ending mass production of solar wafers - report

Panasonic's Shiga Factory, a module production site. Source: Business Wire.

Sep 13 (Renewables Now) - Japanese electronics maker Panasonic Corp (TYO:6752) is considering ceasing production of silicon wafers for solar panels as early as this fiscal year, the Nikkei Asian Review reports.

As unveiled last week, Panasonic Eco Solutions Solar America LLC plans to close its Salem solar ingots production facility in the US state of Oregon, thus eliminating a total of 92 jobs.

According to the Nikkei article, the group will also stop the mass-production of solar wafers at its factory in Malaysia and will only manufacture the material for research purposes. This will free up resources that will be directed towards cell production, the Nikkei said.

The report pointed out that Panasonic and Tesla Inc (NASDAQ:TSLA) will begin joint production of solar cells in Buffalo, New York next month.

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