Sep 2, 2011 - German photovoltaic (PV) group Solarworld (ETR:SWV) announced today it had implemented measures to expand and modernise its production capacities along the entire value chain at its locations in the USA and Germany.
In a bid to boost its competitiveness, Solarworld has taken older parts of its production facilities out of service, the company said.
From now on, the solar group is streamlining its US production activities on its location at Hillsboro, Oregon, where it is already operating two solar power module production lines. Solarworld's module production activities at Camarillo, California, will be discontinued and pooled at Hillsboro.
The move is expected to result in synergy potential and production costs reduction. However, the company will hold on to its sales and distribution unit at Camarillo and plans to further strengthen its operations.
In Germany, on the other hand, Solarworld will terminate older parts of the production facilities at its Freiberg/Saxony location, since the facility's annual capacity was raised to 1 GW thanks to the commissioning of a new production facility for solar wafers. The move is expected to reduce costs and to boost productivity at the German site, the company said.
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