Published on February 18th, 2016 | by James Ayre10
Panasonic Suspending Operations At One Of Its Solar PV Cell Plants Thanks To Slowing Demand
February 18th, 2016 by James Ayre
Operations at one of Panasonic Corporation’s solar photovoltaic cell production facilities will be suspended for roughly half of 2016 owing to slowing demand, according to recent reports.
The production suspension at the solar cell plant will reportedly last from the end of February until the end of October, according to company reps quoted by the Japanese news agency Kyodo.
The facility in question — the Nishikinohama photovoltaic (PV) cell factory in Kaizuka, in Osaka Prefecture — produces solar cells that are used to create residential solar PV panels. As demand for residential solar PV systems has been falling in Japan as of late, partly owing to diminishing feed-in-tariff (FiT) rates, the decision by Panasonic isn’t unexpected.
The company will reportedly be temporarily dismissing the workers at the facility in question. Panasonic’s two solar PV cell fabrication facilities in western Japan will reportedly remain operational as is, as will the company’s facility in Malaysia.
The Nishikinohama facility currently accounts for roughly 30% of the combined annual capacity of 900,000 kilowatts (kW) of solar PV cells produced at the company’s 4 facilities mentioned above.
For more information on the solar energy industry in Japan, see:
- Solar PV Declines In Germany & Japan Won’t Affect 2015 Growth
- Solar Frontier & Goldman Sachs-Affiliate Japan Renewable Energy Developing 300 MW Of Solar PV Projects
- PV Solar & Batteries Could Hit Grid Parity In Japan By 2018
- Net Metering Progress In Japan, California, & Hawaii — Net Metering History & Logic Part 2
- SunPower Offering X-Series Solar Panels In Japan Starting In 2016
- Japan Nuclear Restart Propels Energy-Poor Nation Along Rocky Road
- 32 Japanese Supermarkets To Get Rooftop Solar Power Systems