Green Energy
Sydney, Australia
In August 2011, SilexSolar announced a major restructure of its PV panel business including a major cost reduction program and the replacement of cells made by Silex with cells from new strategic partner Hareon Solar.
Since then, the Australian PV panel market has continued to deteriorate. Sales volumes have been decimated by the abandonment of reasonable support policies from various governments, and panel prices have plummeted under the strain of a massive oversupply across the global PV market. The high Australian dollar has completed a trifecta of negative market factors for SilexSolar.
As a result of these and other factors, SilexSolar has decided to suspend all manufacturing operations and place the plant in "care and maintenance‟ mode until the future direction of the business can be determined. Most of the manufacturing employees have been made redundant, along with several engineering, technical and administrative staff. These and other measures have dramatically reduced ongoing costs. SilexSolar has sufficient inventory to support sales over the next few months, and will focus on sales in the residential rooftop market as well as opportunities in the commercial medium-scale project market.
Further details about: SilexSolar.com.au
- We Think It’s Time To Take Solar Energy Seriously In Australia
Along its solar energy development journey, Australia has known unlimited hurdles and hold backs due the government’s policies. We can’t deny that the government is trying hard to push the Australian solar energy scene forward, but it still seems...
- European Solar Module Prices Rise For The First Time In Four Years
Article published on www.worldofphotovoltaics.com on April 24th, 2013. Reflecting a major shift in the global solar market after four years of severe erosion, prices for photovoltaic (PV) modules in the key European market are rising due to...
- Three Reasons The Solar Pv Party Is Over
Article published on www.businessspectator.com.au, February, 15th 2013. The Australian solar PV party is over.The remarkable run of rapid growth solar PV has enjoyed since Costello spiked the punch bowl with the $8000 rebate back in 2007 is at an end....
- How Short-term Shipment Delays Could Impact Us Solar Market
Article pubished in http://www.renewableenergyworld.com New Hampshire, USA — Two weeks after a trade ruling deepened the rift in an increasingly divided industry, analysts and CEOs alike are still working to assess how the newly imposed trade tariffs...
- Japanese Solar Market Poised To Surge
Article published on the EQ website : www.eqmaglive.com Last year, the Japanese government announced the creation of a national feed-in tariff (FiT) for solar, joining Germany and China in creating robust public policy to drive deployment of renewable...
Green Energy
SilexSolar Suspends All Manufacturing Operations
Sydney, Australia
In August 2011, SilexSolar announced a major restructure of its PV panel business including a major cost reduction program and the replacement of cells made by Silex with cells from new strategic partner Hareon Solar.
Since then, the Australian PV panel market has continued to deteriorate. Sales volumes have been decimated by the abandonment of reasonable support policies from various governments, and panel prices have plummeted under the strain of a massive oversupply across the global PV market. The high Australian dollar has completed a trifecta of negative market factors for SilexSolar.
As a result of these and other factors, SilexSolar has decided to suspend all manufacturing operations and place the plant in "care and maintenance‟ mode until the future direction of the business can be determined. Most of the manufacturing employees have been made redundant, along with several engineering, technical and administrative staff. These and other measures have dramatically reduced ongoing costs. SilexSolar has sufficient inventory to support sales over the next few months, and will focus on sales in the residential rooftop market as well as opportunities in the commercial medium-scale project market.
Further details about: SilexSolar.com.au
- We Think It’s Time To Take Solar Energy Seriously In Australia
Along its solar energy development journey, Australia has known unlimited hurdles and hold backs due the government’s policies. We can’t deny that the government is trying hard to push the Australian solar energy scene forward, but it still seems...
- European Solar Module Prices Rise For The First Time In Four Years
Article published on www.worldofphotovoltaics.com on April 24th, 2013. Reflecting a major shift in the global solar market after four years of severe erosion, prices for photovoltaic (PV) modules in the key European market are rising due to...
- Three Reasons The Solar Pv Party Is Over
Article published on www.businessspectator.com.au, February, 15th 2013. The Australian solar PV party is over.The remarkable run of rapid growth solar PV has enjoyed since Costello spiked the punch bowl with the $8000 rebate back in 2007 is at an end....
- How Short-term Shipment Delays Could Impact Us Solar Market
Article pubished in http://www.renewableenergyworld.com New Hampshire, USA — Two weeks after a trade ruling deepened the rift in an increasingly divided industry, analysts and CEOs alike are still working to assess how the newly imposed trade tariffs...
- Japanese Solar Market Poised To Surge
Article published on the EQ website : www.eqmaglive.com Last year, the Japanese government announced the creation of a national feed-in tariff (FiT) for solar, joining Germany and China in creating robust public policy to drive deployment of renewable...