Reported 1 day ago
Meyer Burger, the Swiss solar panel manufacturer, has shut down its factory in Goodyear, Arizona, laying off all 282 workers due to financial difficulties. This move poses challenges for the U.S. solar industry’s aim to develop a domestic supply chain and lessen dependency on Chinese imports, especially as Congress considers phasing out clean energy incentives. The company's operations faced stiff competition from cheaper Asian products, leading to earlier cancellations of plans for a second factory in Colorado.
Source: YAHOO