Schott Solar closing down in New Mexico
Schott Solar will close its New Mexico operations, according to a report.
Schott Solar, which employs about 200 at its operation in south-central Albuquerque, reportedly will shut its doors on Friday and close down its New Mexico operations, according to a report by KOAT-TV, Channel 7 this afternoon.
Just three weeks ago, Schott proudly announced its involvement in a successful installation at the Albuquerque International Sunport of more than 1,750 of its solar panels on an airport parking canopy that it projected would save the city of Albuquerque about $30,000 in annual energy costs.
Schott Solar opened a 200,000-square-foot factory in 2009 at the Mesa del Sol master-planned community to make PV (photo voltaic) and concentrating solar power modules and components. The company shut down one of its two concentrating solar production lines in summer 2010 because of depressed demand for those components on the U.S. market.
In an April 20 report by the Business Weekly, Schott Solar PV President and Chief Sales Officer Tom Hecht said the company had readjusted to normal production levels, with about 300 employed at the Albuquerque plant.
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