One Solar Plant Goes Down, New One Goes UP

Gordo

100 kW
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"Arise made waves three years ago when it opened the doors of a brand-new solar cell manufacturing plant in Bischofswerda, Germany. With financial support from the German government, the operation was to be a key foothold for the Canadian company, giving it access to the lucrative European solar energy market. "
http://www.bnn.ca/News/2011/11/24/Arise-Technologies-to-lose-TSX-listing.aspx

Arise's Sunset.jpeg

"Japanese electronic giant Panasonic to build Malaysian solar cell plant
TOKYO -- Japanese electronics giant Panasonic said Friday it would build a new solar cell factory in Malaysia, as it looks abroad to cut production costs caused by the surging yen.

The company said it would spend 45 billion yen (US$582 million) on the new factory make cells — a key component of solar panels — capable of generating 300 megawatts of power.

The factory, in addition to those owned in Japan, will help Panasonic increase by 50 percent its annual production to 900 megawatts by 2013.

Panasonic has cancelled a plan to convert a plasma-television panel plant in western Japan into one that makes solar panels."
 
That sucks :|
 
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