solar panel prices Archives

First Solar Lays Off 2,000 As Demand Wanes

First Solar

Tempe-based First Solar Inc. will lay off 2,000 workers and close its factory in Germany following a collapse in solar panel prices that has erased the industry’s profits and forced some smaller companies into bankruptcy. America’s biggest solar manufacturer said the layoffs amount to 30 percent of its global workforce. It’s an about-face for a… Read More →