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Home > News > It’s official: Thin-film PV firm OptiSolar to shut down operations, lay off majority of workers

March 20th, 2009

It’s official: Thin-film PV firm OptiSolar to shut down operations, lay off majority of workers

Abstract:
When I openly wondered about the fate of OptiSolar, post-First Solar pipeline sale, in my most recent blog, little did I know that within 24 hours of posting those words that the company's fate would be announced. The Sacramento Business Journal, in a story published earlier today, reports that the amorphous-silicon thin-film PV module company has had to shut down operations and lay off most of its employees.

The decision was made because OptiSolar "could not obtain funding to keep the operation going," according to company spokesman Alan Bernheimer. Losing their jobs will be 58 workers at the McClellan Park facility in Sacramento and 142 workers at the company's Hayward HQ/panel plant, with a small "transition team" remaining at both locales. The company had laid off some 300 employees in January, because of the cash crunch.

Source:
PV-tech.org

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