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Citing "sever deterioration in market conditions" Schott Solar AG (Mainz, Germany) has announced that it will close its crystalline silicon solar photovoltaic (PV) manufacturing business in 2012. (...) The company will continue to manufacturing amorphous silicon thin film PV modules in Jena, Germany, as well as components for concentrating solar power (CSP) plants. Schott has more than 54 years of experience in PV manufacturing. The company began producing PV cells for space travel in 1958, and for terrestrial applications in the 1960's. The company began series production of PV modules in Europe in 1978.
A large number of German PV manufacturers have either left the business or declared insolvency since December 2012, including former PV manufacturing market leader Q-Cells SE, Inventux, SOLON SE, Soltecture GmbH and Sovello GmbH.
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