Schott Solar, a division of privately owned German glass giant Schott, says it will close its multicrystalline wafer plant in Jena, in the German state of Thuringia, with 290 workers to be impacted.

It will continue to produce monocrystalline wafers and thin-film modules in Jena, where it also opening a new solar research centre.

“Developments in the global solar market have made restructuring necessary,” Schott says, adding that with the latest round of redundancies brings an end to its restructuring programme.

“Overcapacities