The company will lay off about 550 employees.
SpokespersonChieko Gyobu told Recharge: “Panasonic is trying to improve profitability.Demand is fluctuating, and it’s easier to produce panels in Malaysia and Japan.”
The company will continue to maintain a capacity of 900MW of modulesper year, Gyobu added, noting that the plant closure would not lead to anoverall reduction.
The move was part ofongoing efforts to consolidate production in Asia since the launch of a 300MWwafer, cell and module plant in the Malaysian state of Kedah last December.
Panasonic
