The company’s Silex Solar division will continue to make modules but says it will use “a new strategic partner” – which is not identified but will almost certainly be foreign – for cell supply.
Silex blames the move on lack of political support for the solar industry in the state of New South Wales (NSW), according to Australian media reports.
Group chief executive Michael Goldsworthy says the scrapping of the state’s Solar Bonus incentive scheme had “vaporised” demand locally at a time of huge competition from low-cost imported product.
The
