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© pinonsky-dreamstime.com Electronics Production | April 26, 2013

T-Solar to lay off 170 employees

Spanish T-solar, a photovoltaic module manufacturer is laying off 170 employees in Galicia, Spain.
The layoffs come as stiff competition from Asia has significantly lowered the demand. Cuts in renewable energy funding in Spain has also been cited in an article from newspaper Cinco Días.

The company has filed for voluntary insolvency.

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September 17 2018 3:35 pm V10.9.3-2