Swiss solar panel manufacturer Meyer Burger $MBTN.SW announced on Wednesday that it will implement a reduction in work hours for approximately 300 employees at its German facility starting May 1. This adjustment comes in response to temporary supply chain disruptions affecting the availability of materials essential for the production of high-efficiency solar panels.
South Korean company OCI Holdings Co. has announced plans to invest $265 million in the construction of a solar panel manufacturing facility in Texas. This news comes amid shifting priorities regarding clean energy in the United States following the election of Donald Trump as president. Despite potential economic uncertainties, OCI is moving forward with its project, which is expected to commence operations in 2026.