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Investor Pullout Forces Closure of EU’s Last Solarglass Plant

An investor's withdrawal ended the last rescue option for Tschernitz's solarglass plant.

Overview

  • About 215 workers will be dismissed and released from duties starting 1 December, according to the insolvency administrator and IG BCE.
  • The factory had been in insolvency since the summer after months of short-time work under pressure from high costs and low-priced Chinese imports.
  • The Tschernitz site has been owned by India’s Borosil since 2022, and the parent is now exiting following the failed takeover.
  • IG BCE has called a protest in Tschernitz on Monday to demand stronger protection for Europe’s solar supply chain.
  • Brandenburg authorities say the employment agency will support job placement and the state development body will pursue commercial reuse of the site.