Despite massive cuts, OptiSolar’s Sarnia project spared pain
You may have heard that Hayward, Calif.-based OptiSolar announced last week cuts to 290 staff, nearly half its workforce. It’s just the latest round of job shedding in the solar and wind industries over the past few weeks. What I’m surprised to hear is that OptiSolar had more than 600 employees — that’s incredibly fast growth for a company that until a year ago was operating in stealth mode. This seems to be a common theme with these industry cuts: companies that invested in rapid expansion just a few months ago are forced to take an abrupt step backward.
Peter Carrie, who heads up OptiSolar’s Canadian solar development operations, said the 18 or so employees in Canada haven’t been affected by the cuts and the projects planned for Sarnia and Petrolia are still going ahead as planned, though possibly a little slower. OptiSolar has more than 200 megawatts worth of projects on the go in Ontario, each broken up into 10-megawatt chunks according to the rules of the province’s standard offer program. So far about 1 megawatt has been installed using solar PV modules from the company’s Hayward manufacturing facility. Part of the job cuts — 105 — have to do with OptiSolar’s ambitious plans to open a new manufacturing facility in Sacramento that, at full capacity, would have been capable of churning out 2,000 solar panels a day. That facility was to employ about 1,000 people but the company has decided to suspend, for now, the high-volume manufacturing plant.
For background on OptiSolar, check out this previous post.
Tyler Hamilton is editor-in-chief of Corporate Knights magazine and a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.
January 11th, 2009 at 8:06 pm
[...] Despite massive cuts, OptiSolar’s Sarnia project spared pain You may have heard that Hayward, Calif.-based OptiSolar announced last week cuts to 290 staff, nearly half its workforce. It’s just the latest round of job shedding in the solar and wind industries over the past few weeks. What I’m surprised to hear is that OptiSolar had more than 600 employees — that’s incredibly fast growth for a company that until a year ago was operating in stealth mode. This seems to be a common theme with these industry cuts: companies that invested in rapid expansion just a few months ago are forced to take an abrupt step backward. [...]
January 18th, 2009 at 4:36 am
[...] “Despite massive cuts, OptiSolar’s Sarnia project spared pain” by Tyler Hamilton at Clean Break first reported, OptiSolar is moving forward with the Sarnia [...]
January 18th, 2009 at 7:04 pm
[...] “Despite massive cuts, OptiSolar’s Sarnia project spared pain” by Tyler Hamilton at Clean Break first reported, OptiSolar is moving forward with the Sarnia [...]
January 18th, 2009 at 7:07 pm
[...] “Despite massive cuts, OptiSolar’s Sarnia project spared pain” by Tyler Hamilton at Clean Break first reported, OptiSolar is moving forward with the Sarnia [...]
January 20th, 2009 at 6:23 am
[...] “Despite massive cuts, OptiSolar’s Sarnia project spared pain” by Tyler Hamilton at Clean Break first reported, OptiSolar is moving forward with the Sarnia [...]
January 29th, 2009 at 11:55 am
The project in Sarnia is shutdown and the property locked and frozen. Concrete barriers block access to the property. The contract with the local contractors has been cancelled and rumour has it there is a substantial amount of money owing to those parties.
There were two inverters put online in December. I am not sure if they are still switched on due to the lack of personnel on site.
Seems the weather, environmentally and fiscally, has taken another victim.
July 24th, 2009 at 2:26 pm
It’s all gone! every last solar panel. I left town for a month and the field is cleaned off! It was a good investment! Energy has doubled in England in a sort while. Bean counters can not make common sence choices. Where can I get a solar panell on yard sale price