May 11, 2012 – Siliken Canada Corp., a solar module manufacturer, today announced it is closing its manufacturing plant in Windsor, Ont. It was just over a year ago that we announced “Siliken leases building in Windsor, Ont., for PV modules production”.

“It is hard for an industry to survive a drought of six months, without new contracts and with uncertainty about the existing ones. The market for product is too small to sustain so many producers,” said Paco Caudet, general manager of Siliken Canada Corp. “We believe in the Ontario marketplace and the long-term commitment to the Green Energy Act, but must concentrate our efforts on other jurisdictions of North America with more volumes in the short term.”

Siliken says it intends to honour all outstanding obligations, including payments to vendors and employees as required by Canadian laws, and to carry out an orderly wind-up of its operations in Ontario as soon as possible. Current outstanding deliveries of orders to customers will be made, and future product warranty claims will be backed by Siliken S.A., the parent and sole shareholder of Siliken Canada.

The sales and administration service in Toronto is expected to continue until the end of June 2012.