JX Energy Unit to End Solar Silicon Wafer Output as Demand Drops

JX Nippon Oil & Energy Corp. said it will end production of silicon wafers at a unit in December amid sagging demand for solar products.

The company will continue sales of solar power generation systems for homes and power stations, Tokyo-based JX Nippon said today in a statement.

Silicon wafers are used to convert the sun’s energy into electricity.

To contact the reporter on this story: Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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