Sydney Olympic Park. BP Solar to close down

BP Solar, at Sydney Olympic Park will cease production of solar photovoltaic (PV) power, in March 2009, because the company is seeking to focus its operations at large scale plants in lowest cost manufacturing countries, in order to drive down the cost of solar power for consumers. Approximately 200 jobs will be lost. BP supplies about 30 per cent to 40 per cent of Australia's PV market. The Australian sales and marketing teams will remain.