Bosch is to discontinue its activities in crystalline photovoltaics. Bosch’s manufacture of ingots, wafers, cells, and modules will be ceased at beginning of 2014. As far as possible, individual units are to be sold quickly. All development and marketing activities are likewise to be ended. The module plant in Vénissieux, France, is to be sold. Plans to construct a manufacturing facility in Malaysia will be ended. Bosch plans to sell its shares in aleo solar AG. Bosch Solar CISTech GmbH in Brandenburg, Germany, will be continued – as before – as a development center for thin-film technology. Its future alignment will be decided at a later date.
Failure to achieve competitiveness
Over the past years, Bosch Solar Energy has tried unsuccessfully to achieve a competitive position. Due to global overcapacity, which has since become huge, nearly the entire industry is sustaining heavy losses. Dr. Stefan Hartung, the chairman of the Bosch Solar Energy AG supervisory board and member of the Robert Bosch GmbH management board responsible for the Energy and Building Technology business sector, sums up the situation as follows: “Despite extensive measures to reduce manufacturing cost over the past year, we were unable to offset the drop in prices, which was as much as 40 percent.” As announced in January 2013, the losses of the Solar Energy division came to some one billion euros last year. The division currently employs some 3,000 associates, roughly 850 of them at aleo solar AG and some 150 at CISTech.
Read more....
Failure to achieve competitiveness
Over the past years, Bosch Solar Energy has tried unsuccessfully to achieve a competitive position. Due to global overcapacity, which has since become huge, nearly the entire industry is sustaining heavy losses. Dr. Stefan Hartung, the chairman of the Bosch Solar Energy AG supervisory board and member of the Robert Bosch GmbH management board responsible for the Energy and Building Technology business sector, sums up the situation as follows: “Despite extensive measures to reduce manufacturing cost over the past year, we were unable to offset the drop in prices, which was as much as 40 percent.” As announced in January 2013, the losses of the Solar Energy division came to some one billion euros last year. The division currently employs some 3,000 associates, roughly 850 of them at aleo solar AG and some 150 at CISTech.
Read more....
RSS Feed
