Bosch ‘reviewing’ future in solar

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email

Solar manufacturer Bosch Solar Energy is reviewing its future in the solar industry amid heavy losses suffered in 2012.

A spokeswoman for Bosch Solar Energy, confirmed to PV-Tech that the company is in discussions about its continued presence in the solar industry although a decision has yet to be reached, she said. A statement is expected to be released later today.

In January it was reported that Bosch made a loss of US$1.4 billion in its solar division.

At the time, CEO Volkmar Denner told Bloomberg that “no final decision has been made for the strategic realignment”.

At the end of last year, Bosch also announced its decision to leave the Desertec project.

The company’s solar division currently employs 3,200 people.

Read Next

March 2, 2021
With three years of financial and business data available, we can start to analyse a number of possible trends, one of these is the changing landscape surrounding Sunnova's supplier base for PV modules, inverters and energy storage.
March 2, 2021
Spain should limit the size of new solar parks to encourage the deployment of smaller projects located closer to consumers, the country’s National Association of Photovoltaic Energy Producers (ANPIER) has said.
March 2, 2021
Israeli robotic solar panel cleaning business Ecoppia is laying the ground for global expansion and expanding on its data capabilities following its recent initial public offering (IPO).
March 2, 2021
‘Solar Module Super League’ (SMSL) member Trina Solar is to establish a 10GW large-area, high-efficiency PV module assembly plant at the Yancheng Economic and Technological Development Zone, north of Shanghai.
March 2, 2021
Major China-based polysilicon producer Daqo New Energy has signed a three-year high-purity polysilicon supply agreement with Zhonghuan Semiconductor (TZS), totalling 41,000MT.
March 2, 2021
A round-up of solar news from across the United States, including updates from EDF Renewables, utility group Exelon and UK-based investor SDLC.

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
March 9, 2021
Solar Media Events
March 17, 2021
Solar Media Events
April 13, 2021
Solar Media Events
April 20, 2021
Solar Media Events
May 11, 2021