Bosch says in advanced talks to sell French PV module plant

Facebook
Twitter
LinkedIn
Reddit
Email

Updated. Bosch has said that its PV module assembly plant in Vénissieux, France is near being sold as talks with an unidentified potential investor were described as having reached “an advanced stage”.

Bosch is in the final phases of exiting the solar industry after massive losses of €1.3 billion alone in 2013 were attributed to its solar operations. The company also noted that the sale of its Solar Energy’s cell and module production in Arnstadt to SolarWorld has officially been completed and gained all regulatory approvals.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Bosch noted that 1,000 jobs had been secured from the manufacturing complex with 800 positions transferred to SolarWorld. The company noted that the Arnstadt complex had employed 1,400 people.

“We have achieved our goal of selling parts of the operation and relocating an alternative Bosch business, and in this way of offering jobs to as many associates as possible,” said Dr. Volkmar Denner, chairman of Robert Bosch GmbH. “In this way, we can offer a perspective for the large majority of associates instead of closing the site. We have invested a lot of time and considerable sums of money in making this possible.”

Bosch took the unusual step of providing SolarWorld with a €130 million payment to acquire the majority of its PV operations.

The company also said the negotiations concerning the sale of its French assembly plant were along the same solution as the Arnstadt agreement with SolarWorld.

Update

According to SolarWorld, the Bosch acquisition makes the company the largest (700MW) solar cell producer in Europe.

The company noted that its PERC cell technology would be migrated to the Arnstadt facility, without giving any timeframes.

SolarWorld also noted that it would start production new high-efficiency PV modules in the 300W plus range, increasing power generation by around 20% from existing production modules, though the company did not say when this would occur. 
 

Read Next

May 21, 2025
There is potential for cPPAs to deliver the energy transition, according to speakers at the Renewables Procurement and Revenue Summit.
May 21, 2025
US PV module manufacturer Silfab Solar has acquired a patent portfolio for back-contact (BC) solar cells from solar research firm EnPV.
May 21, 2025
The US International Trade Commission has voted unanimously to impose AD/CVD tariffs on solar cells from Southeast Asia.
May 21, 2025
Installation of the anchoring system for what has been badged the world’s first floating offshore solar-wind project has been completed.
May 21, 2025
The Chilean subsidiary of French utility Engie has started construction on a 151MW solar-plus-storage project in the Metropolitan Region of Chile.
May 21, 2025
A key Chinese supplier to US tracker manufacturer Nextracker is to list on the Beijing Stock Exchange.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 8, 2025
Asia
Solar Media Events
September 16, 2025
Athens, Greece