Bosch has acquired the majority shareholding in the module
manufacturer aleo solar AG.
Bosch is also acquiring a more than 60% interest in Johanna Solar
Technology GmbH, based in Brandenburg an der Havel, Germany, in
which aleo holds a roughly 17% stake.
“With aleo solar and Johanna Solar, we are strengthening our
photovoltaics business by completing our value added chain and
opening up new distribution channels,” said Holger von Hebel,
president of the Bosch Solar Energy division.
Bosch has now secured 68.7%
of aleo solar which manufactures these solar panel modules using
its own mono- and polycrystalline solar cells.
In 2008, the company generated sales of roughly €360m. Its
manufacturing facilities are located in Prenzlau, Germany, and near
Barcelona, Spain.
“We are looking forward to further developing our photovoltaics
business together with aleo,” said Dr. Siegfried Dais, deputy
chairman of the Bosch board of management with responsibility for
the Solar Energy division.
The antitrust authorities have already granted the necessary
approval.
Johanna started developing solar modules based on thin-film CIGS
cells in 2006, going into production at the end of 2008.
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