Bosch Exits Solar Business, Blaming Drop In Solar Panel Prices
Germany-based Bosch plans to discontinue its activities in crystalline photovoltaics, ending its manufacture of ingots, wafers, cells and modules in the beginning of 2014. All development and marketing activities will likewise be wound down, and the module plant in France, will be sold. Plans to construct a manufacturing facility in Malaysia have been canceled. Bosch also plans to sell its shares in aleo solar AG. Meanwhile, Bosch Solar in Germany will continue operations as a development center for thin-film technology. Over the past years, Bosch Solar Energy has tried unsuccessfully to achieve a competitive position. Due to global overcapacity, nearly the entire industry is sustaining heavy losses, the company says. Bosch's solar division employed approximately 3,000 people, including 850 at aleo solar AG and 150 at CISTech. The company has made a series of management changes in conjunction with the crystalline PV shutdown.
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Bosch Recalls Solar Panels Due To Fire Hazard
On April 13, 2017, the U.S. Consumer Product Safety Commission issued Recall number 17-131 for Roof-mounted Bosch solar panels that can overheat, posing a risk of fire. This recall involves 28,000 Roof-Mounted Bosch Photovoltaic Solar Modules with model number c-Si M 60 NA30119. Bosch solar modules are photovoltaic solar panels used to generate electricity. Each module measures approximately 65 inches by 39 inches by 1.65 inches, and weighs just less than 42 pounds. The solar cells are housed in a glass-foil laminate framed by an anodized aluminum profile. The output power of the panel is 245 watt peak. Consumers should contact their installer to determine if their solar panels are the model being recalled. If it is, customers should contact Bosch to arrange for free replacement. Sold by commercial installers nationwide from October 2011 through May 2013 for about $300 per panel. Distributor was Bosch Solar Energy Corporation, San Mateo, Calif. The panels were made in S. Korea. Contact Bosch customer service hotline at 1-855-866-8470 (Monday to Friday, 7 a.m. to 7 p.m. Central Time). This recall was conducted, voluntarily by the company, under the CPSC Fast Track Recall process. Fast Track recalls are initiated by firms, who commit to work with CPSC to quickly announce the recall and remedy to protect consumers.