Arnstadt, Germany [RenewableEnergyWorld.com] The Bosch Group, through its ersol Solar Energy AG subsidiary, has begun the expansion of its solar production, setting up a new manufacturing facility for crystalline solar cells and modules. The company’s new manufacturing facility could create additional capacity for the manufacture of up to 90 million solar cells per year. Since 2005, ersol has grown by an average of 70 percent per year.
Bosch will invest some €530 million [US $715.7 million] in the facility between now and 2012. Roughly 1,100 new jobs could be created by the project. The new building will house manufacturing facilities for crystalline solar cells and module production.
With this investment, ersol will nearly triple its present manufacturing capacity in the crystalline solar field to a nominal capacity of 630 megawatts. Start of production at the new facility is scheduled for the beginning of 2010.
“This investment is part of our increasing activities in renewable energies. These energies are increasingly gaining in significance, and will be integral to the energy mix of the future. Bosch recognized this at an early stage, and is already a major supplier to the wind-power industry, as well as of solar collectors and heat pumps for heating systems,” said Franz Fehrenbach, chairman of the board of management of Robert Bosch GmbH.