Talks with potential investors are “ongoing”, says Aleo, which was informed in March that its largest shareholder, Robert Bosch, will be exiting the crystalline-silicon solar industry altogether.

Aleo must find a new investor by March 2014, when Bosch intends to cut off funding for the loss-making company.

Aleo, one of the last German module makers standing, today confirmed a negative operating margin of 42.9%