je.st
news
Panel price crash forces Bosch to exit solar sector
2013-03-25 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Bosch is to cease its solar operations at the end of the year after the division recorded losses of around EUR1bn in 2012. In a statement released late last week the company said it had "tried unsuccessfully to achieve a competitive position", after being badly affected by the almost 40 per cent fall in solar module prices in the past year. "We have considered the latest technological advances, cost-reduction potential, and strategic alignment. And there have also been talks with potential...
Tags: price
panel
sector
forces
Category:Electronics and Electrical