Reuters: Bosch, one of the world's largest auto parts suppliers, blames the U.S. fracking boom in shale gas for hurting demand for energy-efficient green technologies, its chairman told a German newspaper.
The Stuttgart-based company recently decided to discontinue its photovoltaic solar energy activities at the cost of roughly 3,000 jobs - due largely, but not entirely, to a glut in capacity built up in China.
"Photovoltaic is going through a unique transition. But you cannot entirely dismiss that...