Seems it is hard to make solar profitable despite govt handouts and support
"We have considered the latest technological advances, cost-reduction potential and strategic alignment, and there have also been talks with potential partners,” Bosch CEO Volkmar Denner said. “However, none of these possibilities resulted in a solution for the solar energy division that would be economically viable over the long term.”
First Siemens , now Bosch
Read more: http://www.smh.com.au/business/carbon-economy/bosch-dumps-solar-business-as-losses-mount-20130325-2gpo4.html
Seems it is hard to make solar profitable despite govt handouts...
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