Insolvency for Big Companies Suggest Germany’s Solar Industry is in Peril

July 10, 2013 by  
Filed under Eco, Green

It seems that almost every other month, Germany sets a new solar power record. However, despite the sunny outlook for the current state of power generation, production of solar panels has been showing signs of distress. On Friday of last week, Conergy and Gehrlicher Solar filed for insolvency. Several weeks ago, Siemens stated that they would be closing their solar division after losing nearly $1 billion over the past two years. Bosch has decided to leave the solar market, citing similar losses. Read the rest of Insolvency for Big Companies Suggest Germany’s Solar Industry is in Peril Permalink | Add to del.icio.us | digg Post tags: bosch , china , Conergy , Electricity , gehrlicher solar , germany , implode , insolvency , power , record , renewable energy , siemens , solar , tariff        

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Insolvency for Big Companies Suggest Germany’s Solar Industry is in Peril

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