Bosch Finds Solar Business Unprofitable, Exits 477
New submitter rwise2112 writes "German engineering company Bosch said Friday that it is abandoning its solar energy business, because there is no way to make it economically viable.'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.'"
Re:I love working with PV cells (Score:5, Funny)
I have a solar panel just in case all the major cities are wiped out.
That way I'll still have the internet. Right?
Re:Unprofitable (Score:5, Funny)
I hate it when countries make stuff for us for free or below cost. Maybe we should punish them buy sending them some free/discounted stuff. I'm sure that will teach them a lesson they won't soon forget.
Re:Maybe not in Germany/EU (Score:1, Funny)
Go spew your "science" somewhere else.
That has been completely debunked. On Fox News.
http://www.slate.com/blogs/future_tense/2013/02/07/fox_news_expert_on_solar_energy_germany_gets_a_lot_more_sun_than_we_do_video.html [slate.com]
Re:I love working with PV cells (Score:4, Funny)
The problem with that is that you usually need lighting when the sun DOESN'T shine.
Thats what batteries are for.
Yes, yes, I am totally aware that this is a novel concept that has many sceptics and cynics out there, but trust me on this one. Really.
Re:You laugh... (Score:5, Funny)
Blasphemy.
Inventing something implies he did not know it already.
The Omnipotent Lord our Jobs willed the internet into existence when humanity was ready to ascend one step closer to true enlightenment.