Siemens Bails on Solar

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I must admit, I was completely blown away this morning after I read that Siemens (NYSE:SI) would be bailing on solar.   In a statement issued by Siemens, the company said that due to the changed framework conditions, lower growth and strong price pressure in the solar markets, the company’s expectations for its solar energy activities have not been met.     I’ve been saying for more than two years now that the solar...

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