Siemens Will Shut Solar Unit on $1 Billion in Losses Since 2011

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feature-0-1371478872892.jpg Siemens AG will close its solar power unit after struggling to find a buyer following losses of at least 784 million euros ($1 billion) euros since 2011 amid Chief Executive Officer Peter Loescher’s failed push into that business to expand renewable energy offerings.

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  • solarix
    solarix Solar Expert Posts: 713 ✭✭
    Re: Siemens Will Shut Solar Unit on $1 Billion in Losses Since 2011

    another one bites the dust....