1、The German engineering group Siemens has announced it is pulling out from its loss-making solar energy business.Siemens says the companys expectations for its solar energy activities have not been met, and it is already talking to potential buyers.The company claims the global demand for solar energ
2、y has dipped by three quarters so far.Siemens is expected to provide further details when it publishes its full-year results early next month.Aside from Siemens, it is also no secret that most Chinese solar panel makers are faced with difficulties.Other companies have jumped at the opportunity to buy assets at low prices, like South Koreas Hanwha.For more on the solar industry, I had spoke earlier with Lin Boqiang, Director of China Center for Energy Economics Research at Xiamen University.
