Bosch has sent mixed signals about coverage that it may be about to withdraw from the solar industry. The company has distanced itself from the headlines, but equally has not denied them.
The German "Financial Times Deutschland (FTD)" ran the headline "Bosch threatens withdrawal from solar". "The title was a creation of the FTD," Bosch said in a statement. The basis for this header was the speech made by Bosch board head Franz Fehrenbach during the award ceremony for "Strategist of the year".
He apparently claimed that "the continuing unpredictability of conditions as a crucial source of irritation for every strategy." Refering to photovoltaics and the energy revolution, he added that significant investment in solar is necessary, however, "such investments also need investment security" according to a Bosch statement.
The German "Financial Times Deutschland (FTD)" ran the headline "Bosch threatens withdrawal from solar". "The title was a creation of the FTD," Bosch said in a statement. The basis for this header was the speech made by Bosch board head Franz Fehrenbach during the award ceremony for "Strategist of the year".
He apparently claimed that "the continuing unpredictability of conditions as a crucial source of irritation for every strategy." Refering to photovoltaics and the energy revolution, he added that significant investment in solar is necessary, however, "such investments also need investment security" according to a Bosch statement.
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