No more energy
Source: Agencies |
June 18, 2013, Tuesday
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Print Edition
Print Edition
SIEMENS is shutting down the last of its solar energy businesses after it failed to find a buyer, the company said yesterday. Confirming a report in German newspaper Handelsblatt, a Siemens spokesman said the group would close Solel by early next year. The Israeli business has total losses of around 1 billion euros (US$1.33 billion) since Siemens bought it in 2009.
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