U.S. fracking helped kill off German solar firms -Bosch

Newswire

FRANKFURT, March 31 (Reuters) - Bosch, one of the world's largest auto parts suppliers, blames the U.S. fracking boom in shale gas for hurting demand for energy-efficient green technologies, its chairman told a German newspaper. The Stuttgart-based company recently decided to discontinue its photovoltaic solar energy activities at the cost of roughly 3,000 jobs - due largely, but not entirely, to a glut in capacity built up in China. "Photovoltaic is going ...

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