German plants of Meyer Burger solar cells to shut down | dpa international
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https://dpa-international.com/economics/urn:newsml:dpa.com:20090101:250902-99-903252/
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This is so dumb. Our gov completely failed to subsidize solar for decades and now the local firms cant compete. Completely avoidable situation that was predicted before i was even born.
It gets worse. Germany used to be producer of 50% of global solar cells. Around 2011 Germany slashed their subsidies around the same time China threatened tariffs on German car makers. There is reason to believe that Germany sacrificed its leading role in solar production in favor of a few more years of German cars being sold at record rates in China, only now to loose to Chinese producers, as the German car makers failed to keep up on EVs.
"Played like a fiddle"
JFC... if a society was a gullible nerd
If capitalists are in control then there's a single path they will always take. It's predictable to the point of being unbelievable