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dumbcat

(2,160 posts)
4. You're right. I worded that poorly.
Tue Jun 18, 2013, 02:27 PM
Jun 2013

I'm sure Siemens will survive. What I meant was that if a small company (subsidiary) backed by Siemens' massive resources and long term view doesn't survive the shakeout, it has got to be even harder for a small company or a startup without big financial backing to survive.

It seems that the problem was the company was working with CSP and solar thermal. Those two facets of the industry seem to be having a hard time competing with the rapidly dropping price of PV solar. I wonder if this is a temporary situation or a long term trend?

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