Tag Archives: Bosch-Rexroth

As Investments Turn Sour, Wind Energy Sector in Germany Begins to Crumble in Wake of Solar Industry Collapse

By P Gosselin on 4. Februar 2014

German alarmist site klimaretter.de here reports on the latest negative developments now hitting Germany’s wind power industry. The latest to be hit is wind-turbine transmission manufacturer Bosch Rexroth AG, which announced it will slash 210 jobs and give up a production plant in Nuremberg.

Wind turbine burning

Image cropped from: www.youtube.com/kGXoE3RFZ8

Klimaretter writes that the reason behind the move is “the changing wind market“, which according to Bosch-Rexroth spokesperson has seen immense fluctuations.

Because 2013 saw 10 gigawatts less wind energy power installed than a year earlier, ‘capacities have to be scaled back’.”

The layoffs come on the heels of Bavaria’s move to restrict the installation of wind parks in its idyllic countryside. However, the company claims that Bavaria’s policy had no impact on the decision.

Bosch Rexroth is just the latest in a series of setbacks the wind energy industry has seen over the last months. Germany’s solar industry has already collapsed and wind energy is just the latest victim in Germany’s rollback of renewable energies. Spiegel here writes that Germany’s solar industry has shedded half its jobs in the last two years alone!

– See more at: http://notrickszone.com/2014/02/04/as-investments-turn-sour-wind-energy-sector-in-german-begins-to-crumble-in-wake-of-solar-industry-collapse/#sthash.cjhhcC2W.dpuf