BP Bows Out Of Solar, But Industry Ou...

BP Bows Out Of Solar, But Industry Outlook Still Sunny

There are 1 comment on the GPB.org story from Mar 7, 2013, titled BP Bows Out Of Solar, But Industry Outlook Still Sunny. In it, GPB.org reports that:

The solar energy business is growing quickly , but future growth will not include oil giant BP.

Join the discussion below, or Read more at GPB.org.

Solarman

La Quinta, CA

#1 Mar 9, 2013
"Colville says BP was one of the early companies in the solar business. Back then, the market was based on a different model one more focused on research and development. He says now the business is all about efficient production and low prices, something more suited to the Asian companies taking a lead role in the solar panel-manufacturing business; so BP's exit from solar doesn't mean the industry overall is in trouble."

So, basically BP can't figure out a new business model to compete with Asian companies? After 35 years, perhaps its a wrote management problem rather than a competition problem. Get bloated, get lazy, get out. Now that's a great mantra in the business world.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Solar Energy Discussions

Title Updated Last By Comments
News Hillary Clinton is promising that all homes wil... 1 hr Great Caesars Ghost 53
News More solar panels are going on rooftops, but mo... Jul 29 Solarman 1
News XsunX Added to Prominent Clean Energy Finance C... Jul 29 solari 3
News Sunseeker Energy Holding AG and Nations Roof Pl... (Sep '09) Jul 28 amed20 85
News Researchers boost solar energy by tapping infra... Jul 28 Solarman 1
News OG&E to offer customers solar energy Jul 27 Solarman 1
News Taiwan promotes its island claim in South China... Jul 27 TW_sugar_daddio 11
More from around the web