Honda Motor to Stop Making, Selling Solar Panels From Next Year
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Honda Motor Co., Japan’s third-largest automaker, will stop manufacturing and selling solar panels from early next year amid falling prices of competing silicon-based products.
The Tokyo-based company will dissolve Honda Soltec Co., a wholly-owned solar unit set up in December 2006, it said in a statement today. Honda makes its panels using copper, indium, gallium and selenium, known as CIGS, compared with rivals that use silicon.