Bosch will end its solar power panel production early next year, and put parts of the business unit up for sale.
Bosch's solar power subsidiary lost about $1.28 billion last year.
After the German government curbed green energy subsidies, profitability hasn't been in reach for Bosch.
Other German solar companies are feeling the pinch as well – major solar companies such as SolarWorld and Conergy are in debt restructuring talks and Q-Cells filed for insolvency last year.
The Obama administration touts the jobs that the wind and solar industry create - but are they stable jobs?