It's not widely known that Honda is a manufacturer of CIGS thin film solar panels
The company's actually been in the solar panel manufacturing business for about four years now, although its capacity remains quite small, and its panels aren't the most efficient. Like many conglomerates, Honda too entered the solar industry during the boom times and is now finding the business a tough one to make work.
Of course, it should be noted that Honda is a marginal palyer in the global solar business. And while the company has no intention of leaving the solar game, it has decided to use its solar panels to power its own dealerships and auto plants.
It is likely that Honda's CIGS panels aren't flying off the shelves. So instead of letting them sit around and collect dust, they've decided to put them to work. Not a bad idea.
Here's a promotional video that Honda put together to show their solar panels in action. . .
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Green Chip Stocks Editor Jeff Siegel, featured guest on CNBC's Green Week