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Group revenue dropped to €340.1 million due to price dumping
August 16, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
SolarWorld AG’s group-wide shipments of modules and kits grew to 316 megawatts (MW) in the first half of 2012, compared to 269 MW in the first haf of 2011. While the first quarter saw pull-forward effects in the German market, the largest volume of shipments was abroad in the second quarter. Shipments outside Germany accounted for 60% in the first half of 2012, compared to 69.1% during the first half of 2011. Demand in Germany for kits for roof-mounted systems dropped noticeably in the secon...
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