Your daily dose of photovoltaic technology developments and solar news

• Most Popular Articles

  • Q-Cells CEO exits amid investor anxiety
  • Moser Baer achieves 7.3% module efficiency through its proprietary process
  • Project Focus: U.S. Navy to award $200M in contracts to build 40MW of solar PV power plants
  • Yingli Green to add 300MW of capacity; tops $1B in annual revenues, achieves record module shipments
  • Solar photovoltaic market grew 6% in 2009, says Solarbuzz

• Popular Technical Papers

  • Photovoltaic Fab Managers’ Forum Review
  • Photovoltaic industry 2009: a journey into uncertainty
  • Overview of automation in the photovoltaic industry
  • Thin-film CIGS starts to come of age
  • CIGS, CdTe thin-film PV equipment sector emerges, standardization remains elusive

• Subscribe to our weekly newsletter

  Name
  Job title
  Company
  Email

Wacker Chemie AG’s first-quarter 2009 financial results may have seen overall sales decline 14% compared to the same quarter a year ago, but polysilicon revenue on a quarterly basis exceeded €300 million for the first time and EBITDA rose by 136%. Polysilicon was the largest contributor to Q1 2009 sales and earnings, Wacker said.

Wacker benefited from the strength of its polysilicon business, especially from customers based in Germany. First-quarter sales in Germany reached €220.8 million, up 3% from the same quarter in 2008.

Polysilion expansion plans would seem to be on target. Wacker spent approximately €100 million in the quarter to boost future capacity at its Burghausen and Nünchritz facilities.