SolarWorld posts revenue of €382.8 million in the second quarter


With its worldwide manufacturing plants said to be working under full load, SolarWorld has reported module shipments of 237MW in the second quarter, with revenue reaching €382.8 million. Shipments were up 90% compared to the same period a year ago and revenue by 68.6%, SolarWorld reported.

Group-wide shipments increased by 58% to 377MW in the first half of 2010 compared to the same period a year ago. Revenue grew by 50.8% from €403.4 million in the first half of 2009 to €608.4 million in the first half of 2010.

In the first quarter of 2010, SolarWorld had reported shipments of 139MW and revenue of €225.6 million.

Key markets such as Germany, which topped 3GW of installations in the first half of this year, were believed to be a key driver for shipment and revenue growth over the first quarter.

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