Although full financial figures will not be released until late March, SolarWorld has said that provisional results for 2009 passed the €1 billion level for the first time at approximately €1,010 million. The company noted a high demand for branded modules across its major markets, which include Germany. SolarWorld had posted revenue of €900.3 million in 2008.
However, the company is waiting for greater visibility into the pricing environment for 2010 and possible further FiT changes in the German market before giving guidance on its revenue forecast for 2010.
Despite the current concerns, SolarWorld said it would press ahead with capacity expansion plans and investments in technology to meet expected demand.