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SolarWorld profit soars 51% in 2010

SolarWorld AG’s consolidated profits soared 51% in 2010 to €89 million, according to provisional results.

By Renewable Energy Focus staff

EBIT was up 26% to €193m as shipments of solar wafers and solar modules jumped 42% to 819 MW and revenues rose 29% to €1.3 billion compared to 2009.

SolarWorld did not offer further comment on the results.

For live SolarWorld share price, check our Financial Contents pages.

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Photovoltaics (PV)  •  Policy, investment and markets  •  Solar electricity