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SolarWorld saw strong 2010

SolarWorld saw strong growth in 2010 with a 50% increase in profits to €89 million.

By Renewable Energy Focus staff

Revenues rose 29% to €1305m as the shipment of solar wafers and modules reached 819 MW, up 42%.

The EBIT stood at €193m, up 26% over 2009.

SolarWorld is also a step closer to taking over Solarparc AG now holding a 90% stake. An additional acceptance period has been issued for the remaining shares until 17 February.

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