SolarWorld revenue drops 26 percent

| Print |  Email
Must Reads
Tuesday, November 12, 2013

SolarWorld revenue fell 26% in the first nine months of the year compared to the same period of 2012, but the company's Hillsboro factory remains a bright spot.

U.S. sales and European exports of finished products, such as modules and solar kits, helped boost SolarWorld’s so-called trade segment by 57 percent during the quarter ended Sept. 30 compared with last year’s third quarter. Shipments of these products in Germany continued falling because of the company’s ongoing financial restructuring, which makes private German customers reluctant to buy.

In its announcement Monday, SolarWorld said it expects that group revenue and shipments of modules and kits will fall in 2013 below last year’s level – a change from the company’s previous forecasts.

Read more at OregonLive.com.

 

More Articles

LEED for weed

News
Wednesday, January 28, 2015
012815-potcarbon-thumbBY LINDA BAKER | OB EDITOR

What is the impact of the legal pot industry on carbon emissions? An NEBC energy forum breakfast makes the case for taking the new industry’s emissions impacts seriously.


Read more...

Finding a Balance

Contributed Blogs
Thursday, January 29, 2015
012915-passinvst-thumbBY JASON NORRIS | OB GUEST BLOGGER

Active vs. passive investing: what you need to know.


Read more...

Corner Office: Timothy Mitchell

January-Powerbook 2015
Saturday, December 13, 2014

A look-in on the life of Norris & Stevens' president, plus an abridged Powerlist for the best commercial real estate firms.


Read more...

Corner Office: Sheree Arntson

January-Powerbook 2015
Saturday, December 13, 2014

Checking in with the managing director of Arnerich Massena.


Read more...

Convention Wisdom

February 2015
Monday, January 26, 2015
BY KIM MOORE

After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.


Read more...

Will Medford Ever Be Cool?

February 2015
Friday, January 23, 2015
BY DAN COOK | PHOTOS BY JASON E. KAPLAN

A real-estate developer and a Lithia Motors executive aim to revamp the city's forlorn downtown.


Read more...

5 schools helping students crack code

The Latest
Thursday, January 29, 2015
codeduthumbnailBY JACOB PALMER | OB DIGITAL NEWS EDITOR

As the costs of college mount, and as employer demand for software developers soars, coding schools and classes are popping up everywhere.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS