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

Storyteller in Chief: Power Player

September 2015
Wednesday, August 19, 2015
BY LINDA WESTON

In 1996, after a 17-year career in the destination marketing industry, where I gained national standing as the CEO of the Convention & Visitors Association of Lane County, I was recruited by the founders of a new professional basketball league for women. The American Basketball League (ABL) hoped to leverage the success of the 1996 USA women’s national team at the Atlanta Olympics — much like USA Soccer is now leveraging the U.S. Women’s National Team’s victory in the World Cup. The ABL wanted a team in Portland, and they wanted me to be its general manager.


Read more...

Brain Storm

July/August 2015
Monday, July 13, 2015
BY CAMILLE GRIGSBY-ROCCA

Can the brave new world of neurotechnology help an OHSU surgeon find a cure for obesity?


Read more...

Reader Input: Energy Overload

June 2015
Wednesday, July 15, 2015

We asked readers to weigh in on the fossil fuel-green energy equation.


Read more...

Farm in a Box

July/August 2015
Friday, July 10, 2015
BY JACOB PALMER

Most of the food Americans consume is trucked in from hundreds of miles away. Eric Wilson, co-founder and CEO of Gro-volution, wants to change that. So this past spring, the Air Force veteran and former greenhouse manager started work on an alternative farming system he claims is more efficient than conventional agriculture, and also shortens the distance between the consumer and the farm.


Read more...

Light Reading

September 2015
Thursday, August 20, 2015
BY JACOB PALMER

Ask any college student: Textbook prices have skyrocketed out of control. Online education startup Lumen Learning aims to bring them down to earth.


Read more...

Flattery with Numbers

July/August 2015
Friday, July 10, 2015
BY JOE CORTRIGHT

The false promise of economic impact statements.


Read more...

Car be gone

Linda Baker
Thursday, August 06, 2015
070615car2goblogthumbBY LINDA BAKER

Car and ride sharing services have taken urban areas by storm. Low-income and suburban communities are left at the curb.


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