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SolarWorld reports loss

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Monday, August 13, 2012

SolarWorld reported a quarterly loss and forecast negative earnings for the year.

Germany’s largest solar-panel maker, which wants Europe to investigate Chinese export tactics, blamed “an aggressive market situation characterized by illegal trade practices.”

The Bonn-based company reported a net loss of 161 million euros, or $198 million, last quarter. Sales dropped 36 percent in the first half from a year earlier.

Read more at OregonLive.com.

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