Bonn-based SolarWorld shipped 819MW of modules and wafers in 2010, compared to 578MW in 2009, according to preliminary figures.

The firm’s revenues rose 29% year on year to €1.31bn ($1.78bn), while its operating profit grew 26% to €193m.

Chief executive Frank Asbeck, often referred to as the “Sun King” in the German press due to his outspoken support for Germany’s domestic solar industry, proposed a dividend of €0.19