Shipments including wafers fell more than 30% during the first six months of the year, to 233MW.

The drop – which came at a time when the global PV market was rebounding – was due in large part to “hesitancy” among customers, and particularly in Germany, about the future of SolarWorld, given its ongoing restructuring process.

SolarWorld’s revenues saw an even steeper decline of 40%, dropping to €201m ($264m) from €340m last year.The