The loss for the Berlin-based firm follows on the heels of an operating profit (Ebit) of €31.5m in the first half of 2008. Revenues tumbled from €410.6m last year to €119.4m – a drop of 71%.
“While demand for solar modules picked up noticeably in the second quarter, the market for solar power station technology continued to suffer from the greatly reduced availability of finance for large-scale projects – a consequence of the financial crisis,” the company says.
Solon
