SolarWorld AG 2011 AR2
The report outlines SolarWorld AG's performance during the challenging fiscal year 2011, marked by global oversupply and falling prices in the solar industry. Despite these headwinds, the company successfully increased its foreign sales quota to 68 percent and expanded its international brand awareness. SolarWorld consolidated its production by focusing on its fully integrated facilities in Freiberg, Germany, and Hillsboro, USA, while suspending less efficient lines. The group also completed the acquisition of Solarparc AG to strengthen its project planning and large-scale plant business. Financially, the company recorded a consolidated net loss of 299.3 million Euros, primarily driven by non-cash impairment charges of 315 million Euros on property, plant, and equipment.
Company: SolarWorld AG
Sector: Manufacturing
Country: Germany
Year: 2011
Type: AR2
Pages: 229
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SolarWorld AG
Annual Group Report
The report outlines SolarWorld AG's performance during the challenging fiscal year 2011, marked by global oversupply and falling prices in the solar industry. Despite these headwinds, the company successfully increased its foreign sales quota to 68 percent and expanded its international brand awareness. SolarWorld consolidated its production by focusing on its fully integrated facilities in Freiberg, Germany, and Hillsboro, USA, while suspending less efficient lines. The group also completed the acquisition of Solarparc AG to strengthen its project planning and large-scale plant business. Financially, the company recorded a consolidated net loss of 299.3 million Euros, primarily driven by non-cash impairment charges of 315 million Euros on property, plant, and equipment.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Total Waste
Women in Management
Employees