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Centrotherm Solar Equipment Orders Triple on Chinese Demand

Centrotherm Photovoltaics AG, the German maker of solar-panel production lines, said first-quarter profit jumped 85 percent and orders almost tripled as Chinese manufacturers raced to build factories.

Net income rose to 12.2 million euros ($17.5 million) while orders totaled 224.3 million euros, up from 78 million euros a year earlier, the Blaubeuren-based company said today in a filing. The stock rose as much as 4.5 percent in Germany.