SolarWorld AG / Miscellaneous
27.08.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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The one hundred millionth solar cell from Deutsche Cell GmbH, the cell
manufacturing division of SolarWorld AG, was today handed over to the sales
and distribution people. The total number of solar cells manufactured since
the start of production in the year 2002 is equivalent to the size of 270
football pitches or the area covered by the Duchy of Monaco. With the power
generated by the solar cells produced in Freiberg in Saxony some 1.6
million tons of CO2 have so far been saved; over their entire service life
it will be more than 40 million tons of greenhouse gases. 'Our objective is
to use our highly efficient solar technology to replace the old energy
sources step by step and to protect the climate in this way', says Frank H.
Asbeck, Chairman and CEO of SolarWorld AG.
Since 2002 the production capacity at Freiberg has been consistently
expanded. Next year the necessary prerequisites will be created to produce
200 MW and thus more than 50 million highly efficient solar cells every
year. Deutsche Cell GmbH is one of five subsidiaries of SolarWorld with
production activities at Freiberg. More than 1,000 people are employed here
at all stages of the solar value chain from wafer production via cell and
module manufacture to silicon recycling.
Deutsche Cell itself employs more than 200 people in Freiberg. Under clean
room conditions the solar cells are produced here on modern process
equipment with the highest possible degree of automation and with strict
quality control checks at every stage of production. As of next year only
poly-crystalline solar cells will be manufactured at Freiberg with
mono-crystalline production being concentrated within the group at the US
site in Hillsboro where SolarWorld is currently building the largest solar
production facility in the USA.
A foto is available on our homepage at http://www.solarworld.de/press.
About SolarWorld AG: The SolarWorld AG group of companies (ISIN:
DE0005108401) is a world leader in high quality solar power technology. The
company is involved at all levels of the solar value chain and combines all
activities of the industry from silicon as the raw material to turn-key
solar power system. SolarWorld AG is represented in all international solar
growth markets. The group is exclusively dedicated to its core business of
photovoltaic power generation, operating production facilities in Germany
and the USA. They in turn supply the SolarWorld AG sales offices in
Germany, Spain, USA, South Africa and Singapore. In South Korea SolarWorld
AG is currently building up a solar module production facility in order to
be able to serve the growing demand in Asia on the spot in the future. A
central element of the business in addition to the sale of turn-key solar
systems and solar modules to retailers is the distribution of solar silicon
wafers to the international solar cell industry. Apart from grid-coupled
(on-grid) products the SolarWorld Group also sells off-grid solar power
solutions that make an important contribution to the sustainable economic
development of threshold and developing countries. Under the roof
Solar2World the group has pooled its ethical commitment to solar power
especially in developing countries.
SolarWorld AG employs about 2,000 people worldwide. At the stock market the
company is listed among others in the technology index TecDAX, in the
ÖkoDAX, in the Dow Jones STOXX 600, in the international MSCI index as well
as in the sustainability indices DAXglobal Alternative Energy and
NAI.
Contact:
SolarWorld AG Investor Relations / Marketing Communications
Tel.-No.: +49 228 55920 -470; Fax-No.: +49 228 55920-9470
E-mail: placement@solarworld.de
Internet: www.solarworld.de
DGAP 27.08.2008
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Language: English
Issuer: SolarWorld AG
Kurt-Schumacher-Straße 12-14
53113 Bonn
Deutschland
Phone: +49 (0)228 - 559 20 470
Fax: +49 (0)228 - 559 20 99
E-mail: placement@solarworld.de
Internet: www.solarworld.de
ISIN: DE0005108401
WKN: 510840
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, München, Hamburg, Stuttgart;
Terminbörse EUREX
End of News DGAP News-Service
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DGAP-News: SolarWorld AG: One Hundred Millionth Solar Cell from Freiberg
| Source: EQS Group AG