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Camarillo, February 19, 2007. SolarWorld California will present their solar electric Sunkits® at Electric West, February 21 to 23 at the Long Beach Convention Center. Sunkits® were developed in response to the demand for customizable solar energy solutions for the residential market.
“Unique to the industry, the Sunkits® provide the flexibility that has been lacking in the residential market,” says Raju Yenamandra, SolarWorld Sales Manager for North America. “Homeowners will now have the freedom and power to choose the optimal size of a solar electric system to fill their energy needs.” SolarWorld California partners with the wholesaler Rexel to supply electrical contractors in California with the customized solar electric systems. For contractors new to the solar business, SolarWorld will be offering training classes.
SolarWorld California will be a major exhibitor in booth 601. Visitors will learn first-hand about Sunkits® and the value-added advantage the company brings to the market: From raw silicon to complete systems, coupled with the company’s technical expertise and innovation, the SolarWorld Group with its production facilities in the US encompasses the entire solar value chain. In Long Beach, company representatives will also be on hand to discuss the implementation and benefits of the $+3.2 billion California Solar Initiative, an ambitious incentive program with the goal of ensuring that 3,000 megawatts of solar is installed in California by 2017. As the leading California-based solar manufacturer, SolarWorld is uniquely positioned to supply California with the products, services and systems.
SolarWorld Group recently surpassed its own 2006 forecast with group sales of 676 million USD and profits of 170 million USD. In fiscal year 2006 they profitably expanded and internationalized their group-wide business volume both through organic growth along the entire solar value chain and also through the acquisition of the Shell solar activities. In comparison with the previous year group sales rose by 45 per cent which was more than forecast. Without taking into consideration one-off effects like the lucrative Shell solar acquisition the group generated earnings before interest and taxes (EBIT) of 155 million USD.
Pioneer in worldwide climate protection ranking
SolarWorld AG has been selected by the British financial newspaper CNBC European Business to be among the worldwide pioneering companies in climate protection. The magazine has drawn up a ranking list of 50 worldwide pioneering companies who have made climate protection part and parcel of their profitable business model. In this list SolarWorld AG is nominated as a pioneer in the development and production of carbon-free energies.
About SolarWorld AG: The SolarWorld Group is among the top trio of the solar power industry worldwide. The group is dedicated exclusively to the core business of solar energy, combining all stages of the solar value chain, from the raw material silicon to turn-key solar power plants. The company operates production facilities in Germany, Sweden and the USA. In the United States, SolarWorld AG is also the leading producer and provider of solar power technology. In addition, sales offices operate in South Africa and Singapore, completing the international alignment of the group. The responsibilities of these offices include the sale of rural solar power solutions that can make an important contribution to the sustainable economic development of the southern hemisphere.
In Freiberg, Saxony, the group operates one of the world's most advanced integrated solar production facilities where the SolarWorld Group turns solar grade silicon into high quality solar wafers, solar cells and solar modules. SolarWorld AG offers a broad and diverse range of products from modules for grid-coupled and grid-independent power generation all the way to a whole class of complete solar power systems for decentralized and centralized electricity generation. After the IPO at the end of 1999, the company developed within a few years to a fully integrated solar technology group, increasing its workforce to more than 1,350 employees by the beginning of 2007. SolarWorld AG is listed at the stock exchange in the technology index TecDAX, in the Dow Jones STOXX 600 as well as the international MSCI index and the sustainability index NAI.
Visit us at the Electric West, booth #601!
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