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08/11/2009
SolarWorld AG has been expanding its business with an array of public projects in the USA, the important market of the future. Working with Chevron Energy Solutions, SolarWorld has installed civic projects in California with total output capacity of more than 15 MW. An example of a project recently implemented with Chevron Energy Solutions is a solar power system at Butte Community College in Oroville, California. The Chevron-SolarWorld business has helped SolarWorld expand its market share in California - by far the largest U.S. state solar-energy market.
Additionally, SolarWorld is a partner, along with other Colorado companies, of the U.S. Department of Defense on construction of a 1.2 MW solar power plant at a military installation in Colorado. In this project, more than 5,000 of SolarWorld’s new 220/230-watt modules are to be installed. As the modules represent a higher performance class, a larger power yield can be obtained from a smaller area. Like all SolarWorld modules, the new products meet the most stringent quality requirements. The new modules are manufactured at SolarWorld’s site in Camarillo, California, from photovoltaic cells made at its site in Hillsboro, Oregon. Virtually all of the raw materials and components are produced in the United States, where SolarWorld is the largest manufacturer of solar power technology, with more than 30 years of production and market experience.
The U.S. market is the world’s third largest sales region for solar power technology. “As of the fourth quarter of 2009, the public funding of solar power is expected to come to the fore,” Chairman and CEO Frank H. Asbeck said. “With our sites in the USA, we are excellently prepared for the expected positive development in the US market.” Until the end of 2010, the U.S. sites will undergo further expansion. “We will then have production capacity of 500 MW each in wafer and cell production,” Asbeck said.
In the first half of 2009, SolarWorld supplied its Sunmodules to projects such as a 1 MW roof-mounted solar plant on the Orange County Convention Center in Florida and a 1.2 MW solar power system for the Los Angeles County Metropolitan Transportation Authority in Los Angeles. The two projects are among the biggest not only among U.S. civic facilities of their kind but also within the regions where they were installed.
About SolarWorld AG: The SolarWorld AG group of companies (ISIN: DE0005108401) is a world leader in providing high-quality solar power technology. The company, exclusively dedicated to its core business of photovoltaic technology, is represented at all stages of the solar value chain, combining industrial activities ranging from the raw material of silicon to turn-key solar power plants and recycling. SolarWorld AG is represented in all solar growth markets of the world, with production facilities mainly in Germany and the USA – with the major sites located in Freiberg, Saxony, and in Hillsboro, Oregon. The group headquarters are located in Bonn, Germany. Worldwide sales of the solar modules are secured by SolarWorld sales offices in Germany, Spain, USA, South Africa and Singapore. The central element of the business, in addition to the sale of turn-key solar plants and solar modules, is the distribution of solar silicon wafers within the international solar cell industry. In addition to grid-coupled (on-grid) products, the SolarWorld Group distributes grid-independent (off-grid) solar power solutions. Under the name Solar2World, the group also lives up to its ethical commitment to fair development in threshold and developing countries. In this context, mainly off-grid solar power solutions are funded, creating perfect examples of sustainable economic development. Sustainability is an integral part of the SolarWorld AG corporate strategy. Corporate management is committed to ecologically, economically and socially sustainable growth. SolarWorld AG employs some 2,500 people worldwide. The company is quoted on the stock market, including on listings in the technology index TecDAX, the ÖkoDAX, the Dow Jones STOXX 600, the international MSCI Index as well as the sustainability indices DAXglobal Alternative Energy and NAI.
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