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SolarWorld Group expands silicon business and technology development/Sunicon AG and SolarWorld Innovations founded

Bonn. In parallel to the expansion of its solar wafer capacities the SolarWorld Group will also consistently enhance the areas of silicon supply and technology development. Both these business activities will in future be managed by wholly owned subsidiaries located in Freiberg/Saxony. Sunicon AG will be responsible for securing raw material supplies to the Group and will manage and further develop the silicon projects of SolarWorld AG. These include Joint Solar Silicon GmbH & Co. KG (JSSI) which will start the industrial-scale generation of solar silicon in the year 2008. The Board of Management of Sunicon AG will consist of Prof. Dr. Peter Woditsch, CEO of the worldwide leader in solar wafer production and SolarWorld AG subsidiary Deutsche Solar AG, and Dr. Armin Müller, so far responsible for Group research at SolarWorld AG. Armin Müller who holds a PhD in Chemistry has been in charge of Deutsche Solar AG since 1996, has headed the Research & Development Division of SolarWorld AG since 2001 and assumed the management of JSSI in 2002. In addition, Dr. Müller is a part-time lecturer at the TU Bergakademie Freiberg since 2004.

SolarWorld Innovations bundles competences

The international Research & Development of the Group will in future be centrally bundled in SolarWorld Innovations GmbH (science2technology). The company will look after the technology development along the entire value chain of the solar industry from crystallization via wafer, cell and module production all the way to complete solar systems. “The focus of our work will be on the further development of all processes and procedures in production with the objective of sustainable efficiency improvements”, says Dr. Ralf Lüdemann, Managing Director of SolarWorld Innovations. “Our strength lies in the production technology experience and the creativity of our employees in all stages of the value chain of our fully integrated solar power group. In future we will bundle these even more effectively and make maximum use of the synergies involved.” Dr. Lüdemann who holds a PhD in Physics and did research work at the Georgia Institute of Technology in Atlanta and at the Fraunhofer Institute for Solar Energy Systems in Freiburg has been working for the SolarWorld Group since 2002. Since 2004 he has been Managing Director of our solar cell subsidiary Deutsche Cell GmbH and since 2005 he has also been a part-time lecturer at the TU Bergakademie Freiberg.

 

About SolarWorld Group: 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 Freiberg in Saxony the group operates one of the world’s most advanced integrated solar production facilities. Among the currently most important sales markets are Germany, the United States and in the rest of Europe especially Spain. 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 fair and sustainable economic development of the southern hemisphere. In the trading business SolarWorld AG offers a broad and diverse range of products from modules for on-grid and off-grid power generation all the way to 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 1,725 employees by the end of the first quarter of 2007. SolarWorld AG is listed at the stock exchange in the technology index TecDAX, in the Eco-DAX, in the Dow Jones STOXX 600 as well as the international MSCI Index and the sustainability indices DAXglobal Alternative Energy and NAI.

Contact:      
SolarWorld AG
Investor Relations / Marketing Communications
Kurt-Schumacher-Str. 12-14
D-53113 Bonn
Germany
Phone: +49-228-55920470
Fax No.: +49-228-559209470
E-mail: placement(at)solarworld.de  

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