SolarWorld Group invests $26 million for new module line in Camarillo
Camarillo, June 25, 2007 - After the acquisition of Shell Solar one year ago, the expansion of the SolarWorld production site in Camarillo is taking shape: In the last few weeks the first machines for the new higher speed solar module line were installed, including automated precision robots. Various suppliers were on-site to perform these installations.
The manufacturing will be transferred from the old machines to the new production plant step-by-step over the coming months. The installation of the new higher performance machines will increase the module production capacity in Camarillo from 35 to 100 megawatts per year. SolarWorld will invest about $26 million in the Camarillo site by the end of this year. The building that previously housed the module assembly line will be used for expanding the warehouse capabilities, which will allow for faster shipping of customer orders.
At the same time, another expansion is taking place in Camarillo: SolarWorld California, the Sales division that services the US market, has grown and moved into a newly reconstructed building.
These two expansions happen at the same time when the roots of the company reach back exactly 30 years: In 1977, the solar company was founded, which today is known as SolarWorld Industries America. On June 28th, SolarWorld employees celebrate these successful years together with their customers, friends and guests from the local business and political communities.
About SolarWorld AG
SolarWorld AG manufactures solar power systems and in doing so contributes to a cleaner energy supply worldwide. The company, located in Bonn, employs approximately 3,000 people and carries out production in Freiberg, Germany, and Hillsboro, USA. From raw material silicon to the solar module, SolarWorld manages all stages of production ‒ including its own research and development. Through an international distribution network, SolarWorld supplies customers all over the world with solar modules and complete systems. The company maintains high social standards at all locations across the globe, and has committed itself to resource- and energy-efficient production. SolarWorld has been publically traded on the stock market since 1999 and is quoted in the technology index TecDax. SolarWorld achieved sales of about one billion Euros for the fiscal year 2011. More information at www.solarworld-usa.com.
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