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 (www.solarworld-usa.com)

SolarWorld (ISIN: DE0005108401) is a worldwide leader in offering brand-name, high-quality, crystalline silicon solar-power technology. The company’s strength is its fully integrated solar production. From silicon as the raw material through wafers, cells and panels all the way to turn-key solar systems of all sizes, the group combines all stages of the solar value chain. The central business activity is selling high-quality panels into the installation and distribution trades and wafers to the international solar cell industry. Group headquarters are located in Bonn, Germany, with sales sites in Singapore, South Africa, Spain, France as well as in the U.S. state of California. The group’s largest production facilities operate in Freiberg, Germany, and Hillsboro in the U.S. state of Oregon. Sustainability is the basis of the group strategy. Under the name Solar2World, the group supports community aid projects using off-grid solar-power solutions in developing countries, exemplifying sustainable economic development. Worldwide, SolarWorld employs about 3,300 people. SolarWorld AG has been quoted on the stock exchange since 1999 and today is listed on, among others, the TecDAX and ÖkoDAX as well as in the sustainability index NAI.

Media Contact:

Devon Cichoski
Media relations manager
SolarWorld Americas
4650 Adohr Lane
Camarillo, CA 93012
Mobile: 805-377-2905
Office: 805-388-6388
devon.cichoski(at)solarworld-usa.com