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SolarWorld AG keeps up rate of expansion Logistics capacities to be doubled

23.08.2006 Corporate News SolarWorld AG
(Securities Code No.: WKN 510 840)
(International Securities Identification Number: ISIN DE0005108401)

Corporate News communicated by DGAP. The issuer is responsible for the contents of this Corporate News.

SolarWorld AG keeps up rate of expansion Logistics capacities to be doubled


SolarWorld AG (ISIN: DE0005108401) is continuing its group-wide expansion after the take-over of the Shell Group's crystalline solar silicon activities with undiminished vigour. Thus, the topping-out ceremony for the enhanced logistics centre is due to take place on 23 August 2006 at the production site in Freiberg/Saxony. As a result the group will be more than doubling its local logistics capacities. "With the expansion of our 'SolarLogs' we are providing logistics support to the advancing expansion of our production capacities along the entire solar value chain," explains Prof. Dr. Peter Woditsch, spokesman of the board of Deutsche Solar AG. "In this way we guarantee the group companies as well as external customers the usual smooth and rapid supply with SolarWorld products." External customers of the group include for example the German solar cell manufacturer Ersol Solar Energy AG and Sunways AG who recently signed comprehensive ten-year contracts with Deutsche Solar AG for the supply of solar wafers. Breaking ground for silicon production in Rheinfelden In Freiberg the 'SolarLog' handles a large proportion of the international logistics activities of the SolarWorld Group. These include the organization of the logistics flows of solar wafers, solar cells and solar modules from the group’s own production as well as the individual assembly and delivery of complete solar power plants. The most advanced high bin storage technology will be employed for the new building. The total space will grow by 5,500 square metres to 10,500 square metres. The group expects the building work to be completed in October 2006. For the further expansion of the business activities in Freiberg the group has additionally secured the right of first refusal for the purchase of a new plot of land. The area bordering on the existing site offers some 27,000 square metres. In the course of the further expansion the ground breaking ceremony will take place at Rheinfelden (Baden) on 31 August 2006 for the solar silicon production plant of Joint Solar Silicon (JSSI) in which shares are held by both SolarWorld AG and Degussa AG. Journalists are kindly invited to attend the event after registering with us first. SolarWorld Industries America production going up In the meantime the expansion work in the newly acquired production facilities in the USA is proceeding successfully. Since the acquisition of the US locations the capacity utilization of for example solar cell manufacturing at SolarWorld Industries America in Camarillo/California has gone up significantly. For the second half of the year 2006 the group is expecting to double US solar cell production over that of the previous year.

SolarWorld Real Value

SolarWorld manufactures and sells solar power solutions and in doing so contributes to a cleaner energy supply worldwide. As the largest solar producer in the United States and Europe, SolarWorld employs about 3,200 people and carries out production in Hillsboro, Ore., and Freiberg and Arnstadt, Germany. From the raw material silicon to solar wafers, cells and panels, SolarWorld manages all stages of production ‒ including its own research and development. The company maintains high social standards at all locations across the globe and is committed to resource- and energy-efficient production. Headquartered in Bonn, Germany, SolarWorld was founded in 1998 and has been publicly traded on the stock market since 1999. For more information, visit www.solarworld-usa.com.

Media Contact

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