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SolarWorld Expands Presence and Product Availability

Camarillo/Bonn, August 8 - SolarWorld AG today announced a doubling of cell-level thru-put at its main U.S. production facility in Camarillo, CA, starting in August and continuing through the end of the year.

"We are pleased to announce this expanded and firm availability of product through year's end," said Raju Yenamandra, Sales Manager America of SolarWorld California. The company is a 100-percent-subsidiary of SolarWorld AG, headquartered in Bonn, Germany. "We are committed to satisfying the product needs and requirements of our channel partners where and when it is needed starting now."

Cell-level thru-put for the second half of 2006 is expected to be double that of the first half of the year. This is a significant increase given the industry-wide silicon shortage experienced over the past year and expected to continue well into 2007. Raju Yenamandra: "With our higher PTC ratings, sold under the brand name SunModules®, our products are in demand by customers to ensure maximum rebate payments in states such as California with its buy-down programs."

SolarWorld Industries America owns the two U.S. production facilities formerly run by Shell Solar Industries – a silicon crystals-growing production site in Vancouver, WA, and the integrated production facility of solar silicon wafers, cells and modules in Camarillo, CA. It is the culmination of expansion efforts by SolarWorld started in 2005 with the establishment of a sales office and distribution center in southern California. "In the U.S., we are now the largest producer of solar technology," states Frank Asbeck, Chairman and CEO of SolarWorld AG.

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