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SolarWorld California debuts Sunkits at Electric West Expo and Conference

Camarillo, February 19, 2007 - SolarWorld California will present their solar electric Sunkits® at Electric West, February 21 to 23 at the Long Beach Convention Center. Sunkits were developed in response to the demand for customizable solar energy solutions for the residential market.

"Unique to the industry, the Sunkits provide the flexibility that has been lacking in the residential market," says Raju Yenamandra, SolarWorld Sales Manager for North America. "Homeowners will now have the freedom and power to choose the optimal size of a solar electric system to fill their energy needs." SolarWorld California partners with the wholesaler Rexel to supply electrical contractors in California with the customized solar electric systems. For contractors new to the solar business, SolarWorld will be offering training classes.

SolarWorld California will be a major exhibitor in booth 601. Visitors will learn first-hand about Sunkits and the value-added advantage the company brings to the market: From raw silicon to complete systems, coupled with the company's technical expertise and innovation, the SolarWorld Group with its production facilities in the US encompasses the entire solar value chain. In Long Beach, company representatives will also be on hand to discuss the implementation and benefits of the $+3.2 billion California Solar Initiative, an ambitious incentive program with the goal of ensuring that 3,000 megawatts of solar is installed in California by 2017. As the leading California-based solar manufacturer, SolarWorld is uniquely positioned to supply California with the products, services and systems.

SolarWorld Group recently surpassed its own 2006 forecast with group sales of 676 million USD and profits of 170 million USD. In fiscal year 2006 they profitably expanded and internationalized their group-wide business volume both through organic growth along the entire solar value chain and also through the acquisition of the Shell solar activities. In comparison with the previous year group sales rose by 45 percent which was more than forecast. Without taking into consideration one-off effects like the lucrative Shell solar acquisition the group generated earnings before interest and taxes (EBIT) of 155 million USD.

Pioneer in worldwide climate protection ranking

SolarWorld AG has been selected by the British financial newspaper CNBC European Business to be among the worldwide pioneering companies in climate protection. The magazine has drawn up a ranking list of 50 worldwide pioneering companies who have made climate protection part and parcel of their profitable business model. In this list SolarWorld AG is nominated as a pioneer in the development and production of carbon-free energies.

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. Through an international distribution network with locations in the United States, Europe, Singapore and South Africa, SolarWorld supplies customers all over the world. 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 publically 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