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SolarWorld expands its US business / New projects realized with Chevron

SolarWorld AG has been expanding its business with an array of public projects in the USA, the important market of the future. Working with Chevron Energy Solutions, SolarWorld has installed civic projects in California with total output capacity of more than 15 MW. An example of a project recently implemented with Chevron Energy Solutions is a solar power system at Butte Community College in Oroville, California. The Chevron-SolarWorld business has helped SolarWorld expand its market share in California - by far the largest U.S. state solar-energy market.

Additionally, SolarWorld is a partner, along with other Colorado companies, of the U.S. Department of Defense on construction of a 1.2 MW solar power plant at a military installation in Colorado. In this project, more than 5,000 of SolarWorld's new 220/230-watt modules are to be installed. As the modules represent a higher performance class, a larger power yield can be obtained from a smaller area. Like all SolarWorld modules, the new products meet the most stringent quality requirements. The new modules are manufactured at SolarWorld's site in Camarillo, California, from photovoltaic cells made at its site in Hillsboro, Oregon. Virtually all of the raw materials and components are produced in the United States, where SolarWorld is the largest manufacturer of solar power technology, with more than 30 years of production and market experience.

The U.S. market is the world's third largest sales region for solar power technology. "As of the fourth quarter of 2009, the public funding of solar power is expected to come to the fore," Chairman and CEO Frank H. Asbeck said. "With our sites in the USA, we are excellently prepared for the expected positive development in the US market." Until the end of 2010, the U.S. sites will undergo further expansion. "We will then have production capacity of 500 MW each in wafer and cell production," Asbeck said.

In the first half of 2009, SolarWorld supplied its Sunmodules to projects such as a 1 MW roof-mounted solar plant on the Orange County Convention Center in Florida and a 1.2 MW solar power system for the Los Angeles County Metropolitan Transportation Authority in Los Angeles. The two projects are among the biggest not only among U.S. civic facilities of their kind but also within the regions where they were installed.

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