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SolarWorld Americas Inc. maintains full operations amid parent’s insolvency

HILLSBORO, Ore., May 13, 2017 –SolarWorld Americas Inc., based in Hillsboro, Ore., is operating as usual and maintaining full operations as it produces and sells its market-leading solar technology.

Parent company SolarWorld AG and its German subsidiaries are undertaking insolvency proceedings in Germany. However, SolarWorld Americas, the largest U.S. crystalline-silicon solar manufacturer for more than 42 years, is continuing to implement efficiencies and working with external partners to position the company for stabilization and a continued competitive position in the marketplace.

“We deeply appreciate the ongoing support of our loyal customers in the Americas at this tumultuous time for the solar industry,” said Juergen Stein, U.S. president of SolarWorld. “Together, we are striving to maintain our leadership role in the U.S. solar manufacturing industry for years to come.”

About SolarWorld REAL VALUE

SolarWorld Americas Inc., the largest U.S. crystalline-silicon solar manufacturer for more than 42 years, produces and sells high-tech solar power solutions and, in doing so, contributes to a cleaner energy supply throughout the Americas. The company maintains 430 megawatts of annual capacity to produce solar cells and 550 MW of capacity to manufacture solar modules.  The company’s brand stands for a proven track record of quality and reliability, and SolarWorld is the only producer whose industrial lineage has outlived its products’ 25- and 30-year performance guarantees. SolarWorld upholds high social standards and commits itself to resource- and energy-efficient production. With its program Solar2World, the company supports the expansion of solar power in developing countries in Latin America. Connect with SolarWorld on Facebook, Twitter, LinkedIn, Instagram and www.solarworld.com.

Media Contact

Ben Santarris
Head of Corporate Communications
SolarWorld Americas Inc.
4050 NE Evergreen Road
Portland, OR 97124
Mobile: 503-927-9858
Office: 503-693-5189
ben.santarris(at)solarworldusa.com