SolarWorld AG / Miscellaneous
23.07.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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CEO Frank Asbeck: 'Solar Alternative for Tomorrows Mobility'
The SolarWorld No.1 racer crossed the finishing line as the third of a
total of 24 teams in the North American Solar Challenge, the major event in
the solar motor racing calendar in North America, on Tuesday. The solar
racing car sponsored by SolarWorld AG and developed by the University of
Bochum has thus been able to improve on the excellent result (fourth place)
of the last big race in Australia. The solar racing cars covered the
roughly 4,000 kilometers across the North American continent from
Dallas/Texas to Calgary/Canada in just over eight days. On the way they
were exclusively propelled by the power of the sun.
'The great success of solar motor racing shows that solar power technology
will also become a genuine alternative in the area of mobility', says
Dipl.-Ing. Frank H. Asbeck, Chairman and CEO of SolarWorld AG, on the
occasion of the successful race finish of the SolarWorld No.1. 'The world
demands alternatives not only in power generation but also in mobility.
In view of skyrocketing oil prices we must meet this challenge by launching
a solar-driven electrical car suitable for everyday driving.'
Photographs of the North American Solar Challenge are available on our
Internet page at www.solarworldno1.de.
About SolarWorld AG: The SolarWorld AG group of companies (ISIN:
DE0005108401) is a world leader in high quality solar power technology. The
company is involved at all levels of the solar value chain and combines all
activities of the industry from silicon as the raw material to turn-key
solar power system. SolarWorld AG is represented in all international solar
growth markets. The group is exclusively dedicated to its core business of
photovoltaic power generation, operating production facilities in Germany
and the USA. They in turn supply the SolarWorld AG sales offices in
Germany, Spain, USA, South Africa and Singapore. In South Korea SolarWorld
AG is currently building up a solar module production facility in order to
be able to serve the growing demand in Asia on the spot in the future. A
central element of the business in addition to the sale of turn-key solar
systems and solar modules to retailers is the distribution of solar silicon
wafers to the international solar cell industry. Apart from grid-coupled
(on-grid) products the SolarWorld Group also sells off-grid solar power
solutions that make an important contribution to the sustainable economic
development of threshold and developing countries. Under the roof
Solar2World the group has pooled its ethical commitment to solar power
especially in developing countries.
SolarWorld AG employs about 2,000 people worldwide. At the stock market the
company is listed among others in the technology index TecDAX, in the
ÖkoDAX, in the Dow Jones STOXX 600, in the international MSCI index as well
as in the sustainability indices DAXglobal Alternative Energy and NAI.
Contact:
SolarWorld AG Investor Relations / Marketing Communications,
Tel.-No.: +49 228 55920 -470; Fax-No.: +49 228 55920-9470,
E-mail: placement@solarworld.de
Internet: www.solarworld.de
DGAP 23.07.2008
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Language: English
Issuer: SolarWorld AG
Kurt-Schumacher-Straße 12-14
53113 Bonn
Deutschland
Phone: +49 (0)228 - 559 20 470
Fax: +49 (0)228 - 559 20 99
E-mail: placement@solarworld.de
Internet: www.solarworld.de
ISIN: DE0005108401
WKN: 510840
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, München, Hamburg, Stuttgart;
Terminbörse EUREX
End of News DGAP News-Service
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DGAP-News: SolarWorld No.1 with Top Ranking in North America Race
| Source: EQS Group AG