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. --------------------------------------------------------------------------- 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 --------------------------------------------------------------------------- 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 ---------------------------------------------------------------------------
DGAP-News: SolarWorld No.1 with Top Ranking in North America Race
| Source: EQS Group AG