SolarWorld AG / Miscellaneous 01.09.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- By conferring the SolarWorld Einstein Award SolarWorld AG again pays tribute in 2008 to trail-blazing achievements around the development of solar power technology. The solar technology group bestows this solar award carrying the highest prize money in the photovoltaic industry upon people who have acquired special merits in the development of photovoltaic technology. The award ceremony will take place on 1 September 2008 on the occasion of the 23rd European Photovoltaic Conference in Valencia. 'Commitment, independent thinking and innovative strength are crucial qualities needed to advance photovoltaic technology and thus climate-friendly power generation worldwide', says Dipl.-Ing. Frank H. Asbeck, Chairman and CEO of SolarWorld AG. 'With the SolarWorld Einstein Award we want to alert people to this fact'. The SolarWorld Senior Einstein Award for outstanding lifetime achievements is being presented for the fourth time; the SolarWorld Junior Einstein Award for young generation scientists for the third time. SolarWorld Senior Einstein Award goes to Professor Luque Lopez of Madrid University Professor Antonio Luque Lopez of the Institute for Solar Energy at Madrid University is the winner of the SolarWorld Senior Einstein Award 2008. The 67-year-old Spaniard is among the leading international pioneers in photovoltaic technology and has rendered great services to the development of new concepts for solar cells. Thus, Antonio Luque Lopez started developing the double-sided solar cell in 1976 that can, for example, convert light reflected from the ground into electrical energy. The scientist who is currently among other things coordinating a Europe-wide research project for new solar cell concepts has received numerous awards including the Becquerel Prize awarded by the European Union. In addition, he is a member of the Academia de la Ingeniería de España and has seats on many scientific advisory boards of research institutes, scientific journals and organizations. As Head of the Institute for Solar Energy at Madrid University Antonio Luque Lopez has also made a major contribution since 1979 to the development of young generation scientists. SolarWorld Junior Einstein Award Winner: Bram Hoex of Eindhoven University One such young generation scientist is the Dutchman Bram Hoex, the recipient of this years SolarWorld Junior Einstein Award. In his doctoral thesis the physicist who started his academic career at the Technical University of Eindhoven investigates alternative coating technologies for the production of silicon-based solar cells. By using aluminum oxide instead of silicon nitride for the passivation of the surface it was possible to reduce the electrical losses which could then be translated into an improvement of the overall efficiency of the solar cell to 23.2 per cent in cooperation with some research institutes. It is true that the positive properties of aluminum oxide have been known for a long time, but Bram Hoex was the first to succeed in creating such layers and in putting this idea into industrial practice. It is another step towards making solar power more competitive. The jurors considered this to be worthy of an award. About SolarWorld AG: The SolarWorld AG group of companies (ISIN: DE0005108401) is a world leader in providing high quality solar power technology. The company is represented at all the stages of the solar value chain combining as it does all industrial activities from the raw material silicon to turn-key solar power plants. SolarWorld AG is represented in all the solar growth markets of the world. The group which is exclusively active in its core business of photovoltaic technology operates production facilities in Germany and in the USA. These supply the sales offices of SolarWorld AG in Germany, Spain, the USA, South Africa and Singapore. In South Korea SolarWorld AG is currently in the process of building up a solar module production in order to be able to service the growing demand from Asia on the spot in the future. The central element of the business in addition to the distribution of turn-key solar power plants and solar modules to the trade is the sale of solar silicon wafers to the international solar industry. Next to grid-coupled (On-Grid) products the SolarWorld Group also distributes grid-independent (Off-Grid) solar power solutions that make an important contribution to the economic development of threshold and developing countries. Under the umbrella of Solar2World the group has pooled its ethical commitment to solar technology especially in the developing countries. SolarWorld AG employs some 2,000 people worldwide. The company is listed at the stock exchange 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.: 0228/55920-470; Fax-No.: 0228/55920-9470, E-Mail: placement@solarworld.de Internet: www.solarworld.de DGAP 01.09.2008 --------------------------------------------------------------------------- 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 AG Confers SolarWorld Einstein Award for Outstanding Achievements in Photovoltaic Technology
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