DGAP-News: SolarWorld delivers milestone projects worldwide


DGAP-News: SolarWorld AG / Key word(s): Miscellaneous
SolarWorld delivers milestone projects worldwide

25.11.2011 / 11:05

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November 25, 2011
Corporate News SolarWorld AG 
(Securities Code No.: WKN 510 840)
(International Securities Identification Number: ISIN DE0005108401)

SolarWorld delivers milestone projects worldwide 
Quality modules provide clean electricity in South Africa, Greece, India
and the US

Before the world climate summit in Durban/South Africa from November 28 to
December 9, 2011, SolarWorld AG in Bonn is drawing attention to the global
importance of solar power with milestone projects in four continents.
Coinciding with the start of the summit in Durban, the largest roof-top
plant in Africa equipped with SolarWorld quality modules will start
generating electricity. In the United States, the largest solar power
system in a private school with an output of 2 megawatts was inaugurated.
In Greece, SolarWorld set the standards for a solar future with two
megawatts projects, while in the Indian federal state of Gujarat,
SolarWorld supplied 10.6 megawatts worth of solar power modules for clean
electricity generation.

'Worldwide, solar power is the key to climate-friendly energy generation.
The cost reductions of the last few years make it possible in the
industrialized countries for power from the sun to compete with
conventional electricity from finite and environmentally damaging energy
sources. In the poorer regions of the world that have so far had no power
grids at all, solar power enables people for the first time to have access
to electricity and thus to information and education,' said SolarWorld
Chairman and CEO Dr.-Ing. E. h. Frank Asbeck.

The project of SolarWorld Africa in Durban is the largest roof-top
installation in Africa. A solar power plant with an output of 600 kWp is
being constructed on the roofs of the Agrizone-Dube-TradePort building. The
power generated will be fed into the company's own grid and will be
sufficient to supply electricity to the entire refrigerated warehouses, the
greenhouses, the packaging plants as well as the offices of the Agrizone
complex. In the first phase, one warehouse was equipped with SolarWorld
modules. Feeding electricity into the grid will begin right on time before
the start of the UN World Climate Summit COP17 in Durban on November 28,
2011. The second phase of the installation will be implemented after the
building has been completed.

In Massachusetts, the largest solar power plant of a private school in the
U.S. will be equipped with SolarWorld modules. A 3.2 hectare free-field
system with an output of 2 megawatts will start operations at Berkshire
School, a private boarding school in Sheffield, before the end of November.
The Berkshire School free-field system consists of 8,332 crystalline
SolarWorld modules 'made in USA'. It is the most recent of three major
SolarWorld projects in Massachusetts which, taken together, total an output
of more than 7 megawatts.

In central Greece, two solar farms were already connected to the grid in
November: In Voiotia in the vicinity of the antique port of Domvrena,
SolarWorld AG supplies modules to the projects 'Trepeza I' and 'Trepeza II'
with a total output capacity of 4 megawatts. In September, another plant
with 2 megawatts worth of polycrystalline SolarWorld modules had been
connected to the grid.

SolarWorld also supplied polycrystalline modules to a 10.6 megawatts
free-field system in the Indian federal state of Gujarat. It is already the
second large project for SolarWorld in India this year where renewable
energies are continuing to gain in importance. Of the 1.2 billion
inhabitants of India, more than 400,000 have no access to the national
power grid.

The SolarWorld quality modules are 'made in Germany' and 'made in USA'
respectively and originate from the group's production sites in Freiberg in
Saxony and in Hillsboro/Oregon.

About SolarWorld AG: The SolarWorld AG Group (ISIN: DE0005108401) is a
worldwide leader in offering brand-name, high quality, crystalline solar
power technology. Its strength is its fully integrated solar production.
From silicon as the raw material through wafers, cells and modules all the
way to turn-key solar systems of all sizes, the group combines all stages
of the solar value chain. The central business activity is selling quality
modules into the installation and distribution trades and crystalline
wafers to the international solar cell industry. Group headquarters are
located in Bonn, Germany. The group's largest production facilities operate
in Freiberg, Germany and Hillsboro in the U.S. State of Oregon.
Sustainability is the basis of the group strategy. Under the name
Solar2World, the group supports care projects using off-grid solar-power
solutions in developing countries, exemplifying sustainable economic
development. Worldwide, SolarWorld employs around 3,300 people. SolarWorld
AG has been quoted on the stock exchange since 1999 and today is listed on,
among others, the TecDAX and ÖkoDAX as well as in the sustainability index
NAI.

Contact:
SolarWorld AG
Martin-Luther-King-Str. 24
53175 Bonn / Germany
Phone: +49 228 55920-400
Email: press@solarworld.de
Internet: www.solarworld.de


End of Corporate News

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Language:    English                                              
Company:     SolarWorld AG                                        
             Martin-Luther-King-Straße 24                         
             53175 Bonn                                           
             Germany                                              
Phone:       +49 (0)228 - 559 20 470                              
Fax:         +49 (0)228 - 559 20 9470                             
E-mail:      placement@solarworld.de                              
Internet:    www.solarworld.de                                    
ISIN:        DE0005108401                                         
WKN:         510840                                               
Listed:      Regulierter Markt in Düsseldorf, Frankfurt (Prime    
             Standard); Freiverkehr in Berlin, Hamburg, München,  
             Stuttgart; Terminbörse EUREX                         
 
 
End of News    DGAP News-Service  
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