DGAP-News: SolarWorld AG / Key word(s): Market launch SolarWorld AG introduces five bus bar technology 04.05.2015 / 11:06 --------------------------------------------------------------------- Market introduction midyear - again efficiency record set SolarWorld will further increase the efficiency of its products. After an upgrade of all production to high-efficiency PERC solar cells, the group has announced plans to bring cells and modules with five bus bar technology on the market in the middle of this year. The current market standard is three bus bars (contacts on the front side of solar cells, at which they are connected). The five bus bar technology alone increases the efficiency by up to two percentage points. With this technology, SolarWorld reached a cell efficiency of 21.51 percent recently and thus topped its own world record for industrial PERC cells based on crystalline p-type silicon wafer. "As much power as possible in the smallest space with maximum durability - this is the strategy of SolarWorld. Thus, we reduce the total cost for our customers, increase their electricity yields and make solar power more and more competitive with conventional power generation - all made in Germany and made in the USA," said Dr.-Ing. E. h. Frank Asbeck, CEO of SolarWorld AG. SolarWorld is transferring the record-breaking technology to production. The company plans to launch the first 300 watt module with 60 solar cells on the market in the third quarter. To integrate the five bus bar technology, the existing stringer systems, which connect solar cells to strings of 10 solar cells, will be modified. In addition, printing on the cell front side will be adjusted to five bus bars and finer lines. This process has started at SolarWorld's site in Hillsboro, Oregon. Modifications there shall be completed during the second quarter. SolarWorld REAL VALUE: SolarWorld manufactures and sells high-tech solar power solutions and in doing so contributes to a cleaner energy supply worldwide. The group, headquartered in Bonn, Germany, employs approximately 3,400 people and carries out production in Freiberg, Germany; Arnstadt, Germany; and Hillsboro, USA. From raw material silicon to solar wafers, cells and modules, SolarWorld manages all stages of production â including its own research and development. Through an international distribution network with locations in Europe, USA, Singapore and South Africa, SolarWorld supplies customers all over the world. The company maintains high social standards at all locations across the globe, and has committed itself to resource- and energy-efficient production. SolarWorld was founded in 1998 and has been publically traded on the stock market since 1999. More information at www.solarworld.de/en. Contact: SolarWorld AG Martin-Luther-King-Str. 24 53175 Bonn +49 (0) 228 55920 409 press@solarworld.de www.solarworld.de --------------------------------------------------------------------- 04.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: SolarWorld AG Martin-Luther-King-StraÃe 24 53175 Bonn Germany Phone: +49 (0)228 - 559 20 470 Fax: +49 (0)228 - 559 20 9470 E-mail: placement@solarworld.com Internet: www.solarworld.de ISIN: DE000A1YCMM2, DE000A1YDDX6, DE000A1YCN14 WKN: A1YCMM, A1YDDX, A1YCN1 Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Munich, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 352159 04.05.2015
DGAP-News: SolarWorld AG introduces five bus bar technology
| Source: EQS Group AG