Company history - 2016
For the solar industry as well as for SolarWorld, 2016 was split in two halves. In the first six months, the company recorded a positive business development and dynamic growth. In the following six months, the global solar market was characterized by price erosion, triggered by massive overcapacities and a stop of new solar installations in China. This development had negative impacts on SolarWorld, too.
Once again, the company’s largest markets 2016 were the United States and Europe. Key driver for growth was the demand for SolarWorld’s quality modules with especially high efficiency. In 2016, SolarWorld continued to be focused on high performance products with PERC technology, five bus bars as well as bifacial modules and systems.
As at: Januar 2017
SolarWorld AG presents new solar module and system technologies at its research and development center in Freiberg, Germany. SolarWorld announces its new efficiency record of 22 percent for industrial monocrystalline PERC solar cells.
SolarWorld has landed another megawatt project in the United States. The group’s American subsidiary, SolarWorld Americas, will supply 10.5 MW worth of solar power modules to a project located in Oregon.
SolarWorld presents the new bifacial Sunmodules Bisun and the new flexible SunPac battery storage system at the ISH show in Frankfurt, Germany.
SolarWorld is once again successful in the large-scale segment. It will supply its modules to a project in the Mojave desert in the United States as well as to a system at the airport in Montpellier, France. SolarWorld benefits from increasing quality awareness, not only in the segment of smaller roof-mounted systems but also in the large-scale segment.
SolarWorld is one of the most attractive employers in Germany – this is the result of Trendence Graduate Barometer 2016, which is one of the biggest employer surveys among German students.
SolarWorld has once again been honored as a sustainable brand with the GREEN BRANDS label. Brands earning that honor take great responsibility for the environment through ecologically sustainable production.
At the 16th Annual General Meeting of SolarWorld AG on June 7, 2016 CEO Dr.-Ing. E. h. Frank Asbeck emphasized the growth potential of solar power technology and the opportunities for the SolarWorld group in his speech: "Demand for real quality products in the international solar market is strongly rising. As a renowned quality provider, we have the right technology here. These are good prospects for further growth and a profitable development of our company." The shareholders approve the proposed resolutions of the Management Board and the Supervisory Board by large majorities.
SolarWorld presents the latest developments in solar modules and storage technologies at Intersolar Europe from June 22 to 24, 2016. Highlights include bifacial solar power modules with their own newly developed racking system Sunfix Bisun, which can deliver, depending on the ground surface, up to 25 percent more yield. Additionally, the new high performance module that achieves output of over 300 watt on the basis of 5-busbar technology combined with PERC cells, captured fairgoers’ attention.
As part of the 12th SolarWorld Einstein Award, Peter Adelmann, university professor in Ulm/Germany, founder and CEO of the “Institute for Decentralized Electrification, Entrepreneurship and Education” was presented with the prestigious award. Peter Adelmann has actively worked in the field of photovoltaics for over 30 years and has improved the living conditions in countries like Africa or Asia with solar electricity. The 11th Junior Einstein Award honored the young scientists Dr. Frank Feldmann and Dr. Udo Roemer for their research on passivated cell contacts this year.
SolarWorld supports social and cultural projects for the integration of refugees. Overall, SolarWorld has selected eleven social, sporting and cultural projects around the German locations Bonn, Arnstadt and Freiberg. The funding for the projects at the German sites is part of the long-term initiative "Integration @ SolarWorld". In this context, the company offers internships, apprenticeships and jobs and leads employees to sponsorships. The commitment of SolarWorld AG is embedded in the nationswide integration initiative "We together".
SolarWorld AG is delivering solar modules with a capacity of 20 megawatts for a ground-mounted system in West African Senegal. The 77,280 multicrystalline solar modules will be installed in the Kahone region, about 100 kilometers from the capital Dakar, by March 2017.
With a 150 kWp SolarWorld solar system, the German International School Cape Town in Tamboerskloof, South Africa, contributes to an environmentally friendly future. The 442 monocrystalline XL solar modules were manufactured by SolarWorld Industries Thüringen GmbH, based in Arnstadt, Germany.
SolarWorld is going to supply three large-scale projects in Germany with nearly 19 megawatt of its high quality modules. The project developer Energiebauern GmbH relies on quality „made by SolarWorld“
Self-consumed solar electricity is becoming more important in France: in Paris, a first residential and office building was inaugurated, in which tenants could use the electricity from the roof and save energy costs. In the course of the energetic refurbishment of the building from the 19th century, the owners consciously choose quality modules "made by SolarWorld". The largest self-consumption photovoltaic plant in the southwest of France was opened in November at Bordeaux on the site of an E.Leclerc supermarket. The carports were covered with glass-glass modules from SolarWorld. In the region Center-Val de Loire, 16 secondary schools now are using self-contained systems with SolarWorld modules. In a pilot project of the Regional Council, they installed photovoltaic systems of 20 kilowatts each. The trend towards self-sufficiency is promoted by a new tender program by the French government.
SolarWorld products are used even in the most remote corners of the earth and in unusual places. SolarWorld has supplied more than half a megawatt of solar modules in the last years to Greenland. On the ice-covered island temperatures of up to minus 40 degrees and icy polar winds dominate the winter. The only solar installer of the island, Jesper Christensen of LED Solar Greenland, is installing the highly efficient SolarWorld modules to solar power plants, which are used directly by individual consumers.