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SolarWorld consistently implements expansion in the USA - 350 new jobs at the Hillsboro/Oregon site

05-05-10

The expansion of SolarWorld AG in the USA is picking up speed. Around 350 new jobs will be filled at the Hillsboro/Oregon site of SolarWorld in the next few months. The group is expanding its production capacities in the USA along the entire value chain. On the whole the headcount in Hillsboro will increase from currently 650 to some 1,000 people. Together with its locations in Camarillo/California and Vancouver/Washington SolarWorld is the largest manufacturer of highly efficient solar power products in the United States. The USA are considered to be one of the fastest growing solar markets in the world.

“We are further expanding our position of leadership as a provider of high-quality solar power technology in the USA. The demand for clean energy generation is increasing. The oil disaster off the US coast is alarming and shows the dangers of finite energy sources,” explains Frank H. Asbeck, Chairman and CEO of SolarWorld AG.

Highly attractive for junior staff - Top ranking in Universum Student Survey

“We are delighted with the high level of attractiveness that our company enjoys as a potential employer among young academic staff,” adds Frank H. Asbeck. In the most recent ‘Universum Student Survey 2010’ published by the Wirtschaftswoche business magazine employment at SolarWorld is rated as being very attractive. Among the most popular employers for university graduates SolarWorld is in 13th place with engineers, and even among the top ten with natural scientists. Students at more than 100 higher education establishments in Germany were included in the survey. “This great result is the success of our personnel policy which permanently works on gaining and retaining creative talents for our company,” says Frank H. Asbeck. Also this year SolarWorld AG was awarded by the Great Place to Work Institute Germany for being among the 100 best employers in Germany for the second time in succession.

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 via wafers, cells and modules all the way to turn-key solar systems including recycling the group combines all the stages of the solar value chain. The central business activity is selling quality modules to the specialist trade and crystalline wafers to the international solar cell industry. Group headquarters are located in Bonn/Germany. Production sites are to be found in Germany, the USA and South Korea. The largest production facilities are operated by the group in Freiberg/Germany and in Hillsboro/USA. Sustainability is the basis of the group strategy. Under the name of Solar2World the group supports care projects using off-grid solar power solutions in emerging economies and developing countries, exemplary of sustainable economic development. Worldwide, SolarWorld employs more than 2,700 people. Since 1999 SolarWorld AG has been quoted on the stock exchange, among others in the technology index TecDAX, ÖkoDAX, Dow Jones STOXX 600, the international MSCI Index as well as in the sustainability indices DAXglobal Alternative Energy and NAI.

Contact SolarWorld AG

Contact Press: Phone: +49 228/55920-400,
E-Mail: press@solarworld.de

Contact Investor Relations: Phone: +49 228/55920-470,
E-Mail: placement@solarworld.de



 
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