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SolarWorld Inaugurates New Research and Development Center

At the German location, worldwide research activities of the group are pooled

22-09-10

With the inauguration of its new Research and Development Center in Freiberg/Saxony, SolarWorld AG confirms its dedication to the solar location of Germany. The group invested a total of € 55 million, among others in the solar cell and module laboratories. 110 people employed in research and development are working on new processes that will optimize the efficiency of solar power products and cut permanently the costs of solar power technology.

“With our new Research and Development Center, we are not just securing our quality edge vis-à-vis international competitors but we are also creating the potential for further cost reductions,” explains Dr.-Ing. E. h. Frank Asbeck, chairman and CEO of SolarWorld AG. “In a short time, we will reach grid parity, and self-made power from the roof will be cheaper for everybody than electricity from the socket, and in addition storable.”

In Freiberg, the worldwide research activities of the group are pooled and then go into the optimization and further development of the highly efficient crystalline solar power technology. In doing so, the company banks on the innovative strength and the technological know-how of German science. Proximity to production makes it possible to implement the research results in production straight away. Research and development take place along the entire photovoltaic value chain, for example in the optimization of silicon crystallization and the increase in the degree of efficiency of crystalline solar cells.

The Research and Development Center has a total area of 10,500 square meters. This is where processes and plants of the next generation are tested on a near-production scale, to some extent under clean room conditions. In addition, there are laboratories for development, reliability testing and quality assurance as well as office space. Together with the wafer laboratory already inaugurated in 2009 and some smaller research institutes and technology companies in the vicinity of the center, an exemplary Europe-wide technology and innovation campus has been created in Freiberg.

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, including recycling, 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. Production sites are to be found in Germany, the United States and South Korea. 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 emerging economies and developing countries, exemplifying sustainable economic development. Worldwide, SolarWorld employs more than 2,900 people. SolarWorld AG has been quoted on the stock exchange since 1999 and today is listed on, among others, the TecDAX, ÖkoDAX, Dow Jones STOXX 600 as well as in the sustainability indices DAXglobal Alternative Energy and NAI.

Contact SolarWorld AG

Press: Tel.-No.: 0228/55920-400, E-Mail: press@solarworld.de
Investor Relations: Tel.-No.: 0228/55920-470; Fax-No.: 0228/55920-9470, E-Mail: placement@solarworld.de
Internet: www.solarworld.de



 
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