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SolarWorld to pay schools a solar construction bonus of 2,500 €

Photovoltaic as a contribution to the energy rehabilitation of buildings


SolarWorld AG will back the government’s economic incentive program for public buildings with a solar construction bonus for schools amounting to 2,500 €. 'We want to make sure that the economic incentive program will truly trigger measures for the future. To this end education and solar energy supply are an ideal combination', says Dipl.-Ing. Frank H. Asbeck, Chairman and CEO of SolarWorld AG. 'With our solar construction bonus we offer schools the opportunity to use the state’s infrastructure incentive as an investment into the future'. Installation companies that are awarded a tender by a school and then install a SolarWorld solar power system will receive a bonus of 2,500 € from the German solar power technology group. This bonus will be passed on to the school.

Learning about modern energy generation is to be didactically integrated into the curriculum of the school. To this end the company will make displays and teaching materials available free of charge. With a special Internet program students can additionally check at any time how much electricity is generated on the roof of their school and how much carbon dioxide is being avoided as a result.

'With this investment into the solar energy supply the schools do not only make a contribution to the renewal of the energy systems of their buildings but also secure for themselves a permanent income by way of feeding the solar power into the grid', continues Frank Asbeck. At the same time the infrastructure incentives of the government are spent on high quality products whose economic value creation remains in Germany. The schools can implement the initiatives straight away because the construction of solar power systems does not as a rule require any official approval.

The solar construction bonus offered by SolarWorld AG for solar power generation plants on schools applies to systems with an output of 10 kWp or more provided that they are built as the property of the school maintenance organization, a parents’ initiative or a school sponsoring association. The additional use of state programs for the promotion of solar power and of offers of the KfW Bank for Reconstruction is possible without any problems.

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About SolarWorld AG

The SolarWorld AG group of companies (ISIN: DE0005108401) is a world leader in high quality solar power technology. The company is involved at all levels of the solar value chain and combines all activities of the solar industry from silicon as the raw material to turn-key solar power systems. SolarWorld AG is represented in all the world’s solar growth markets. The group is exclusively dedicated to its core business of photovoltaic power generation operating production facilities in Germany and the USA. They in turn supply the SolarWorld AG sales offices in Germany, Spain, USA, South Africa and Singapore. In South Korea SolarWorld AG is currently building up a solar module production facility in order to be able to serve the growing demand in Asia on the spot in the future. The central element of the business in addition to the sale of turn-key solar systems and solar modules to the trade is the distribution of solar silicon wafers to the international solar cell industry. Apart from grid-coupled (on-grid) products the SolarWorld Group also sells off-grid solar power solutions that make an important contribution to the sustainable economic development of threshold and developing countries. Under the name Solar2World the group has pooled its ethical commitment to solar power especially in developing countries.

SolarWorld AG employs 2,254 people worldwide. At the stock market the company is listed among others in the technology index TecDAX, in the ÖkoDAX, in the Dow Jones STOXX 600, in the international MSCI index as well as in the sustainability indices DAXglobal Alternative Energy and NAI.

SolarWorld Press contact

SolarWorld AG

Martin-Luther-King-Straße 24
53175 Bonn

Contact Investor Relations: Phone: 0228/55920-470
Contact Press: Phone: 0228/55920-459
Fax: 0228/55920-9470

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