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SolarWorld welcomes European solar manufacturers’ complaint against illegal Chinese price dumping of solar products

26-07-12

SolarWorld AG welcomes the filing of a complaint by the European manufacturer initiative, EU Pro Sun, announced today against illegal price dumping of Chinese solar companies. As one of the world’s leading solar manufacturers, SolarWorld supports the new initiative, which brings together more than 20 European solar companies.

Dr.-Ing. E. h. Frank Asbeck, CEO of SolarWorld explains: “We speak for fair competition in Europe. Only through fair competition will it be possible to reach European climate goals, advance solar technology in the EU, and maintain a strong industrial base“.

Already at the end of 2011, the American subsidiary of SolarWorld AG supported a similar initiative in the USA. In May 2012, the United States Department of Commerce announced preliminary anti-dumping duties of more than 30 percent. “We are confident that the European Commission will understand the need to act, and will not waste time in adopting similar measures in Europe.” says Asbeck.

For more information about EU ProSun:www.prosun.org

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 of all sizes, 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, with sales sites in Singapore, South Africa, Spain, France as well as in the U.S. state of California. 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 developing countries, exemplifying sustainable economic development. Worldwide, SolarWorld employs about 3,000 people. SolarWorld AG has been quoted on the stock exchange since 1999 and today is listed on, among others, the TecDAX and ÖkoDAX as well as in the sustainability index NAI.

Contact:

SolarWorld AG
Martin-Luther-King-Str. 24
53175 Bonn
Tel.: +49 (0) 228/55920-409
E-Mail: presse@solarworld.de



 
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