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SolarWorld AG to Receive Deloitte Award for Strength in Growth and Technology

31-10-08v3

SolarWorld AG has again been selected by the business consultancy Deloitte as one of the fastest growing German technology companies in 2008. Together with two other companies the solar technology group will receive the Sustained Excellence Award for the first time after having been elected to be among the 50 most successful and expansion-oriented technology providers in previous years. By awarding the prize the jurors paid tribute to the strong growth of SolarWorld AG as well as in particular to its innovative strength, entrepreneurial spirit, employee motivation and financial success. The award is sponsored jointly by the business magazine Capital, Deutsche Börse AG and the Deutsche Vereinigung für Finanzanalyse und Asset Management (DVFA). 'Growth and technological progress are of crucial importance to our business model focused as it is on sustainability', Dipl.-Kfm. tech. Philipp Koecke, Chief Financial Officer of SolarWorld AG, commented on the award. 'Because only economies of scale and permanent progress in efficiency can help us rapidly achieve the objective of full competitiveness of solar power thus making an important contribution to climate protection. The Sustained Excellence Award is a confirmation and at the same time an incentive to continue to proceed consistently along this route'. 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, USA and South Korea. They in turn supply the SolarWorld AG sales offices in Germany, Spain, USA, South Africa and Singapore. 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 Germany Contact Investor Relations: Tel.-Nr.: 0228/55920-470 Contact Press: Tel.-Nr.: 0228/55920-459 Fax-Nr.: 0228/55920-9470 E-Mail: placement(at)solarworld.de Internet: www.solarworld.de

 



 
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