DGAP-News: SolarWorld consistently implements expansion in the USA

DGAP-News: SolarWorld consistently implements expansion in the USA

ID: 20273

(firmenpresse) - SolarWorld AG / Miscellaneous

05.05.2010 08:17

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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350 new jobs at the Hillsboro/Oregon site

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(R) 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 internationalMSCI Index as well as in the sustainability
indices DAXglobal Alternative Energy and NAI.


Contact Press: Phone: +49 228/55920-400, E-Mail: press(at)solarworld.de
Contact Investor Relations: Phone: +49 228/55920-470, E-Mail:
placement(at)solarworld.de

www.solarworld.de




05.05.2010 08:17 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------

Language: English
Company: SolarWorld AG
Martin-Luther-King-Straße 24
53175 Bonn
Deutschland
Phone: +49 (0)228 - 559 20 470
Fax: +49 (0)228 - 559 20 99
E-mail: placement(at)solarworld.de
Internet: www.solarworld.de
ISIN: DE0005108401
WKN: 510840
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, München, Hamburg, Stuttgart;
Terminbörse EUREX

End of News DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 05.05.2010 - 08:17 Uhr
Sprache: Deutsch
News-ID 20273
Anzahl Zeichen: 0

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