DGAP-News: SolarWorld AG to Receive Deloitte Award for Strength in Growth and Technology


SolarWorld AG / Miscellaneous

31.10.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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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 industry from silicon as the raw material to turn-key
solar power system. SolarWorld AG is represented in all international 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. A
central element of the business in addition to the sale of turn-key solar
systems and solar modules to retailers 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 roof
Solar2World the group has pooled its ethical commitment to solar power
especially in developing countries.
SolarWorld AG employs 2,095 people worldwide. The company is listed at the
stock exchange 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.


Contact:
SolarWorld AG Investor Relations / Marketing Communications,
Tel.-No.: +49 228 55920 -470; Fax-No.: +49 228 55920-9470,
E-mail: placement@solarworld.de; Internet: www.solarworld.de


DGAP 31.10.2008 
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Language:     English
Issuer:       SolarWorld AG
              Kurt-Schumacher-Straße 12-14
              53113 Bonn
              Deutschland
Phone:        +49 (0)228 - 559 20 470
Fax:          +49 (0)228 - 559 20 99
E-mail:       placement@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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