Since the IPO of the company ten years ago the stocks of SolarWorld AG have developed as well as no other German stock during that period
Since the IPO of the company ten years ago the stocks of SolarWorld AG have developed as well as no other German stock during that period. This is shown by an analysis performed by the German economy newspaper Handelsblatt (edition of 8 January 2010). “We are delighted with this success which confirms that we came up with the right idea at the right time and in the right place”, says Dipl.-Ing. Frank H. Asbeck, Chairman and CEO of SolarWorld AG.
At the time of its IPO in 1999 SolarWorld AG was among the very first solar stocks worldwide. Investors were quick to recognize the potential of solar power technology at an early point in time. In the last ten years SolarWorld AG has developed from a solar trading house into one of the world’s largest manufacturers of high-quality crystalline solar power technology. In the process the quality provider relies on high-tech production sites in its main target markets. Uniform standards are shared by the international sites. The group-wide, sustainable and fully integrated production concept guarantees the consistently high quality of all products.
“With our products we will make solar power less expensive than conventional power from limited energy sources in the next few years”, explains Frank H. Asbeck. “Solar energy will become the essential worldwide pillar of an energy supply that protects the climate and uses resources sparingly.”
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. Worldwide, SolarWorld employs more than 2,700 people. Sustainability is the basis of the group strategy. Since 1999 SolarWorld AG has been quoted on the stock exchange, among others in the technology index TecDAX, ÖkoDAX, Dow Jones STOXX 600, the international MSCI Index as well as in the sustainability indices DAXglobal Alternative Energy and NAI.
Contact SolarWorld AG
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