SolarWorld Lay Foundation for Largest Project to Date

SolarWorld AG’s subsidiary Deutsche Solar AG, is about to begin construction on its second factory to produce solar silicon wafers in Freiberg/Saxony. This will be the largest expansion project of the solar technology group to date.

“With Wafer Factory II we are expanding our production capacities initially to 220 Megawatt (MW) by the end of 2006,” announces Prof. Dr. Peter Woditsch, CEO of Deutsche Solar AG. “The building and the infrastructure will be designed to allow for a later increase in capacities to at least 270 MW.”

Deutsche Solar AG currently has 160 MW of capacity. The cost to expand is 80 million EUR and is expected to be completed by mid-2006.