DGAP-News: SolarWorld successfully sells large-scale solar projects with overall capacity of 46 megawatts

DGAP-News: SolarWorld AG / Key word(s): Miscellaneous
SolarWorld successfully sells large-scale solar projects with overall
capacity of 46 megawatts

18.04.2013 / 18:09

---------------------------------------------------------------------

18.04.2013
Corporate News SolarWorld AG
(Securities Code No.: WKN 510 840)
(International Securities Identification Number: ISIN DE0005108401)

SolarWorld successfully sells large-scale solar projects with overall
capacity of 46 megawatts

SolarWorld AG constructed and sold large-scale solar projects in Germany
and the United States comprising an overall capacity of 46 megawatts,
enough energy to cover the needs of about 40,000 people. All projects
exclusively feature quality modules made by SolarWorld in Germany and in
the United States.

The German project is located on the Pütnitz Peninsula, Mecklenburg-Western
Pomerania, and has a nominal capacity of 21.3 megawatts. Solarparc AG,
subsidiary of SolarWorld AG and responsible for the development and project
planning of large-scale power plants, realized and monitored the complete
project from development to financing and sales. The project has been
acquired by White Owl Group, an institutional investor from Germany.
Solarparc will continue to be responsible for its long-term technical
management.

SolarWorld Americas, a U.S. subsidiary of SolarWorld AG, also sold two
power plants in Twentynine Palms, California, with an overall nominal
capacity of 25 megawatts to the U.S. electric power holding company Duke
Energy Renewables. Here, too, the company was responsible for all steps of
the project, directing engineering, procurement, logistics, permitting and
construction. The twin projects will be fully completed and commissioned in
the second quarter of 2013.

'Realizing these installations, we were able to bring in decades of
international project experience,' comments Dr.-Ing. E. h. Frank Asbeck,
CEO of SolarWorld AG, on the conclusion of contracts. 'The projects were
acquired by experienced investors and project managers, which shows that
SolarWorld quality 'made in Germany' and 'made in America' does pay off
economically, too,' Asbeck says.

All parties agreed that the terms of the purchases would be confidential.

An overview of the projects

Germany

Location: Ribnitz-Damgarten, Pütnitz Peninsula, Mecklenburg-Western
Pomerania
Nominal module capacity: 21.3 MWp

Modules used: 87,998 SolarWorld Sunmodule Plus 230 - 245 Wp poly
Rack system: SolarWorld-Sunfix freefield, fixed
Particulars: As part of the project, planning, extensive compensatory
measures for environmental protection were budgeted. For instance, a
biotope for cranes and a corridor for sand lizards were built. Furthermore,
extensive measures such as reforestation and hedge planting were
implemented.

United States

Location: Twentynine Palms, California
Nominal module capacity: 25 MWp
Modules used: 100,000 SolarWorld Sunmodule Plus
Rack system: SolarWorld Suntrac, single-axis trackers

About Solarparc Aktiengesellschaft:
The Solarparc Aktiengesellschaft plans, builds and sells renewable energy
power plants. As part of its business unit Renewable Power Production, the
Solarparc group holds its own wind and solar power plants. It also offers
the technical management of solar power plants as a service to investors.
With a total volume of 220 MW under technical management, the Solarparc
group is one of Germany's largest technical managers for renewable energy
power plants. The group has a longstanding know-how developing and selling
renewable energies power plants to private and institutional investors. The
Solarparc group is a wholly-owned subsidiary of the SolarWorld group.

About SolarWorld AG:
SolarWorld AG manufactures solar power systems and in doing so contributes
to a cleaner energy supply worldwide. The company, located in Bonn,
Germany, employs approximately 2,600 people and carries out production in
Freiberg, Germany, and Hillsboro, USA. From raw material silicon to the
solar module, SolarWorld manages all stages of production ? including its
own research and development. Through an international distribution
network, SolarWorld supplies customers all over the world with solar
modules and complete systems. The company maintains high social standards
at all locations across the globe, and has committed itself to resource-
and energy-efficient production. SolarWorld has been publically traded on
the stock market since 1999. More information at solarworld.de/en

Contact:
SolarWorld AG
Martin-Luther-King-Str. 24
53175 Bonn
Tel.: +49 (0) 228/55920-409
E-Mail: presse@solarworld.de
Internet: www.solarworld.de

End of Corporate News

---------------------------------------------------------------------

18.04.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------

Language: English
Company: SolarWorld AG
Martin-Luther-King-Straße 24
53175 Bonn
Germany
Phone: +49 (0)228 - 559 20 470
Fax: +49 (0)228 - 559 20 9470
E-mail: placement@solarworld.de
Internet: www.solarworld.de
ISIN: DE0005108401
WKN: 510840
Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime
Standard); Freiverkehr in Berlin, Hamburg, München,
Stuttgart; Terminbörse EUREX

End of News DGAP News-Service
---------------------------------------------------------------------
207687 18.04.2013