SolarWorld Will Supply Solar Panels for World’s Premier Pump-maker, Grundfos

  SolarWorld Will Supply Solar Panels for World’s Premier Pump-maker, Grundfos

Danish pump-maker taps SolarWorld solar panels to power Grundfos’
trail-blazing solar-powered submersible water pumps on many continents

Business Wire

BONN, Germany -- April 17, 2013

SolarWorld, the largest solar manufacturer in both Europe and the Americas,
has become world supplier of solar panels to Grundfos, the pump industry’s
largest, most innovative producer, SolarWorld announced today. SolarWorld will
provide solar panels for use with Grundfos’ solar-powered submersible water
pumps in countries on many continents.

The agreement pairs two vertically integrated manufacturers, well-established
technology innovators and models of sustainable development. Grundfos selected
SolarWorld partly as a result of an intensive audit of SolarWorld’s largest
manufacturing campus, located in Freiberg, Germany. Grundfos’ 23-page audit
inventory surveyed SolarWorld’s compliance with high labor, environmental,
quality, safety and anti-corruption standards, including its adherence to its
own code of conduct as well as the UN Global Compact.

More specifically, the two companies for several years both have maintained
committed, robust strategic partnerships with Water Missions International.
The global water-aid engineering nonprofit, based in South Carolina, combines
discounted and donated pumps from Grundfos and solar panels from SolarWorld to
lower high rates of water-borne illness and childhood death in developing
economies. A single Grundfos pump, powered by as few as four SolarWorld solar
panels, can provide clean, safe drinking water for as many as 5,000 people for
decades.

Grundfos  –  a technology-focused, foundation-owned company based in Denmark,
with manufacturing on several continents, including the United States and
Europe –  has blazed a trail of technological innovation partly in providing
ever-more-powerful solar-powered water pumps that uniquely integrate a device
to invert direct current flowing from solar panels into alternating current to
power the pumps. This development has significantly expanded the technological
versatility and geographic application of that keystone of the industrial
revolution, the water pump.

SolarWorld has set many of its industry’s key milestones, including first 1
megawatt of annual production, 1-MW solar installation and 25-year power
guarantee. Like Grundfos, SolarWorld is vertically integrated to assure
quality control at every link in its industry’s value chain. The company is
co-developing silicon-refinement capacity in Qatar, it produces crystalline
silicon ingots and wafers and photovoltaic cells and panels, and it develops
utility-scale solar power projects.

“It’s hard to imagine better-suited world technology partners,” said Frank
Asbeck, chairman and chief executive officer of SolarWorld AG. “We are quite
simply gratified that our paths of innovation are combining to achieve maximum
output, reliability and sustainability.”

About SolarWorld

SolarWorld AG manufactures solar power systems and in doing so contributes to
a cleaner energy supply worldwide. The company, located in Bonn, 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 publicly traded on the stock market since 1999. More information at
www.solarworld-usa.com.

Contact:

SolarWorld
Head of Corporate Communications And Sustainability in the Americas
Ben Santarris, 503-693-5189
Mobile: 503-927-9858
Ben.Santarris@SolarWorld-USA.com
 
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