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SolarWorld Breaks Ground on More Than 500 Kilowatts of Solar Carports at Four California Parks



  SolarWorld Breaks Ground on More Than 500 Kilowatts of Solar Carports at
  Four California Parks

SolarWorld oversees engineering, procurement, construction and permitting

Business Wire

CAMARILLO, Calif. -- September 3, 2013

SolarWorld, the largest U.S. solar manufacturer for more than 35 years,
announced today that it has begun constructing solar carports totaling 537
kilowatts of power-generation capacity at four public parks in Thousand Oaks,
Calif. The four carports are expected to generate a total of 17,300,000
kilowatt-hours in renewable energy, saving the Conejo Recreation and Parks
District (CRPD), the local government unit that owns and operates the parks,
millions of dollars over 25 years.

The project resulted from a partnership between CRPD, SolarWorld and
Sustainable Power Group (sPower), a renewable-energy development firm.
SolarWorld’s engineering, procurement and construction (EPC) division, based
in nearby Camarillo, Calif., is overseeing all phases of the project,
including design, engineering, procurement, permitting and construction.
Together, SolarWorld and sPower have provided the project’s financing through
a 25-year power purchase agreement (PPA).

Under the PPA, SolarWorld will construct, install, maintain and operate the
four solar carports. In return, CRPD will purchase energy from SolarWorld and
sPower at a lower rate than it would have paid to buy power from the local
utility during the same time frame. Over the life of the PPA, CRPD is expected
to save an estimated $3.4 million.

“With this project, SolarWorld brings together its high-quality solar
technology and top-flight engineering and construction talent with sPower’s
financing capacity to help CRPD meets its fiscal and sustainability goals,”
said Kevin Kilkelly, president of SolarWorld Americas, the company’s
commercial unit for the Americas. “The project also highlights a growing trend
among U.S. park districts. Long-time stewards of the environment, these
organizations understand that solar power can also play a role in financial
stewardship.”

The solar canopies will be built in parking lots of CRPD’s top four
energy-consuming facilities: Borchard Community Park, Dos Vientos Community
Park, Thousand Oaks Community Park and Conejo Creek South Park. Aside from
generating clean power, the carports will provide covered parking for park
patrons.

The carports, ranging from 71 kilowatts to nearly 170 kilowatts, feature
SolarWorld high-performance, 270-watt solar panels manufactured in the
company’s factory in Hillsboro, Ore.

“We are excited to start this project,” said Tom Hare, CRPD’s administrator
for parks and planning. “In addition to wanting to secure cost savings, we
feel it is important that CRPD promote energy efficiency. We were pleased that
we could accomplish these goals with SolarWorld, a company that has been
manufacturing and designing solar systems in our community for more than 35
years.”

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 2,500 people and carries out production in Freiberg, Germany,
and Hillsboro, Ore. 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 Industries America
Media Relations Manager
Devon Cichoski, 805-388-6388 (Office)
805-377-2905 (Mobile)
Devon.Cichoski@SolarWorld-USA.com
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