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SolarWorld Brings All-American Solar Financing to Homeowners in Hawaii



  SolarWorld Brings All-American Solar Financing to Homeowners in Hawaii

Freedom^TM Plan pairs flexible payment options with American-made quality and
                                  aesthetics

Business Wire

HILLSBORO, Ore. -- September 9, 2013

SolarWorld, the largest U.S. solar manufacturer for more than 35 years, now
offers the SolarWorld Freedom^TM Plan, the solar industry’s first financing
program dedicated exclusively to American-made solar panels, in Hawaii. The
program is designed for homeowners seeking freedom from rising utility costs
by replacing a portion of their electricity bill with a low monthly
solar-power payment. Unlike competitors’ financing programs, the SolarWorld
Freedom^TM Plan guarantees the use of high-quality American-made solar panels
in every installation.

“With abundant sunshine and some of the nation’s highest utility rates, Hawaii
is an ideal place for homeowners to reap the financial and environmental
benefits of solar,” said Rusty Pittman, director of marketing for SolarWorld
Americas. “SolarWorld’s Freedom Plan makes the decision to go solar easier and
more affordable for Hawaii residents.”

With zero-down, low-down and prepaid options, the SolarWorld Freedom^TM Plan
gives homeowners the freedom to choose how they finance their American-made
solar investment and minimize their upfront costs. The plan is offered in
conjunction with SolarWorld’s complete solar-electric systems, which include
photovoltaic equipment, installation, monitoring services, system insurance
and maintenance for up to 20 years.

SolarWorld offers the Freedom Plan in Hawaii exclusively through Inter-Island
Solar Supply, a SolarWorld distributor for 30 years. Inter-Island Solar Supply
has three branches located on the islands of Oahu, Hawaii and Maui.

“We are excited to partner with SolarWorld to bring the Freedom Plan financing
program to the Hawaii’s homeowners,” said Ron Richmond, manager of business
development for Inter-Island Solar Supply. “The Freedom Plan enables Hawaii
families to reduce their electric bills by removing the high cost of
purchasing a PV system.”

The Freedom^TM Plan is available to Hawaii residents through the company’s
network of authorized installers. SolarWorld authorized installers are
experienced solar professionals with a proven track record of quality design,
construction and customer service. Homeowners can visit the SolarWorld website
to find an authorized installer in Hawaii.

Hawaii-based installation companies that are interested in becoming SolarWorld
Authorized Installers and providing flexible financing through the Freedom^TM
Plan can register for the program online.

SolarWorld launched the Freedom^TM Plan in California in February. It is
currently available in six states, including California, Colorado,
Connecticut, Hawaii, Maryland, Massachusetts and New Jersey. In the coming
months, SolarWorld will expand the Freedom Plan into additional U.S. solar
markets, including Arizona and New York.

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, 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 Industries America
Devon Cichoski
Media Relations Manager
Office: 805-388-6388
Mobile: 805-377-2905
Devon.Cichoski@SolarWorld-USA.com
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