Aktiengesellschaft | |
Traded as | : SWV |
Industry | Photovoltaics |
Founded | 1988 |
Headquarters | Bonn, Germany |
Key people
|
Frank H. Asbeck (founder and CEO), Georg Gansen (Chairman of the supervisory board) |
Products |
Solar cells, wafers, PV modules and systems |
Revenue | €638,654 (Q1-Q3 2016) |
€34,900 (Q1-Q3 2016) | |
Profit | €87.3 million (2010) |
Total assets | €793,986 (Q1-Q3 2016) |
Total equity | €146,172 (Q1-Q3 2016) |
Number of employees
|
3,073 (incl. temporary workers) (Q1-Q3 2016) |
Subsidiaries | SolarWorld Innovations GmbH SolarWorld Industries Sachsen GmbH |
Website | www |
SolarWorld is a German company dedicated to the manufacture and marketing photovoltaic products worldwide by integrating all components of the solar value chain, from feedstock (polysilicon) to module production, from trade with solar panels to the promotion and construction of turn-key solar power systems. The group controls the development of solar power technologies at all levels in-house.
SolarWorld AG is listed on the , the Photovoltaik Global 30 Index and the ÖkoDAX.
SolarWorld was founded in 1988 as individual company by engineer and chief executive officer Frank Asbeck, and engaged in projects to produce renewable energy. In 1998, these activities were transferred to the newly founded SolarWorld AG, which went public on 11 August 1999.
In 2006 Shell its crystalline silicon solar business activities to SolarWorld.
SolarWorld has received German Sustainability Award in the category of "Germany’s Most Sustainable Production 2008".
Since 2010 the company has a joint venture with Qatar Solar Technologies (QSTec). Due to a financial crisis, Solarworld was restructured and QSTec became the largest shareholder in 2013.
In 2012, Washington, D.C. based law firm, Wiley Rein, was hacked. According to Bloomberg News, the hackers wanted information about the German manufacturer SolarWorld. SolarWorld's computers were hacked about the same time.
Within the SolarWorld Group many specialized workers are employed in the enterprise's units located in Bonn (headquarters), Freiberg, and Hillsboro, Oregon (US headquarters).