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 1.305 billion 2010 1 operating income 192.8 million 2010 1 profit 87.3 million 2010 1 total assets 2.635 billion end 2010 1 total equity 922.9 million end 2010 1 number of employees 3 766 incl . temporary workers june 2016 2 subsidiaries solarworld innovations gmbh solarworld industries sachsen gmbh website www.solarworld.com 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 frankfurt stock exchange 3 the photovoltaik global 30 index and the kodax . contents 1 history 2 facilities 3 grid parity 4 vehicles 5 references 6 further reading 7 external links history edit solarworld was founded in 1988 as individual company by engineer and chief executive officer frank asbeck 4 and engaged in projects to produce renewable energy . 5 in 1998 these activities were transferred to the newly founded solarworld ag which went public on 11 august 1999 . 5 in 2006 shell divested its crystalline silicon solar business activities to solarworld . 6 solarworld has received german sustainability award in the category of germany s most sustainable production 2008 . 7 since 2010 the company has a joint venture with qatar solar technologies qstec . 8 due to a financial crisis solarworld was restructured and qstec became the largest shareholder in 2013 . 9 10 facilities edit within the solarworld group many specialized workers are employed in the enterprise s units located in bonn headquarters freiberg and hillsboro oregon us headquarters . the business also has a facility in hillsboro oregon . the newer hillsboro factory was purchased in 2007 from japan s komatsu group . 11 it is the largest solar cell manufacturing facility in north america . 12 international distribution center in bonn germany in bonn germany in 2013 solarworld took over production from bosch solar energy in arnstadt and continued to employ about 800 workers . 13 solarworld ag has sales offices in germany spain usa south africa uk and singapore . grid parity edit main article grid parity in 2010 solarworld called for lowering germany s lucrative solar feed in tariffs and its ceo frank asbeck supported a 10 percent to 15 percent drop for the incentives . in 2011 utility scale solar power stations achieved grid parity for domestic consumers as guaranteed tariffs fell below retail electricity prices . feed in tariffs continued to drop well below the gross domestic electricity price . since the beginning of 2012 newly installed small rooftop pv system also have achieved grid parity . 14 11 the current policy is to revise tariffs on a monthly basis reducing them by 1 percent unless actual deployment does not meet agreed upon targets . as of spring 2015 tariffs ranged from 8 to 12 euro cents per kilowatt hour depending on the pv system s size . 15 vehicles edit the solar car solarworld no. 1 solarworld is the main sponsor of the solarworld no. 1 solar car developed by the fh bochum solarcar team . 16 on 19 november 2008 solarworld ag announced a bid to buy german automaker opel from general motors . 17 the bid was for 1 billion euro 250 million being paid in cash and 750 million being paid in bank credits . solarworld specified conditions such as opel should be split from general motors . 18 solarworld announced that it intends to create the first electric automotive oem . however gm rejected the bid saying opel is not for sale . 19 references edit a b c d e annual report 2010 pdf . solarworld . retrieved 10 april 2011 . interim report q2 2016 pdf . solarworld . retrieved 28 september 2016 . solarworld ag frankfurt stock exchange . reuters . retrieved 2008 11 19 . solarworld ag company profile . yahoo finance . retrieved 2008 11 19 . a b solarworld faqs . solarworld ag . retrieved 2008 11 19 . shell announces additional hydrogen stations in us and wind and solar power mous . green car congress . retrieved 2008 11 27 . http www.dgap.de link.php sprache en & a 10 & v en & von 19970101 & typ news & isin de0005108401 & id 393370 http www.solarworld usa.com newsroom news releases news 2010 solarworld concludes joint venture with qatar foundation http www.berliner zeitung.de wirtschaft neuer partner qatar solar solarworld schoepft wieder hoffnung 3166686 http www.qstec.com about joint ventures solar world ag solarworld comes to hillsboro . american city business journals . 2007 03 01 . retrieved 2008 11 19 . solarworld opens north america s largest solar cell manufacturing facility press release . solarworld . 2008 10 17 . http www.pv tech.org news official solarworld signs deal with bosch to buy cell module facilities in recent facts about photovoltaics in germany pdf . fraunhofer ise . 7 january 2015 . retrieved 17 february 2015 . photovoltaikanlagen datenmeldungen sowie eeg verg tungss tze monthly reported new installations of pv systems and current feed in tariffs in german . bundesnetzagentur . retrieved march 2015 . check date values in access date help the team . solarworld no. 1 . retrieved 2008 11 20 . christoph hammerschmidt . solar company announces bid for general motors subsidiary opel . electronic engineering times . retrieved 2008 11 27 . german group solarworld bids 1bln euros for opel . yahoo 7 . retrieved 2008 11 18 . gm rejects bid further reading edit european consortium mulls mega solar factory to outshine chinese deutsche welle website may 20 2014 . external links edit wikimedia commons has media related to solarworld . official website solarworld usa website v t e solar energy in the european union european renewable energy council european photovoltaic industry association solar power by country europe albania austria belgium bulgaria cyprus czech republic denmark finland france germany greece italy lithuania netherlands poland portugal romania spain switzerland turkey ukraine united kingdom solar thermal power stations alvarado 50 mw andasol 150 mw extresol 150 mw gemasolar 20 mw puertollano 50 mw ps20 20 mw ps10 11 mw puerto errado 31 mw solnova 150 mw termosolar borges 25 mw valle 100 mw photovoltaic power stations alt daber 68 mw brandenburg briest 91 mw crucey 60 mw eggebek 84 mw finow tower 85 mw finsterwalde 81 mw gabardan 67 mw karadzhalovo 60 mw lieberose 71 mw meuro 70 mw montalto di castro 84 mw neuhardenberg 145 mw okhotnykovo 80 mw olmedilla 60 mw perovo 100 mw rovigo 72 mw senftenberg 82 mw templin 128 mw toul rosi res 115 mw v t e kodax companies of germany last change 30.12.2015 chorus clean energy cropenergies heliocentris nordex se phoenix solar pne wind sfc energy ag sma solar technology solarworld verbio retrieved from https en.wikipedia.org w index.php title solarworld & oldid 741604256 categories solar energy companies of germanyphotovoltaics manufacturersmanufacturing companies of germanyenergy companies established in 1988manufacturing companies established in 1988renewable resource companies established in 1988companies based in bonngerman brandsrenewable energy companieshidden categories cs1 errors datescs1 german language sources de commons category with page title same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial 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