SolarWorld raises €400 million for continued production capacity expansion plans

January 14, 2010
Facebook
Twitter
LinkedIn
Reddit
Email

As part of previously announced plans to expand module production internationally, SolarWorld has successfully issued a €400 million bond. SolarWorld said the bond was placed with banks and intermediaries in the private sector.

The new funds were to be primarily allocated to its Freiberg, Saxony, facilities, which will generate approximately 500 new jobs, bringing the total in Freiberg to over 2000 employees.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Capacity at its Freiberg site is being expanded to 450MW at a new facility nearby.

Read Next

Premium
April 30, 2026
US solar is 'relatively strong [because] the fundamentals for solar are really strong,' Aurora Solar's Fox Swim tells PV Tech Premium.
April 30, 2026
French solar module recycling company ROSI has announced plans to open a new facility in Spain.
April 30, 2026
Inox Solar has entered into an agreement with Chinese technology and manufacturing firm Ningbo Boway Alloy Material to acquire all the equity stakes of its US subsidiary Boviet Solar Technology.
April 30, 2026
US community solar developer Renewable Properties has acquired 118MW of cadmium telluride (CdTe) thin-film solar modules from US solar manufacturer First Solar.
April 30, 2026
TotalEnergies and Nextnorth have reached financial close on, and started construction at, a 440MW solar PV project in the Philippines.
April 29, 2026
Leading solar PV manufacturer JinkoSolar's module shipments have continued to decline in the first quarter of 2026, with 13.7GW.

Upcoming Events

Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)
Solar Media Events
June 16, 2026
Napa, USA
Media Partners, Solar Media Events
August 25, 2026
São Paulo, Brazil
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA