SolarWorld raises €400 million for continued production capacity expansion plans

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
August 21, 2026
Drawing on his experience of flood risk engineering, Hossein Gheovasi makes the case for early, accurate hydrology in solar project design.
August 21, 2026
US IPP Swift Current Energy has secured a US$750 million credit facility to support what it called “reliable, clean energy projects” in the US.
August 21, 2026
Vikram Solar plans a 9GW wafer and ingot plant at its recently inaugurated 6GW Tamil Nadu module facility.
Premium
August 21, 2026
ES Foundry's Alex Zhu outlines how the US cell maker is betting on PERC while navigating shifting regulations and supply-chain constraints.
Premium
August 21, 2026
PV Tech Premium speaks with United Solar about the challenges of building polysilicon capacity outside of China and catering to the US and Indian markets.
August 21, 2026
Daqo New Energy reduced its losses in Q2 2026 and increased its revenues, largely by resuming polysilicon sales below the cost of production.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye