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

Sponsored
July 13, 2026
Dylan Middleton and Ruiqi Hua of JA discuss the importance of traceability, decarbonisation and circularity in PV module manufacturing.
July 13, 2026
Avaada Electro has commissioned the first 3GW production line at its 6GW N-type TOPCon solar cell manufacturing facility in Butibori, Nagpur.
July 13, 2026
TotalEnergies has divested all 170MW of its distributed solar capacity in Europe, as it plans to “refocus” on utility-scale projects.
July 13, 2026
The EU’s decision to ban funding for solar PV and energy storage projects lacks clarity, according to SolarPower Europe.
July 13, 2026
Independent power producer (IPP) Avantus has closed a US$525 million financing package for its Aratina 2 solar-plus-storage project in Southern California, US.
July 13, 2026
Qcells has completed EPC work on the 237MWdc Atlas V and 135MWdc Atlas VI solar projects in La Paz County, Arizona.

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
April 20, 2027
Istanbul, Türkiye