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SolarWorld Comments on Trade Action

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by April 26, 2017 General

The following statement is attributable to Juergen Stein, U.S. president
of SolarWorld:

“The case of Suniva dramatically demonstrates that the U.S. solar
manufacturing industry still suffers from unfair trade. In particular,
highly subsidized Chinese companies as well as other producers are
globally dumping their products, forcing competitors to take losses, lay
off workers and exit the market. SolarWorld has fought decisively
against this kind of unfair competition for many years. China now has
managed to circumvent and violate existing trade defense measures in
several ways and again incited a ruinous price race to the bottom,
destroying U.S. manufacturing jobs. SolarWorld – as the largest U.S.
crystalline-silicon solar manufacturer, with more than 40 years of U.S.
manufacturing experience – will assess the case brought by Suniva but
prefers that any action to be taken against unfair trade shall consider
all parts of the U.S. solar value chain. We’re committed to helping to
find a way that also considers the interests of other parties playing
fair in the U.S. solar market.”

About SolarWorld REAL VALUE: SolarWorld manufactures and sells
high-tech solar power solutions and, in doing so, contributes to a
cleaner energy supply worldwide. The group, headquartered in Bonn,
Germany, employs 3,292 people and operates facilities in Freiberg and
Arnstadt, Germany, and Hillsboro, Oregon, USA, as well as in a joint
venture with Qatar Solar Technologies. From raw material silicon to
solar wafers, cells and modules, SolarWorld manages all stages of
production ? including research and development in its own company,
SolarWorld Innovations. Through an international distribution network
with locations in Europe, USA, Singapore, Japan, South Africa and Qatar,
SolarWorld supplies customers all over the world. The company upholds
high social standards and commits itself to resource- and
energy-efficient production. With its program Solar2World, the company
supports the expansion of solar power in developing countries.
SolarWorld was founded in 1998 and has been publicly traded on the stock
market since 1999. Connect with SolarWorld on Facebook, Twitter and www.solarworld.com.

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