SolarWorld was founded in 1988 as individual company by engineer and chief executive officer Frank Asbeck, and engaged in projects to produce. In 1998, these activities were transferred to the newly founded SolarWorld AG, which went public on 11 August 1999.
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On November 19, 2008, SolarWorld AG announced a bid to buy German automaker from General Motors. The bid was for 1 billion Euro, 250 million being paid in cash and 750 million being paid in bank credits.
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SolarWorld is a German dedicated to the manufacture and marketing of products worldwide by integrating all components of the solar value chain, from feedstock () to production, from trade with to the promotion and construction of. The group controls the development of solar power technologies at all levels in-house.
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Many countries and territories have installed significant capacity into their to supplement or provide an alternative to conventional energy sources. Solar power plants use one of two technologies: • (PV) systems use , either on or in ground-mounted , converting sunlight directly into electric power.
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