future orientation of the group

Planned changes in business policy in the forthcoming two fiscal years

The group will continue its successful strategy as a fully integrated global solar technology group.  Strategy and action

We will increase our production capacity all the way from wafers via cells through to modules in 2010 with a view to expanding our market position. Group-wide module capacity, in particular, will be substantially increased to 1.25 GW. This is our strategic response to growing end customer markets. From today’s perspective we will grow organically. Our location policy will focus on existing production sites in Freiberg, Germany, Camarillo, USA and Hillsboro, USA. This will reduce our group’s complexity costs and help us benefit from favorable market factors.  Corporate strategy opportunities As with our joint venture in South Korea, we are evaluating opportunities to expand our strategic alliances with local partners.

We are continually working to optimize our processes in order to achieve additional cost savings and further enhance the quality of our products. We will also continue our brand investments.

We are constantly probing new market as we are planning to increase the relative share of our group-wide foreign operations considerably.

Should corresponding opportunities arise, we will examine new strategic business areas in order to drive forward our vision of clean, infinite, and fair energy supplies for the future.

Future legal group structure

As per 11 February 2010 we sold 26.5 per cent of our shares in our Korean Joint Venture SolarWorld Korea Ltd. As per 1 March 2010 we announced that we had acquired a 29 per cent stake in the newly founded Joint Venture Qatar Solar Technologies.  Group structure modified

In the course of 2010, we will convert our liaison office in Grenoble, France, established in the third quarter of 2009  Change in legal group structure into a wholly-owned subsidiary.