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SolarWorld Einstein Award 2010 presented to Nobel Laureate

SolarWorld Einstein Award 2010 presented to Nobel Laureate

SolarWorld AG bestowed the 2010 SolarWorld Einstein Award upon the Nobel Peace Prize winner and founder of the Grameen Bank Prof Muhammad Yunus

SolarWorld AG bestowed the 2010 SolarWorld Einstein Award upon the Nobel Peace Prize winner and founder of the Grameen Bank Prof. Muhammad Yunus at a presentation event in Valencia, Spain. The professor of economics from Bangladesh is thus being honored for his break-through concept of micro-credits for the poor, with the help of which millions of people worldwide managed the jump from poverty to self-sufficiency.

'Grameen has given me an unshakeable faith in human creativity and the firm belief that human beings are not born to suffer the misery of hunger and poverty,' declared Prof. Muhammad Yunus in his ceremonial address. Micro-credits have so far made possible among many other things the installation of more than 400,000 small solar power systems that ensure the energy supply to people in rural regions of Bangladesh that are far from the national grid.

'A key against poverty is decentrally available energy. With the help of the micro-credits families can afford small solar power systems to secure their incomes. Prof. Muhammad Yunus has shown how with an idea and a great deal of courage people are given a future,' said Dr.-Ing. E. h. Frank Asbeck, chairman and CEO of SolarWorld AG, during the festive award ceremony on the occasion of the 25th European Photovoltaic Conference, September 6, in Valencia, Spain. Since 2005, the group has been presenting this prestigious award of the solar industry to personalities who have acquired merits in photovoltaic technology. Since 2006, the group has additionally presented the SolarWorld Junior Einstein Award to young scientists in solar technology.

About SolarWorld AG: The SolarWorld AG Group (ISIN: DE0005108401) is a worldwide leader in offering brand-name, high quality, crystalline solar-power technology. Its strength is its fully integrated solar production. From silicon as the raw material through wafers, cells and modules all the way to turn-key solar systems, including recycling, the group combines all stages of the solar value chain. The central business activity is selling quality modules into the installation and distribution trades and crystalline wafers to the international solar cell industry. Group headquarters are located in Bonn, Germany. Production sites are to be found in Germany, the United States and South Korea. The group's largest production facilities operate in Freiberg, Germany and Hillsboro in the U.S. State of Oregon. Sustainability is the basis of the group strategy. Under the name Solar2World, the group supports care projects using off-grid solar-power solutions in emerging economies and developing countries, exemplifying sustainable economic development. Worldwide, SolarWorld employs more than 2,900 people. SolarWorld AG has been quoted on the stock exchange since 1999 and today is listed on, among others, the TecDAX, ÖkoDAX, Dow Jones STOXX 600 as well as in the sustainability indices DAXglobal Alternative Energy and NAI.

Source:http://www.ad-hoc-news.de/solarworld-einstein-award-2010-presented-to-nobel-peace--/de/News/21588357