San Francisco, July 13, 2010 – MAGE SOLAR Inc., part of the globally operating MAGE GROUP, is progressing towards the opening of its new facility in Dublin, Georgia. The Governor of Georgia, Sonny Perdue, announced the company’s decision to position its North American headquarters in the city of Dublin in Laurens County on May 17, 2010.  MAGE SOLAR will invest $30 million to create 350 jobs within the next 5 years.

The new North American corporate campus of MAGE SOLAR will be home to the company’s headquarters, a large manufacturing facility as well as a solar academy. All administrative and operational processes necessary to serve the growing U.S. solar market will be managed by the new headquarters. The manufacturing facility for MAGE SOLAR’s crystalline photovoltaic modules will provide complete system solutions that will satisfy the market demand respectively. In the first phase, the production capacity will be 40MW with a total capacity of 800MW after the last stage of expansion. Due to the great potential of the American continent and the steadily increasing demand, the production of MAGE POWERTEC PLUS modules is scheduled to begin around the end of this year. MAGE SOLAR also plans to build an academy for solar education to promote solid solar knowledge and training in the industry.

“We are certain that we have found the perfect home for our company based on the excellent infrastructure, impressive workforce known for its productivity, integrity and skill, as well as a keenly business oriented leadership, who during the whole process also never lost focus of what is best for the future of Georgia, Laurens County and the City of Dublin,” said Norbert Philipp, CEO of the MAGE SOLAR Group.

Dublin’s strategic location, about half ways between one of the most well-connected airports in the world and the ever expanding Port of Savannah provides the solar company a logistic advantage. The primary focus of the North American subsidiary will be on the domestic market, long term however, MAGE SOLAR is also considering serving the international market outside the U.S.

“We are pleased to welcome MAGE SOLAR to Georgia as we celebrate another headquarters coming to our state. MAGE gives us the opportunity to expand our leadership position and industry competitiveness in the renewable energy sector,” said Governor Perdue. “The growth of renewable energy is important to our state and nation, so I believe MAGE SOLAR will be successful for years to come in Dublin.”

Its unique workforce training program Quick Start as well as its overall business-oriented climate make Georgia an attractive state for locating corporate headquarters and manufacturing facilities. In addition, Georgia is also home to the Center of Excellence for Photovoltaics Research and Education at Georgia Tech in Atlanta. Known for its groundbreaking research in clean, renewable energy sources, it is only one out of two centers of its kind nationwide.

Chairman of the Dublin/Laurens Development Authority, Guy Cochran, praised the decision of MAGE SOLAR to locate in Dublin, Georgia. “We are confident that MAGE SOLAR will be extremely pleased with their decision to locate in our wonderful community. Our excellent workforce and community leadership eagerly anticipate the opportunity to assist MAGE SOLAR in achieving all their corporate goals. We are committed to the immediate success of MAGE SOLAR and pledge any and all support necessary to expedite that success”.

The expansion of MAGE SOLAR’s manufacturing capacities into the North American market is a crucial step to further strengthen the company’s international position in the industry. The new North American corporate campus is designed to swiftly become a highly innovative center for photovoltaics that will exert its influence worldwide.

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MAGE SOLAR – New Energy For A New World
MAGE SOLAR Inc., currently based out of Alpharetta, GA, is on schedule to move its operations to its new production facility in Dublin, GA, the beginning of August of this year.  MAGE SOLAR specializes in complete solar systems and provides high-quality photovoltaic modules, intelligent mounting systems and high-performance brand inverters. As a subsidiary of the international MAGE GROUP, it uses the Group’s 35 years of know-how to develop optimally coordinated system solutions. A competent partner network guarantees profitable solar energy systems for customers throughout North America and in eleven further countries. In 2009, before inception of its American subsidiary, the German holding company, MAGE SOLAR GmbH, generated sales of EUR 120 million in the European market alone.

Contact:
Jennifer Allgood
Corporate Communications - USA
+1 (801) 473-5643
jennifer.allgood@magesolar.com