DGAP-News: Q.CELLS wins contract for four solar projects in Greece

DGAP-News: Q.CELLS wins contract for four solar projects in Greece

ID: 123615

(firmenpresse) - DGAP-News: Q-Cells SE / Key word(s): Miscellaneous/Miscellaneous
Q.CELLS wins contract for four solar projects in Greece

12.03.2012 / 11:53

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PRESS RELEASE

Q.CELLS wins contracts for four solar projects in Greece

- Four solar plants with a total output of 2.4 MWp in the Commercial&Industrial (C&I) segment

- Q.CELLS modules installed at two ground-mounted and two rooftop sites

- Q.CELLS to exhibit at Greece's Ecotec trade (15-18 March)

Bitterfeld-Wolfen, 12 March 2012 - Q.CELLS, one of the world's leading
photovoltaics companies, has won contracts for four C&I solar projects in
the central Greek region of Thessaly. The planned solar power plants have
a combined electricity output of approximately 2.4 MWp, which represents
enough
green power for over 700 households in Greece - a country with more than
enough of that vital resource, sunshine. Two systems with 500 kilowatt-peak
(kWp) will be constructed on an open-field site near the town of Larisa,
while the two others will be mounted on industrial buildings' rooftops in
the Larisa (530 kWp) and Farsala (830 kWp).

These undertakings represent yet another milestone in Q.CELLS' process of
international expansion.
Clemens Jargon, head of sales&marketing and product management at
Q-Cells, says, 'We are extremely pleased to have an impressive debut on the
Greek solar market with these contracts. The country's photovoltaic (PV)
market has tremendous potential, and Q-CELLS will continuously strengthen
its position as partner for customers and supplier of PV quality products
and
system solutions for a wide range of business segments in this
sun-kissed country.'

Greece is currently on its way to becoming a key future market for the
photovoltaics industry. Right now, the country has approved planning




permission for PV projects with a combined output of approximately 2 GWp,
with 0.5-2 MWp being the average size of these undertakings.

The full range of Q.CELLS products is on offer in Greece, comprising
everything from solar cells to modules and PV systems. Thanks to the close
intertwinement between our research, development and production facilities
in Germany, Q.CELLS is in a technologically leading position - in 2011
alone, we set six world records in product efficiency. Along with efficient
energy generation, our solar cells' safety standards and excellent output
levels are crucial reasons why they are popular with our international
clients. Q.CELLS has developed a quality assurance system which is unique
within the solar cells industry. The so-called Q.CELLS Yield Security
ensures that our solar modules have eliminated PID and hot spots, and each
product has a unique ID that enables us to trace it back through the entire
production process to its ultimate source.

For the realisation of PV-projects Q.CELLS' Greek customers can enjoy the
proven, comprehensive range of services: site and project development,
support in obtaining financing, professional and timely installation. We
also offer to oversee the running of a power plant and undertake
maintenance work during its entire operative lifespan. Q.CELLS has
developed its own standards for these and related business processes,
thereby guaranteeing sites' owners maximum investment security by ensuring
reliable electricity output while simultaneously lowering operating costs.
Since its foundation, Q-Cells has installed solar cells with a combined
output of 460 MW, making us one of the top system integration experts in
the world.

NOTIFICATION: We're looking forward to seeing you at the 2012 Ecotec trade
fair in Athens, running from 15-18 March. We will be at stand no. 12 in
hall 5 and visitors will have the chance to learn at first hand about our
ground-breaking Q.CELLS technology. One product we'll have on display is
our Q.FLAT system, ideal for flat roofs and especially well suited to the
conditions prevalent on industrial facilities' rooftops in Greece. Q.CELLS
will be present at the trade fair with our Greek business partner, Pacific
Renew Energy.

CONTACT

Q-Cells SE

OT Thalheim, Sonnenallee 17-21

06766 Bitterfeld-Wolfen, Germany

WEB www.q-cells.de



Q.CELLS Corporate Communications

Ina von Spies, Alberta Rohardt

TEL +49 (0)3494 6699 10121

FAX +49 (0)3494 6699 10000

EMAIL presse(at)q-cells.com



Q.CELLS contact in Greece

Konstantinos Santikos

Sales Director Greece&Cyprus

TEL +49 (0)30 889278-193

FAX +49 (0)30 889278-445

EMAIL k.santikos(at)q-cells.com



About Q.CELLS

The Q.CELLS Group is one of the world's leading photovoltaics companies and
offers a wide range of photovoltaic solutions, from solar cells and modules
to solar power plants. Q.CELLS's products are developed and manufactured at
its headquarters in Bitterfeld-Wolfen (Germany) and marketed via its global
sales network. It also has a second production plant in Malaysia. More than
200 scientists and engineers at Q.CELLS are working to swiftly advance
solar technology and achieve Q.CELLS' twin aims: driving down the costs of
photovoltaics quickly and permanently, and making solar power competitive.
The close links between R&D and production enable Q.CELLS to rapidly
translate cutting-edge innovation into mass production - and underpin its
ambition to be at the forefront of photovoltaic technology. Q-Cells SE is
quoted in the Prime Standard on the Frankfurt Stock Exchange (QCE; ISIN
DE0005558662).


Executive Board: Dr Nedim Cen (CEO, CFO), Dr Andreas von Zitzewitz (COO,
CSO)

Chairman of the Supervisory Board: Prof Dr h c Karlheinz Hornung


End of Corporate News

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12.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Q-Cells SE
Sonnenallee 17-21, OT Thalheim
06766 Bitterfeld-Wolfen
Germany
Phone: +49 (0)3494 - 6699-0
Fax: +49 (0)3494 - 6699-199
E-mail: q-cells(at)q-cells.com
Internet: www.q-cells.com
ISIN: DE0005558662, Wandelanleihe 2012: DE000A0LMY64,
Wandelanleihe 2014: DE000A1AGZ06, Wandelanleihe 2015:
DE000A1E8HF6
WKN: 555866
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart


End of News DGAP News-Service
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160152 12.03.2012


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Datum: 12.03.2012 - 11:53 Uhr
Sprache: Deutsch
News-ID 123615
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