DGAP-News: Phoenix Solar Aktiengesellschaft: Phoenix Solar AG to build solar park on military conversion site in Saxony-Anhalt
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Phoenix Solar Aktiengesellschaft: Phoenix Solar AG to build solar park
on military conversion site in Saxony-Anhalt
13.12.2012 / 09:32
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Phoenix Solar AG to build solar park on military conversion site in
Saxony-Anhalt
- Solar park with a peak power of 4.2 megawatts supplies power for more
than 1,100 households
- Extensive revitalisation measures necessary
Sulzemoos 13.12.2012 / Phoenix Solar AG (ISIN DE000A0BVU93), a leading
international photovoltaic system integrator listed in Prime Standard of
the Frankfurt Stock Exchange, has been commissioned to build a solar plant
with a peak power of 4.2 megawatts in the district of Jerichower Land,
Saxony-Anhalt. A number of compensatory measures for the environment and
nature conservation will be implemented on the former military base through
the construction project.
Phoenix Solar AG has supported the client in developing the project and is
now responsible for the planning, delivery and construction of the solar
park. Around 18,000 crystalline solar modules and SMA inverters will be
used on an area of approximately seven hectares. Phoenix Solar and the
investor intend to build the power plant to completion as early as January
2013.
With a construction project involving, for example, the building of a solar
park, the Conservation Act of the Federal State of Saxony-Anhalt requires
the operator to carry out what are known as compensatory measures: In the
case of this project, these measures include the development and
maintenance of a wet, species-poor fallow meadow covering an area of 13,000
m², the landscaping of the edge of a forest rich in structure and species,
the installation of nesting boxes for bats and the piling up of stones to
encourage habitation by lizards and other species.
The first afforestation of half a hectare of deciduous forest is also part
of the measures, along with the planting of a richly structured hedge from
local shrub species which provides an important habitat for the animal
world while enhancing the countryside. With all these measures today's
photovoltaic power plants make a significant contribution to renaturation -
the regeneration of near-natural habitats on sites previously used for
military purposes.
This solar park will benefit not only the climate and nature but also the
local community through trade tax revenue. The maintenance of grassland and
of the photovoltaic power plant will be performed by companies in the
region.
About Phoenix Solar AG
Phoenix Solar AG, which has its headquarters in Sulzemoos near Munich, is a
leading international photovoltaic system integrator. The Group develops,
plans, builds and operates large-scale photovoltaic plants and is a
specialist wholesaler for turnkey power plants, solar modules and
accessories. With sales operations throughout Germany and subsidiaries on
three continents, the company has sold solar modules with an output of more
than one gigawatt since its founding. The shares of Phoenix Solar AG (ISIN
DE000A0BVU93) are listed on the official market (Prime Standard) of the
Frankfurt Stock Exchange. www.phoenixsolar-group.com
Contact:
Phoenix Solar AG
Dr. Joachim Fleing
Investor Relations Representative
Hirschbergstrasse 8
85254 Sulzemoos
Germany
Tel.: +49 (0)8135 938-315
Fax: +49 (0)8135 938-399
j.fleing(at)phoenixsolar.de
www.phoenixsolar-group.com
Local Court of Munich HRB 129117
Ust-ID Nr. DE 812868419
Board of Directors: Dr. Andreas Hänel (CEO), Dr. Bernd Köhler, Dr. Murray
Cameron
Head of Supervisory Board:
J. Michael Fischl
End of Corporate News
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13.12.2012 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: Phoenix Solar Aktiengesellschaft
Hirschbergstraße 8
85254 Sulzemoos
Germany
Phone: +49 (0)8135-938-000
Fax: +49 (0)8135-938-099
E-mail: kontakt(at)phoenixsolar.de
Internet: www.phoenixsolar-group.de
ISIN: DE000A0BVU93
WKN: A0BVU9
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München (m:access), Stuttgart
End of News DGAP News-Service
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