DGAP-News: 3W Power S.A. / AEG Power Solutions: AEG Power Solutions Announces a New Contract for 240 MW for Solar Power Plants in Eastern Europe
(firmenpresse) - DGAP-News: 3W Power S.A. / AEG Power Solutions / Key word(s): Incoming
Orders/Contract
3W Power S.A. / AEG Power Solutions: AEG Power Solutions Announces a
New Contract for 240 MW for Solar Power Plants in Eastern Europe
30.01.2013 / 07:45
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AEG Power Solutions Announces a New Contract for 240 MW for Solar Power
Plants in Eastern Europe
- Second largest contract signed by AEG Power Solutions in solar
equipment, exceeding the one signed in 2012
- This contract confirms the success of the Group's solar strategy
outside Western Europe
Zwanenburg, The Netherlands January 30, 2013. AEG Power Solutions, a
leading global manufacturer of power electronic systems and solutions for
industrial power supplies and renewable energies, opens the year by
announcing a major contract with a large Western European EPC. This deal is
the third large solar contract in Eastern Europe that the group is awarded.
It covers photovoltaic utility scale equipment and services for 240 MW. AEG
Power Solutions will provide complete electrical systems for nine
photovoltaic power plants in Eastern Europe.
The solution includes solar inverter stations based on TKS-C containerized
outdoor stations, including latest generation central inverters,
transformers and medium voltage switchgear and the most comprehensive
monitoring and supervision system (PV Guard) provided by AEG PS'
subsidiary, skytron energy. AEG Power Solutions will deliver and commission
the equipment on site.
The entire project will be delivered this year, which is a major challenge
in terms of manufacturing and commissioning.
Since 2010, AEG Power Solutions delivered and commissioned already over 450
MW in Eastern Europe, out of which 300 MW are fully in operation.
Horst J. Kayser, CEO of AEG Power Solutions, comments further: 'Reliability
and efficiency of our solutions are demonstrated in these photovoltaic
power plants and we also show our execution capabilities on very
challenging projects. This contract also illustrates that the solar market
is indeed growing and major opportunities exist outside Western Europe.
This is direct evidence of the relevance of our solar strategy.'
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About AEG Power Solutions
AEG Power Solutions (AEG PS) Group is a global provider of power
electronics systems and solutions for all industrial power requirements
offering one of the most comprehensive product and service portfolios in
the area of power conversion and power control. Two complementary
operating business segments, Renewable Energy Solutions (RES) and Energy
Efficiency Solutions (EES) serve customers worldwide. The RES product and
service portfolio consists of systems and solutions for solar power plants,
such as solar inverters, monitoring and control systems as well as power
controllers for a wide range of industrial applications such as
polysilicon, energy storage, sapphire and glass. The EES product and
service portfolio includes high-performance uninterruptable power supplies
(UPSs), industrial chargers, DC systems and converters.
Thanks to its distinctive expertise bridging both AC and DC power
technologies and spanning the worlds of both conventional and renewable
energy, the company creates innovative solutions for smart grids.
AEG PS' global footprint includes 17 subsidiaries and competence centers
around the world with 1,600 employees.
AEG Power Solutions Group is the sole subsidiary of the holding company 3W
Power S.A. (WKN A0Q5SX / ISIN GG00B39QCR01), based in Luxembourg. The Group
is headquartered in Zwanenburg in the Netherlands. The shares of 3W Power
are admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9).
For more information, visit www.aegps.com.
This communication does not constitute an offer or the solicitation of an
offer to buy, sell or exchange any securities of 3W Power. This
communication contains forward-looking statements which include, inter
alia, statements expressing our expectations, intentions, projections,
estimates, and assumptions. These forward-looking statements are based on
the reasonable evaluation and opinion of the management but are subject to
risks and uncertainties which are beyond the control of 3W Power and, as a
general rule, difficult to predict. The management and the company cannot
and do not, under any circumstances, guarantee future results or
performance of 3W Power and the actual results of 3W Power may materially
differ from the information expressed or implied in the forward-looking
statements. As a result, investors are cautioned against relying on the
forward-looking statements contained herein as a basis for their investment
decisions regarding 3W Power.
3W Power undertakes no obligation to update or revise any forward-looking
statement contained herein.
Press contact:
Ute von Cranach
Marketing Communications RES
AEG Power Solutions
Tel.: +49 2902 763 256
Mobile: +49 170 574 9094
Email: ute.voncranach(at)aegps.com
Claire Pairault
Corporate Communications
AEG Power Solutions
Tel.: +331 555511076
Mobile: +33 6 19609164
Email: claire.pairault(at)aegps.com
End of Corporate News
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30.01.2013 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,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: 3W Power S.A. / AEG Power Solutions
19, rue Eugène Ruppert
L-2453 Luxembourg
Grand Duchy of Luxembourg
Phone: +31 20 4077 863
Fax: +31 20 4077 875
E-mail: michael.julian(at)aegps.com
Internet: www.aegps.com
ISIN: GG00B39QCR01
WKN: A0Q5SX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, München, Stuttgart
End of News DGAP News-Service
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