Phoenix Solar connects floating photovoltaic (PV) system to the grid (with additional features)

Phoenix Solar connects floating photovoltaic (PV) system to the grid (with additional features)

ID: 269266

(firmenpresse) - (DGAP-Media / 13.06.2013 / 10:15)

Phoenix Solar connects floating photovoltaic (PV) system to the grid

- Pilot project helps to explore new opportunities for PV systems

Sulzemoos, 13 June 2013 / Phoenix Solar Pte Ltd., the Singapore based
subsidiary of Phoenix Solar AG (ISIN DE000A0BVU93) has successfully
connected to the grid the first floating photovoltaic (PV) system in
Southeast Asia. The 5kWp system is a pilot project located in the Pond
Gardens of Bishan Park. The project is a privately funded collaboration led
by Phoenix Solar with the gracious cooperation of the National Parks Board.
The solar modules are manufactured in Singapore and donated by REC Modules
Pte Ltd.

The floating PV installation uses 20 REC Peak Energy Series solar modules,
fixed at a 10 degree angle and placed on interlocking UVresistant floating
structures. The system is anchored to the lake bed at four points, with the
current produced by the panels sent to land via marine-grade submersible
cables.

For a year Phoenix Solar will test the suitability of the floating PV
system installed on fresh water. Phoenix Solar has installed multiple
sensors measuring criteria such as solar irradiation, temperature and
humidity that will accurately track the performance of the system and
provide valuable data for research.

Phoenix will closely monitor the pilot project to study the environmental
impact on water quality, flora and fauna, and to quantify a number of
anticipated benefits. (i) The water cooling effect should improve solar
cell efficiency. (ii) By covering expanses of water, the floating PV should
reduce evaporation of valuable fresh water. (iii) Restricted penetration of
sunlight in the water bodies should impede the growth of undesirable algae.
Scaled up sufficiently, floating PV is an excellent complement for existing
hydro power plants, helping to conserve the reservoir volumes while




generating power.

Floating PV is also an attractive option for land scarce countries with
high density of water bodies such as Singapore.

About Phoenix Solar AG
Phoenix Solar AG, which has its headquarters in Sulzemoos near Munich, is
an 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
subsidiaries on three continents, the company has sold solar modules with
an output of significantly 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.de



Caption: Phoenix Solar Pte Ltd has successfully connected to the grid the
first floating photovoltaic (PV) system in Southeast Asia. The 5kWp system
is a pilot project located in the Pond Gardens of Bishan Park.

For a high resolution copy please contact j.fleing(at)phoenixsolar.de or check
the press section at www.phoenixsolar-group.com




Contact:
Phoenix Solar AG
Dr. Joachim Fleing
Investor Relations Representative
Tel.: +49 (0)8135 938-315
Fax: +49 (0)8135 938-399
j.fleing(at)phoenixsolar.de
www.phoenixsolar-group.com


End of Media Release

+++++
Additional features:

Picture:
http://newsfeed2.equitystory.com/phoenixsonnenstrom/216196.html

Subtitle: Photovoltaik hat Oberwasser. Phoenix Solar Singapur baute
diese schwimmende Versuchsanlage in den Wassergärten des Bishan Parks.

Document: http://n.equitystory.com/c/fncls.ssp?u=KCNNKYBJVQ

Document title: Floating PV in Singapore (Photo)

---------------------------------------------------------------------

Issuer: Phoenix Solar Aktiengesellschaft
Key word(s): Research/Technology

13.06.2013 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group 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

---------------------------------------------------------------------


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-Media
---------------------------------------------------------------------
216196 13.06.2013


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Datum: 13.06.2013 - 10:15 Uhr
Sprache: Deutsch
News-ID 269266
Anzahl Zeichen: 6626

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