DGAP-News: Phoenix Solar to build a 707 kWp photovoltaic (PV) system in the Singapore Sports Hub

DGAP-News: Phoenix Solar to build a 707 kWp photovoltaic (PV) system in the Singapore Sports Hub

ID: 306171

(firmenpresse) - DGAP-News: Phoenix Solar Aktiengesellschaft / Key word(s): Incoming
Orders
Phoenix Solar to build a 707 kWp photovoltaic (PV) system in the
Singapore Sports Hub

16.10.2013 / 11:25

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Phoenix Solar to build a 707 kWp photovoltaic (PV) system in the Singapore
Sports Hub

- Flagship project positions photovoltaic as a future mainstream source
of electricity in Singapore

Sulzemoos, 16 October 2013 / Phoenix Solar Pte Ltd., the Singapore based
subsidiary of Phoenix Solar AG (ISIN DE000A0BVU93), an international
photovoltaic system integrator that is listed on the Prime Standard of the
Frankfurt Stock Exchange, will design and construct a 707 kWp photovoltaic
system at the Singapore Sports Hub, one of the world's largest
sports-related Public-Private Partnerships, established between the
Singapore Sports Council and SportsHub Pte Ltd.

Among other facilities, the Sports Hub will include a new 55,000-capacity
National Stadium with a retractable dome roof. The photovoltaic system will
offset the energy required by the stadium's bowl cooling system, making it
carbon-neutral. Based on a solar power purchase agreement with SportsHub
Pte Ltd. Phoenix Solar Pte Ltd will own and operate the system for the time
being.

'This is a great project for Phoenix Solar. Photovoltaic is commercially
viable today, and the Sports Hub is a perfect setting to demonstrate
integration of photovoltaic in Singapore's urban landscape' said Christophe
Inglin, Managing Director of Phoenix Solar Pte Ltd.

Constructed using REC modules and SMA inverters, the photovoltaic system
will occupy an area of approx. 7'000 m². Its prominent location within the
Sports Hub will provide a unique showcase for photovoltaic technology, with
exposure to a wide cross section of the population - both local and




international.

'We are very pleased to work with Phoenix Solar Pte Ltd. They have combined
solid technical expertise with an aesthetic design to integrate their
photovoltaic power plant in the Sports Hub campus. This is just the
beginning of the Singapore Sports Hub's plan to integrate innovative
technologies into this state-of-the-art sports, entertainment and lifestyle
hub,' said Philippe Collin Delavaud, Chief Executive Officer of SportsHub
Pte Ltd.

Bernd Köhler, CEO of Phoenix Solar AG adds: 'This exciting project is
another indication of how well positioned our Singapore subsidiary is in
its markets. Congratulations to our team for its innovative approach which
is an excellent basis for sustainable business success.'

About Phoenix Solar AG
Phoenix Solar AG, which is based at Sulzemoos, near Munich, Germany, is an
internationally operating photovoltaic system integrator. The Group
develops, plans, constructs and assumes operational management of large
photovoltaic power plants, and is a specialist wholesaler for complete
solar electricity systems, solar modules and related equipment. With its
subsidiaries on three continents, the company has sold solar modules with
an output of well over one gigawatt worldwide since it was founded. The
shares of Phoenix Solar AG (ISIN DE000A0BVU93) are listed on the Regulated
Market (Prime Standard) of the Frankfurt Stock Exchange.
www.phoenixsolar-group.de




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 Corporate News

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16.10.2013 Dissemination of a Corporate News, 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

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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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234861 16.10.2013


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Datum: 16.10.2013 - 11:25 Uhr
Sprache: Deutsch
News-ID 306171
Anzahl Zeichen: 5968

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