DGAP-News: S.A.G. Solarstrom AG: S.A.G. Solarstrom AG increases photovoltaic power plant portfolio to 18.6 MWp
(firmenpresse) - S.A.G. Solarstrom AG / Key word(s): Miscellaneous
08.11.2010 14:32
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Corporate News
S.A.G. Solarstrom AG increases photovoltaic power plant portfolio to 18.6
MWp
- 6.8 MWp of the extremely attractive Stribro project has been included in
own portfolio
- Targeted strengthening of the high-margin business area Power Production
Freiburg, November 8, 2010. S.A.G. Solarstrom AG (German security
identification number: 702 100, ISIN: DE0007021008) has decided to take
over 6.8 MWp of the 13.6 MWp project in Stribro, Czech Republic, into their
own power plant portfolio and to thus further strengthen the business area
Power Production. This extends the power plant portfolio to 74 systems with
a total of 18.6 MWp. The project in Stribro has an excellent performance
ratio of 84.9%, which was reached due to technical optimization during the
planning and construction phases, so that the financed system is generating
attractive earnings.
'We want to further strengthen our power plant park. On the one hand, an
attractive portfolio for eco-power generation opens up long-term strategic
opportunities for potential investors, which enable us to grow faster,
while on the other hand, it gives us the opportunity to collect further
data on the long-term performance of various systems', says Dr. Karl
Kuhlmann, CEO of S.A.G. Solarstrom AG.
The 13.6 MWp system was installed in 2009 on a former military base in
Stribro and was connected to grid at the end of 2009. The project,
implemented together with a Czech joint venture partner, is financed on a
long-term basis. By presorting the modules used, mismatch losses could be
minimized and line and transformer losses limited, so that the performance
ratio of the system is an excellent 84.9%. The whole system generates
around 14,000 MWh of electricity per year, which can supply at least 3,000
four-person households.
'Even taking into account the solar tax that is currently being discussed
but not yet decided upon by the Czech government, the system remains a
highly interesting asset in the long-term,' says Dr. Karl Kuhlmann in
conclusion.
About S.A.G. Solarstrom AG
S.A.G. Solarstrom AG (German security identification number: 702 100, ISIN:
DE0007021008) of Freiburg i.Br., Germany, are a manufacturer-independent
provider of high-quality photovoltaic plants configured to customers'
individual needs. The group constructs efficient plants of all sizes both
in Germany and abroad. S.A.G. Solarstrom AG also produce solar energy at
their own plants.
S.A.G. Solarstrom AG's service portfolio covers the entire life cycle of
photovoltaic plants, including forecast and energy services, yield reports,
remote and plant maintenance, as well as insurance and financing. The group
thus offers a comprehensive value chain in photovoltaics, from yield
reports, planning, construction, operations, and monitoring to
optimization, repowering, and deconstruction.
Founded in 1998, S.A.G. Solarstrom AG are considered pioneers in the solar
industry. Around 175 specialists work at the four locations in Germany and
the foreign subsidiaries.
S.A.G. Solarstrom AG are listed in the General Standard of the Frankfurt
Stock Exchange as well as according to the rules and standards M:access of
the Munich Stock Exchange.
Further information: www.solarstromag.comContact:
S.A.G. Solarstrom AG
Sasbacher Straße 5
79111 Freiburg
Germany
www.solarstromag.com
Public Relations / Investor Relations
Jutta Lorberg
phone: +49-(0)761-4770-311
Armin Baltzer
phone: +49-(0)761-4770-368
e-mail: pr(at)solarstromag.com / ir(at)solarstromag.com
08.11.2010 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: S.A.G. Solarstrom AG
Sasbacher Str. 5
79111 Freiburg
Deutschland
Phone: + 49 761 4770 0
Fax: + 49 761 4770 555
E-mail: mail(at)solarstromag.com
Internet: www.solarstromag.com
ISIN: DE0007021008
WKN: 702100
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Hamburg, München (m:access), Düsseldorf,
Berlin, Stuttgart
End of Announcement DGAP News-Service
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Datum: 08.11.2010 - 14:32 Uhr
Sprache: Deutsch
News-ID 32514
Anzahl Zeichen: 0
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Kategorie:
Business News
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