DGAP-News: Phoenix Solar Aktiengesellschaft: Phoenix Solar AG builds a 4.7 megawatt solar park for s

DGAP-News: Phoenix Solar Aktiengesellschaft: Phoenix Solar AG builds a 4.7 megawatt solar park for solarcomplex AG in the region of Lake Constance

ID: 34597

(firmenpresse) - DGAP-News: Phoenix Solar Aktiengesellschaft / Key word(s):
Miscellaneous
Phoenix Solar Aktiengesellschaft: Phoenix Solar AG builds a 4.7
megawatt solar park for solarcomplex AG in the region of Lake
Constance

12.07.2011 / 14:08

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Phoenix Solar AG builds a 4.7 megawatt solar park for solarcomplex AG in
the region of Lake Constance

* The solar park is to be built along the railway tracks from
Stockach to Radolfzell
* More projects in Germany in the second half of the year

Sulzemoos, 12 July 2011 / Phoenix Solar AG (ISIN DE000A0BVU93), a leading
international photovoltaic system integrator listed on the German TecDAX,
has been commissioned as EPC contractor by Singen-based solarcomplex AG to
build a solar park with a peak power of around 4.7 megawatts in
Bodman-Ludwigshafen. Solarcomplex AG is a regional supplier of renewable
energies specialised in realising power plants in the region of Lake
Constance. The solar park is to be constructed on around 800 metres of land
on both sides of the railway tracks from Stockach to Radolfzell. Since the
summer of 2010, only ground-mounted photovoltaic plants on sites already
sealed or conversion sites or within a 110-metre corridor along motorways
or railway tracks are eligible for promotion under the German Renewable
Energies Act.

Phoenix Solar has been working together with solarcomplex AG since 2005. A
number of rooftop and ground-mounted projects in the one-digit megawatt
range have been realised to date. 'We are delighted that, in the
Bodman-Ludwigshafen project, we are continuing our long-standing
cooperation with solarcomplex AG. Following the first half-year, which was
dominated by international projects, we will be concentrating increasingly
on projects in Germany in the second half', stated Ralph Schneider,




Executive Vice President Solar Energy Investments of Phoenix Solar.

A total of more than 58,500 First Solar modules and inverters from SMA will
be used to build the solar power plant. The anticipated energy yield comes
to almost 4.9 million kilowatt hours a year. Completion of the project has
been scheduled for the end of August 2011.

'As a regional supplier for renewable energies, solarcomplex AG pursues the
goal of having switched a large part of the energy supply in the area of
Lake Constance to renewable energies by 2030. We therefore place special
importance on our photovoltaic plants being built to very high standards.
The good experience we had in our cooperation led us to decide for Phoenix
Solar AG again, and we are looking forward to more joint projects in the
future', said Achim Achatz, Board Member of solarcomplex AG.

About Phoenix Solar AG
Phoenix Solar AG, which has its headquarters in Sulzemoos near Munich, is a
leading international photovoltaic system integrator. The Group achieved
total revenues of EUR 636 million and an EBIT of EUR 36.4 million in the
financial year 2010. The company develops, plans, builds and takes over the
operation of large-scale photovoltaic plants and is a specialist wholesaler
for complete power plants, solar modules and accessories. The Group is a
leader in photovoltaic system technology. It focuses on the consistent
lowering of system costs. With a sales network throughout Germany, and
subsidiaries in Spain, Italy,Greece, France, Singapore, Malaysia, Oman,
Australia and the United States of America, the Group currently has a
workforce of more than 400 employees. The shares of Phoenix Solar AG (ISIN
DE000A0BVU93) are listed on the official market (Prime Standard) of the
Frankfurt Stock Exchange and on the TecDAX, Deutsche Börse AG's technology
index.

Contact:
Phoenix Solar AG
Jutta Stolp
Hirschbergstrasse 8
85254 Sulzemoos
Germany

Tel.: +49 (0)8135 938-315
Fax: +49 (0)8135 938-399
j.stolp(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. Murray Cameron, Sabine
Kauper, Ulrich Reidenbach
Head of Supervisory Board: J. Michael Fischl


End of Corporate News

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12.07.2011 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
Deutschland
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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131751 12.07.2011

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Datum: 12.07.2011 - 14:08 Uhr
Sprache: Deutsch
News-ID 34597
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