DGAP-News: Phoenix Solar Aktiengesellschaft:
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Phoenix Solar Aktiengesellschaft:
19.07.2011 / 07:23
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Phoenix Solar AG to build solar power plants in France with a total peak
power of 24 megawatts
* Largest foreign contract ever won by Phoenix Solar
* Contract volume in France already well over EUR 100 million in 2011
Sulzemoos, 19 July 2011 / Phoenix Solar AG (ISIN DE000A0BVU93), a leading
international photovoltaic system integrator listed on the German TecDAX,
has been commissioned by Paris-based Akuo Energy as the EPC contractor in
charge of building two solar power plants in France. Akuo Energy is a
French independent power producer specialised in renewable energy
production from sun, wind, water and biomass all over the world. Akuo
Solar, its subsidiary, is one of the three largest operators of solar power
plants in France. The two solar parks have a peak power of almost 12
megawatts each and will be generating around 36 million kilowatt hours of
green electricity a year in the future.
'So far France is Phoenix Solar AG's most important market in 2011.
Together with the solar parks in Le Castellet and La Rouchouse, we have
already generated a contract volume of well over EUR 100 million this
financial year in France. I am also delighted that this is our first
opportunity of working together with Akuo Energy', said Dr. Andreas Hänel,
Chief Executive Officer of Phoenix Solar AG.
Work on the two power plants is scheduled to start during the summer.
Completion has been planned for the end of the year and grid connection in
2012.
'Clean renewable energy is the best way of covering our energy needs of
today and tomorrow. At the same time, it helps us to avoid harmful CO2
emissions and gives us independence from increasingly expensive fossil
energy sources', explained Romain Forest, Akuo Solar's Managing Director.
'We chose Phoenix Solar because they have the degree of commitment and the
know-how we need for realising these flagship solar power plants.'
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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19.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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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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132422 19.07.2011
Datum: 19.07.2011 - 07:23 Uhr
Sprache: Deutsch
News-ID 34630
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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