DGAP-News: Phoenix Solar Aktiengesellschaft: Phoenix Solar subsidiary to build largest PV power plant in Singapore


Phoenix Solar Aktiengesellschaft / Miscellaneous

02.10.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Phoenix Solar subsidiary to build largest PV power plant in Singapore

•181 kWp on the new Lonza Biologics building
•Largest order to date

Sulzemoos/Singapore 02/10/2008 / Phoenix Solar Pte Ltd won its largest
order to date last week in Singapore. Next year, Phoenix Solar AG’s
subsidiary will plan and build a photovoltaic power plant with a peak
output of 181 kilowatt for the Swiss biotech company Lonza Biologics Tuas
Pte Ltd (Lonza).

Upon its completion, the Lonza Biologics building, which is currently under
construction, will house Lonza’s second largest production facility. 'The
decision to invest in renewable energy in this new building is part of our
environmental stewardship. We selected Phoenix Solar for their strong
industry experience, professionalism and reputation for quality,' said
Stephen Keane of Lonza.

The power plant with a peak output of 181 kW will be installed on the roof
of the southwest wing of the new Lonza building. Phoenix Solar is
responsible for the planning and turnkey completion of the plant. Moreover,
the system will include real-time performance monitoring, an energy output
display unit and remote internet monitoring.

'We are proud to have been chosen to realise this ground breaking project
for Lonza. Upon its completion in June of next year, the power plant will
be the largest photovoltaic system in Singapore. This project will serve as
a benchmark that will pave the way for future developments', commented
Christophe Inglin, Managing Director of Phoenix Solar in Singapore.

Phoenix Solar completed a special type of flagship project last weekend on
the roof of the Singapore FreePort Sky Lounge in Singapore’s Fullerton
Hotel: It built a temporary solar PV canopy for around 200 VIP guests who
watched the three-day Formula 1 event from the hotel’s roof terrace. The
canopy will now be taken down and donated to a government organisation. It
will then be reassembled and used for training purposes.

______________________
About Phoenix Solar AG
Phoenix Solar AG, which has its headquarters in Sulzemoos near Munich, is a
leading international photovoltaic systems integrator. Until June 2007, the
company, which was set up in 1999, went by the name of Phönix SonnenStrom
AG. With total revenues of EUR 260 million, the Group's EBIT came to EUR
22.3 million in the financial year 2007. The Phoenix Solar Group
anticipates sales of EUR 370 million, generated in Germany and abroad, for
the financial year 2008. Phoenix Solar AG plans, builds and operates large
photovoltaic plants and is a specialist wholesaler for complete power
plants, solar modules and accessories. The Group is a leader in
photovoltaic systems technology. It focuses on the consistent lowering of
system costs. With a sales network which covers the whole of Germany and
subsidiaries in Spain, Italy, Greece, Singapore and Australia, the Group
currently has a workforce of more than 200 employees. The shares of Phoenix
Solar AG (ISIN DE000A0BVU93) are listed on the official market (Prime
Standard) of the Frankfurt Stock Exchange. On 25 March 2008, the shares of
the company were admitted to the TecDAX technology index of Deutsche Börse
AG.



Contact:
Phoenix Solar AG
Anka Leiner
Investor Relations
Hirschbergstraße 8
D-85254 Sulzemoos

Tel. +49 (0) 8135 938-315
Fax: +49 (0) 8135 938-399
a.leiner@phoenixsolar.de
www.phoenixsolar.de

Amtsgericht München HRB 129117 
Ust-ID Nr. DE 812868419 



DGAP 02.10.2008 
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Language:     English
Issuer:       Phoenix Solar Aktiengesellschaft
              Hirschbergstraße 8
              85254 Sulzemoos
              Deutschland
Phone:        +49 (0)8135-938-000
Fax:          +49 (0)8135-938-099
E-mail:       kontakt@phoenixsolar.de
Internet:     http://www.phoenixsolar.de
ISIN:         DE000A0BVU93
WKN:          A0BVU9
Indices:      TecDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, Hamburg, Düsseldorf, München, Stuttgart
End of News                                     DGAP News-Service
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