Phoenix Solar Aktiengesellschaft / Miscellaneous
20.10.2008
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 AG builds photovoltaic plant on the roof of the German School
in Sydney, Australia
Project part of the Solar Roofs Program initiated by the German Energy
Agency (dena)
Second project of Phoenixs Australian subsidiary
Sulzemoos/Sydney, 20 October 2008 / Dr. Murray Cameron, COO of Phoenix
Solar AG, and Nicole Schneider from the Deutsche Energie-Agentur GmbH
(dena) the German Energy Agency, together with Andrea Gaffney (Australian
National Government Relations Manager), Joachim Stickel (Deputy Director of
the German International School) and other guests from politics, the
business community and the press, today attended the inauguration ceremony
of a PV plant installed on the roof of the German International School in
Sydney, Australia.
The project, carried out by Phoenix Solar AG's subsidiary, is part of
denas Solar Roofs Program which is aimed at supporting German solar
companies in developing foreign markets.
Phoenix Solars part in this photovoltaic roof project was to be
responsible as the general contractor for the concept, planning, delivery
and construction of the power plant. 'The installation of the system
mounted on the roof of the German school enabled us to contribute our
experience and know-how in the construction of PV plants and systems
technology to a relatively young market, thereby supporting the development
of the Australian photovoltaic industry', commented Christian Bindel,
managing director of Phoenix Solar Pty Ltd which has its headquarters in
Adelaide, Australia.
The roof-mounted system will have a peak power output of
10 kilowatts and generate around 12,600 kilowatt hours of solar
electricity. Moreover, the installation of the PV system will cut the
emission of environmentally damaging carbon dioxide by around 10,700
kilograms. 'The project is a great way of demonstrating photovoltaic
technology to our children at school and to create an early understanding
of todays most advanced way of generating electricity,' underlines Joachim
Stickel, Deputy Director of the School.
This is the second project to be completed by the Australian subsidiary of
Phoenix Solar AG, headquartered in Adelaide, since its entry into the
Australian market in July 2008. At the beginning of October, a
ground-mounted photovoltaic system with a peak power output of 6.4
kilowatts, was inaugurated in the presence of Peter Garrett, Australian
Minister of the Environment, in the 'Desert Knowledge Australia Solar
Centre' in Alice Springs. A total of 14 photovoltaic systems, built with
different technologies and mounting systems, can be compared with one
another at this centre. Phoenix Solar installed a photovoltaic system using
thin-film technology and a mounting system specially developed by the
company itself. The output of the various test systems is measured, and
real time data is transmitted to an interactive website.
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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 undertakes the
operation of 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.
About the German Energy Agency (dena)
The Deutsche Energie-Agentur GmbH (dena) the German Energy Agency is
the German competence centre for energy efficiency and renewable energies.
Its core objectives include the rational and thus environmentally
compatible production, conversion and use of energy, and the development of
sustainable energy systems with a greater emphasis on renewable energy
sources Its shareholders are the Federal Republic of Germany, the KfW
Bankengruppe (KfW banking group), Allianz SE, Deutsche Bank AG and DZ BANK
AG. www.dena.de/en
About the Solar Roofs Program
The 'dena Solar Roofs Program for Foreign Market Development' was developed
by the Deutsche Energie-Agentur GmbH (dena) the German Energy Agency.
Over the past four years, this program which is supported by the Federal
Ministry of Economics and Technology has supported German solar energy
firms introducing services and products to international markets. The dena
Solar Roofs Program provides a framework for the planning and installation
of solar thermal energy and photovoltaic power systems in promising foreign
markets, often at German international schools or Goethe-Institutes. The
initiative delivers training programs, public relations and marketing
efforts to accompany these installations. The goal of these beacon
projects is to demonstrate the high quality of German renewable energy
products and systems.
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 20.10.2008
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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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DGAP-News: Phoenix Solar Aktiengesellschaft AG builds photovoltaic plant on the roof of the German School in Sydney, Australia
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