Phoenix Solar Aktiengesellschaft / Miscellaneous
04.05.2010 07:01
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Phoenix Solar AG to build solar parks for German utility
*Stadtwerke Trier opts for photovoltaics
*Solar parks with a total peak power of 7.8 megawatts in Fell and Bitburg
Sulzemoos 4 May 2010 / Phoenix Solar AG (ISIN DE000A0BVU93), a leading
photovoltaic system integrator listed on the German TecDAX, is to build two
solar parks for SWT Stadtwerke Trier (city utility of Trier) with a peak
power totalling 7.8 megawatts. Phoenix Solar won the bid in a tendering
process for the delivery and assembly of the power plants in Fell in the
district of Trier-Saarburg and in Bitburg in the district of Eifelkreis
Bitburg-Prüm, Rhineland-Palatinate.
The Phoenix Solar AG construction team will commence construction work this
week in Bitburg. In the weeks ahead more than 72,000 solar modules of First
Solar, the market leader for thin-film modules, will be installed. The
solar park's peak power comes to more than 5.6 megawatts. More than 28,000
First Solar modules, generating a peak power of around 2.2 megawatts, are
to be assembled in Fell. The tasks of Phoenix Solar also include the
delivery and installation of data monitoring as well as setting up the data
link to SWT's control system. Phoenix Solar will hand over the solar power
plants in a turnkey state in June to SWT which will then connect them to
the grid. Both solar power plants together produce around 8.2 million
kilowatt hours of solar electricity a year which is sufficient to supply
2,300 households in the Trier region.
As in the past when solar parks were built in the region of Trier,
Bürgerservice Trier will carry out the excavation work for the Fell
project. This will bring the number of solar parks on which Phoenix Solar
and Bürgerservice Trier have cooperated to eleven in total.
'We are delighted to have the opportunity of proving our long-standing
experience and our know-how in planning and building large-scale solar
power plants to energy supplier SWT. The project with Stadtwerke Trier
shows that solar energy is playing an increasingly important role in the
renewable energies mix', said Dr. Andreas Hänel, Chief Executive Officer of
Phoenix Solar AG.
'Through these two new large-scale photovoltaic plants, SWT Stadtwerke
Trier will continue to expand the decentralised production of energy in the
Trier region. All in all, we will then be operating nine power plants
generating local green electricity. By investing almost EUR 60 million over
the last three years we have been able to treble the share of renewable
energy production in the region', stated Dr. Olaf Hornfeck, SWT's Managing
Director.
This is an English translation of the German original. Only the German
version is binding.
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About Phoenix Solar AG
Phoenix Solar AG, which has its headquarters in Sulzemoos near Munich, is a
leading international photovoltaic system integrator. With total revenues
of EUR 473 million, the Group achieved an EBIT of EUR 12.2 million in the
financial year 2009. 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, Oman and
Australia, the Group currently has a workforce of more than 300 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.
About SWT Stadtwerke Trier
SWT Stadtwerke Trier provides the city of Trier reliably and competently
with electricity, gas, drinking water, heating, sewage treatment, public
transport, parking, public swimming pools, saunas and telecommunications.
SWT operates in the region as a gas and water supply utility company which
also provides engineer services as well as being responsible for material
procurement and delivery. The utility company sells the Römerstrom and
Römergas energy products throughout the whole of Germany. Cooperations in
the various areas of activity release synergy effects. Almost 1,500 jobs
depend directly and indirectly on the business activities of SWT. It is,
however, not only the commercial activities but also the extensive
promotion of culture, sport and social institutions which raise the
standard of living in Trier and the region. SWT is in the process of
gradually building up climate protection commitment in the region of Trier.
This commitment covers a range of activities, such as natural gas as a
source of fuel, a biogas research project and co-generation unit through to
the production of renewable energy using the power of the sun, wind and
water.
Contact:
Phoenix Solar AG
Anka Leiner
Investor Relations
HirschbergstraÃe 8
D-85254 Sulzemoos
Tel. +49 (0) 8135 938-315
Fax: +49 (0) 8135 938-399
a.leiner@phoenixsolar.de
www.phoenixsolar.de
Local Court of Munich HRB 129117
Board of Directors: Dr. Andreas Hänel (CEO), Manfred Bächler, Dr. Murray
Cameron, Sabine Kauper, Ulrich Reidenbach Head of Supervisory Board: J.
Michael Fischl
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Language: English
Company: Phoenix Solar Aktiengesellschaft
HirschbergstraÃe 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, Düsseldorf, München, Hamburg, Stuttgart
End of News DGAP News-Service
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DGAP-News: Phoenix Solar Aktiengesellschaft to build solar parks for German utility
| Source: EQS Group AG