DGAP-News: Phoenix Solar Aktiengesellschaft / Key word(s):
Miscellaneous/Product Launch
Phoenix Solar Aktiengesellschaft: Phoenix Solar USA: inauguration of
Volkswagen Chattanooga Solar Park
23.01.2013 / 17:00
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Phoenix Solar USA: inauguration of Volkswagen Chattanooga Solar Park
- Ground-mounted photovoltaic power plant with a peak power of 9.5
megawatts on the Volkswagen factory site in Chattanooga begins power
production
- Successful completion of the largest project so far of Phoenix Solar's
US subsidiary
- Largest solar park in Tennessee connected to the grid
Sulzemoos 23 January 2013 / Phoenix Solar AG (ISIN DE000A0BVU93), a leading
international photovoltaic system integrator listed in Prime Standard of
the Frankfurt Stock Exchange, reports that Phoenix Solar Inc., its US
subsidiary, has installed a solar power plant with a peak output of 9.5
megawatts on the factory site of Volkswagen in Chattanooga, Tennessee, USA.
The solar park was officially inaugurated today. The customer commissioning
the US subsidiary's largest project so far is the Silicon Ranch Corporation
which signed a strategic alliance with Phoenix Solar in 2011. The aim of
this alliance is to develop and realise photovoltaic plants in the
Southeast of the USA. The solar power plant, built on the premises of
Volkswagen, is the largest power plant in Tennessee and the automobile
manufacturer's biggest worldwide.
Phoenix Solar Inc. was responsible for planning, delivering the components
and realising the solar park. The Phoenix Solar Group also offers operation
and maintenance services and currently monitors solar power plants with a
peak power of significantly more than 200 megawatts all over the world.
As the owner of the plant, Silicon Ranch has signed a 20-year contract with
Volkswagen for the supply of photovoltaic electricity. Volkswagen uses the
green electricity to power its production, with solar power contributing
12.5 percent of the energy required for full production and 100 percent in
non-production periods. The expected yield of the approximately 33,600
crystalline solar modules manufactured by JA Solar is around 13.1 gigawatt
hours of solar electricity a year.
More than 3,000 employees work at the Chattanooga site which produces the
new Passat specially developed by Volkswagen for the North American market.
Through its sustainable and environmentally compatible production,
Volkswagen has already received several awards and, as the world's first
automobile manufacturer, won the LEED Platinum Certificate (Leadership in
Energy and Environmental Design) in December 2011.
Frank Fischer, CEO and Chairman of Volkswagen Chattanooga, said: 'We are
proud to power up the biggest solar park of any car manufacturer in North
America today. The solar park,' he said, 'is another proof point of
Volkswagen's worldwide commitment to environmental protection under its
'Think Blue Factory' philosophy, a broadly focused initiative for all VW
plants to achieve more efficient use of energy, materials and water.' Mr.
Fischer added, 'Powering up the solar park also validates the awarding of
the LEED Platinum Certificate to Volkswagen Chattanooga, which is still the
only car factory in the world that has earned such an honour.
Matthew Kisber, President and CEO of Silicon Ranch stated: 'We're proud to
partner with VW on this important project. Today's power-up launch not only
greatly enhances the energy efficiency of VW's Chattanooga plant and
reaffirms its place as a true global environmental leader, but it also
symbolizes the beginning of a new era in manufacturing operations
throughout the region and worldwide. The scope of this solar park and the
breadth of how much of the sun's energy will be harnessed here will most
certainly have a powerful and lasting positive impact on both our
environment and our economy.'
Dr. Murray Cameron, Chief Operating Officer of Phoenix Solar AG and
President and CEO of Phoenix Solar Inc. said that: 'The US is set to
develop into one of the world's largest markets for photovoltaics in the
years ahead. Through its collaboration with Silicon Ranch, the Phoenix
Solar team has created a sound basis for securing success in this market.
We are proud to have had the opportunity of providing proof of our
experience in the planning and construction of large-scale solar power
plants for Volkswagen.
For more information and pictures of the Volkswagen Chattanooga Solar Park
please visit:
http://www.phoenixsolar-group.com/business/us/en/about-us/news/vw.html or
our press site on our group website:
http://www.phoenixsolar-group.com/en/press/presskits.html
About Phoenix Solar AG
Phoenix Solar AG, which has its headquarters in Sulzemoos near Munich, is a
leading international photovoltaic system integrator. The Group develops,
plans, builds and operates large-scale photovoltaic plants and is a
specialist wholesaler for turnkey power plants, solar modules and
accessories. With sales operations throughout Germany and subsidiaries all
over the world, the company has sold solar modules with an output of more
than one gigawatt since its founding. The shares of Phoenix Solar AG (ISIN
DE000A0BVU93) are listed on the official market (Prime Standard) of the
Frankfurt Stock Exchange. www.phoenixsolar-group.com
About Volkswagen in Chattanooga
Volkswagen has invested $1 billion in the local economy for the Chattanooga
plant and has created more than 5,000 jobs in the region. According to
independent studies, the Volkswagen plant is expected to generate $12
billion in income growth and an additional 9,500 jobs related to the
investment. The Chattanooga manufacturing facility builds the all-new 2012
Passat Sedan, specially designed for the North American market and winner
of the Motor Trend magazine 2012 Car of the Year award.
About Silicon Ranch
The Silicon Ranch Corporation ('Silicon Ranch') develops and operates
large-scale solar facilities. Silicon Ranch is distinguished from other
developers by its ability to deliver a green energy solution that addresses
the environmental, business and workforce issues associated with
successfully expanding solar capacity and green jobs. Silicon Ranch has
gained prominence as a low-cost producer of solar energy by focusing on
creating efficiencies through every step of the deployment process, thereby
increasing capital investments in clean energy.
Contact:
Phoenix Solar AG
Dr. Joachim Fleing
Investor Relations Representative
Hirschbergstrasse 8
85254 Sulzemoos
Germany
Tel.: +49 (0)8135 938-315
Fax: +49 (0)8135 938-399
j.fleing@phoenixsolar.de
www.phoenixsolar-group.com
End of Corporate News
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Language: English
Company: Phoenix Solar Aktiengesellschaft
HirschbergstraÃe 8
85254 Sulzemoos
Germany
Phone: +49 (0)8135-938-000
Fax: +49 (0)8135-938-099
E-mail: kontakt@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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199728 23.01.2013
DGAP-News: Phoenix Solar Aktiengesellschaft: Phoenix Solar USA: inauguration of Volkswagen Chattanooga Solar Park
| Source: EQS Group AG