DGAP-News: S.A.G. Solarstrom AG / Key word(s): Miscellaneous
S.A.G. Solarstrom AG: 44 MWp in the UK completed on schedule in Q1
05.04.2013 / 10:48
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S.A.G. Solarstrom AG: 44 MWp in the UK completed on schedule in Q1
Largest individual project in Wymeswold comprises 33 MWp
Freiburg, April 5, 2013. S.A.G. Solarstrom AG (German security
identification number: 702 100, ISIN: DE0007021008) has completed three
ground-mounted projects on schedule by March 31, 2013 in the UK. Power
Purchase Agreements (PPAs) have been concluded for all the systems. The
largest system, with a total of 33 MWp, has been installed in Wymeswold,
Leicestershire, on a former Royal Air Force base. Two other ground-mounted
systems, each with over 5 MWp, have been constructed in the south-west of
England. With punctual completion at the end of the first quarter, S.A.G.
Solarstrom AG proves its competence in the construction of photovoltaic
projects with power plant dimensions.
'The parallel implementation of projects of this size requires outstanding
planning and sophisticated logistics. Due to the key date regulation at the
end of March, we were also under time pressure. We nevertheless succeeded
in completing all projects on schedule. This was only possible thanks to
our excellently trained and very committed team, which was supported by
local resources', says Dr. Karl Kuhlmann, CEO of S.A.G. Solarstrom AG.
33 MWp ground-mounted system in Wymeswold
A ground-mounted system with a total output of 33 MWp has been constructed
within three months on the former Royal Air Force base in Wymeswold,
Leicestershire, approximately 190 km north-west of London, after careful
preliminary planning. The photovoltaic power plant can produce around
30,650 MWh of electricity annually and thus the equivalent of the
electricity required to supply over 8,000 four-person households.
High-quality components, including polycrystalline modules from Trina Solar
and inverters from LTi REEnergy, have been used to ensure the long-term
electricity yield for the entire project lifetime.
Two ground-mounted systems in south-west England
Two other systems, each with over 5 MWp have been completed in south-west
England. Each of the two systems can generate around 5,300 MWh annually and
thus the equivalent of the electricity required to supply 1,500 four-person
households. S.A.G. Solarstrom AG has also used high-quality components in
both these systems, in order to ensure long-term, reliable power
production. S.A.G. Solarstrom AG will also be responsible for the technical
management of all three systems.
'Even after the amendment to the ROC assessment basis, the UK still offers
very good conditions for implementing further projects in 2013, which we
already have in the planning phase', says Dr. Karl Kuhlmann, CEO of S.A.G.
Solarstrom AG.
About S.A.G. Solarstrom AG
S.A.G. Solarstrom AG (German security identification number: 702 100, ISIN:
DE0007021008) of Freiburg i.Br., Germany, is a multi-vendor provider of
high-quality photovoltaic systems configured to customers' individual
needs. The Group constructs efficient systems of all sizes both in Germany
and abroad. S.A.G. Solarstrom AG also produces solar energy at its own
plants.
S.A.G. Solarstrom AG's service portfolio covers the entire life cycle of
photovoltaic systems, including forecast and energy services, yield
reports, and remote service and maintenance, as well as insurance and
financing. The Group thus offers a comprehensive value chain in
photovoltaic power, from yield reports, planning, construction, operations,
and monitoring to optimization, repowering, and deconstruction.
The company was founded in 1998. Around 200 specialists work at the four
locations in Germany and the foreign subsidiaries.
S.A.G. Solarstrom AG is listed in the Prime Standard of the Frankfurt Stock
Exchange as well as according to the rules and standards M:access of the
Munich Stock Exchange.
More information: www.solarstromag.com
Contact:
S.A.G. Solarstrom AG
Sasbacher StraÃe 5
79111 Freiburg
Germany
www.solarstromag.com
Public Relations / Investor Relations
Jutta Lorberg
phone: +49-(0)761-4770-311
e-mail: pr@solarstromag.com / ir@solarstromag.com
End of Corporate News
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Language: English
Company: S.A.G. Solarstrom AG
Sasbacher Str. 5
79111 Freiburg
Germany
Phone: + 49 761 4770 0
Fax: + 49 761 4770 555
E-mail: mail@solarstromag.com
Internet: www.solarstromag.com
ISIN: DE0007021008, DE000A1E84A4, DE000A1K0K53,
WKN: 702100, A1E84A, A1K0K5
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München
(m:access), Stuttgart
End of News DGAP News-Service
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206130 05.04.2013
DGAP-News: S.A.G. Solarstrom AG: 44 MWp in the UK completed on schedule in Q1
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