Phoenix Solar Aktiengesellschaft / Miscellaneous
06.11.2008
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 2.3 megawatt photovoltaic power plant for the
public services company SWU Stadtwerke Ulm/Neu-Ulm
- Phoenix Solars biggest roof-mounted system to date
- Investment opportunity for SWUs power customers
Sulzemoos/Ulm 06 November 2008 / On behalf of SWU Energie, a wholly owned
subsidiary of SWU Stadtwerke Ulm/Neu-Ulm, Phoenix Solar AG is currently
building a roof-mounted photovoltaic system with a peak power output of 2.3
megawatt on the roofs of EvoBus GmbH in Neu-Ulm. The power plant will
supply around 650 households with environmentally friendly electricity.
Moreover, the system will cut carbon dioxide emissions by approximately
2,000 tons a year, which is the amount that would have been produced by
generating electricity from fossil fuels.
Phoenix Solar AG is a leading international photovoltaic systems
integrator. Its Ulm branch is responsible for the planning, construction
and operation of large photovoltaic power plants of dimensions which go
into the multi-megawatt range. The team headed by Chief Technology Officer
Manfred Bächler had already installed a facade-integrated photovoltaic
system on SWUs depot back in 1997.
The solar power plant on EvoBus GmbH's production facilities, which is
Phoenix Solars biggest roof-mounted system to date, will consist of around
13,500 crystalline solar modules which will be mounted on 14 shed roofs
with a combined surface area of around 18,000 square meters. Phoenix Solar
is planning to finish the power plant in December so that it may begin
feeding environmentally friendly energy into SWUs grid before the end of
this year. Financing will be provided via an investment concept for power
customers of SWU.
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 SWU Stadtwerke Ulm/Neu-Ulm GmbH
The SWU Group positions itself as a modern service provider with a regional
scope. Sustainability, security of supply and customer service are key
factors. The SWU Group consists of the management holding SWU Stadtwerke
Ulm/Neu-Ulm GmbH and five subsidiaries (including SWU Energie GmbH) which
operate independently. Along with supplying electricity, natural gas,
heating and potable water to around 200,000 customers in Ulm, Neu-Ulm and
the surrounding areas, the core tasks of SWU also include
telecommunications and the operation of 19 metropolitan and suburban bus
lines. The SWU Group has a workforce of around 1,000 employees (as per
2007) and generated revenues of EUR 369 million in 2007.
About EvoBus GmbH
EvoBus is Europes No. 1 in the omnibus business and a wholly-owned
subsidiary of Daimler AG. As a leading full-line manufacturer, the company
offers its customers a broad-based portfolio which features the two brands
Mercedes-Benz und Setra and comprises a full range, from chassis through to
the city bus and sophisticated touring coach. The company has a total of
8,032 employees in Germany, 3,711 of whom work at the Ulm/Neu-Ulm site (as
per December 2007). In 2007, 10.340 buses and chassis were sold throughout
Europe (including Mercedes-Benz Türk).
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
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
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
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 06.11.2008
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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 builds 2.3 megawatt photovoltaic power plant for the public services company SWU Stadtwerke Ulm/Neu-Ulm
| Source: EQS Group AG