S.A.G. Solarstrom AG / Miscellaneous 28.05.2009 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- S.A.G. Solarstrom AG To Build 13-MWp Solar Power Plant in Czech Republic Free-standing project developing west of Plzen to be the largest of its kind in the country Freiburg, May 28, 2009. S.A.G. Solarstrom AG (security identification no.: 702 100, ISIN: DE0007021008) of Freiburg, Germany, is set to construct a 13-MWp photovoltaic plant at a former military site in Stríbro (district of Plzen), Czech Republic. This country is an interesting investment location due to its attractive feed-in tariff and the high amount of sun it receives. The plant is scheduled for completion and grid connection in the fall. S.A.G. plans to build a free-standing plant comprised of polycrystalline modules at a former military site spanning approximately 30 hectares in Stríbro, around 30 kilometers west of Plzen. Premium modules from Yingli will be used, as well as the recently presented KACO inverter Powador XP350-HV TL. Based on the amount of sun this location receives, the plant will produce some 13,650,000 kWh of energy per year - enough for more than 3,100 four-person households. Under the conditions of the Czech Republic's attractive feed-in tariff, photovoltaic plants capable of more than 30 kWp in output receive CZK 12.79 (just under EUR0.48) for each kilowatt-hour of fed-in electricity. This rate is guaranteed for 20 years. Construction of the plant is to begin in July and will already be completed by fall. 'The local partners we're working with in the Czech Republic have become familiar with the necessary administrative steps and approval procedures in the country over a number of years. In this project, for example, we are collaborating with our partner Solarpower GmbH,' says Dr. Karl Kuhlmann, CEO of S.A.G. Solarstrom AG. 'This enables us to ensure a high level of planning security.' With 13 MWp, Stríbro constitutes the single largest project in the history of the photovoltaic specialists from Freiburg. 'Thanks to our optimized procurement and logistics processes, we can now also implement considerably larger projects,' Dr. Kuhlmann continues. 'Along with Germany and Italy, the Czech Republic is one of our core target markets for 2009. This is why we're pleased to be carrying out this project in Stríbro - our first in the country.' S.A.G. Solarstrom AG offer investors all of the services involved in photovoltaic plants from a single source - from independent yield assessments, planning, construction, operations, and monitoring to optimization, repowering, and deconstruction. About S.A.G. Solarstrom AG S.A.G. Solarstrom AG (WKN: 702 100, ISIN: DE0007021008) of Freiburg, Germany, are a manufacturer-independent provider of high-quality photovoltaic plants configured to customers' individual needs. The group constructs efficient plants of all sizes both in Germany and abroad. S.A.G. also produce solar energy at their own plants. S.A.G. Solarstrom AG's service portfolio covers the entire life cycle of photovoltaic plants, including energy- and weather-data management, yield reports, and remote maintenance, as well as insurance and financing. The group thus offers a comprehensive value chain in photovoltaics, from yield reports, planning, construction, operations, and monitoring to optimization, repowering, and deconstruction. Founded in 1998, S.A.G. Solarstrom AG are considered pioneers in the solar industry. Around 125 specialists work at S.A.G.'s four locations in Germany and subsidiaries in Italy, Spain, Austria, and Switzerland. S.A.G. Solarstrom AG are listed on the open market according to the M:access regulations of the Munich Stock Exchange. Further information: www.solarstromag.com S.A.G. Solarstrom AG Sasbacher Straße 5 79111 Freiburg Germany Investor Relations Veit-Gunnar Schüttrumpf Tel.: +49-(0)761-4770-368 E-mail: ir@solarstromag.com Public Relations Jutta Lorberg Tel.: +49-(0)761-4770-311 E-mail: presse@solarstromag.com Contact: S.A.G. Solarstrom AG Sasbacher Straße 5 79111 Freiburg Germany www.solarstromag.com Investor Relations: Veit-Gunnar Schüttrumpf Phone: +49- (0)761-4770-368 e-mail: ir@solarstromag.com Public Relations: Jutta Lorberg Phone: +49 (0) 761 / 4770-311 e-mail: presse@solarstromag.com DGAP 28.05.2009 ---------------------------------------------------------------------------
DGAP-Adhoc: S.A.G. Solarstrom AG To Build 13-MWp Solar Power Plant in Czech Republic
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