EANS-News Sunways to supply inverters for the Australian photovoltaic market (with photo)

    Nachrichtenagentur: news aktuell
     |  24.05.2012, 07:36  |  223 Aufrufe  |   | 
    Corporate news transmitted by euro adhoc. The issuer/originator is solely
    responsible for the content of this announcement.


    Marketing/Company Information

    Subtitle: - Partnership with Solar Energy Australia
    - High-performance Sunways solar inverters in all device classes

    Konstanz (euro adhoc) - Konstanz/Germany, 24 May 2012 - Sunways AG
    (SWW:GR, SWWG.DE, ISIN DE0007332207) has formed a partnership with
    Solar Energy Australia (SEA). SEA is now the exclusive distributor of
    Sunways solar inverters in Australia and, within the scope of this
    partnership, will also provide the customer service for these
    devices. This move means that photovoltaic specialist Sunways, a
    leading solar technology company based in Konstanz, is actively
    present with its products on the Australian market for the first
    time. Australia is an international emerging market for photovoltaics
    with long-term growth potential.

    Comprising the AT, NT and PT device series, the agreement with Solar
    Energy Australia covers the entire Sunways product range for solar
    inverters. From smaller on-roof systems for private use through to
    large-scale commercial plants, Sunways has the right device for
    virtually any application in the form of its award-winning inverters.
    Patented HERIC® high-efficiency topology and three independent MPP
    trackers per device ensure maximum efficiency and therefore top
    electricity yields. An extensive range of communication options and a
    convenient graphical display mean that both commissioning and
    operation are user-friendly. The first Sunways solar inverters were
    certified for Australia last year and any certification still pending
    will be concluded in May 2012.

    Thanks to this new partnership, Sunways has positioned itself in an
    important international emerging market. Conditions for harnessing
    solar power in Australia are not only excellent because of the
    country's sunny climate all year round. The Australian photovoltaic
    market has experienced steady growth in recent years which, according
    to experts, will also continue in the future: With a projected annual
    growth rate of 13 to 15 percent, the country is an ideal candidate
    for market entry (sources: Bank Sarasin, 2011; Australian PV
    Association, 2011).

    About Solar Energy Australia (SEA) Solar Energy Australia LTD, which
    is based in Sydney/New South Wales, is one of the leading providers
    of solar power inverters in Australia. The wholesale photovoltaic
    specialist was founded in the mid-1990s and has since become part of
    the electrical group M Rutty & Co. LTD. In addition to inverters,
    Solar Energy Australia also sells solar modules and complete PV

    This press release and photographs are also available on
    http://www.sunways.eu/en as well as at

    Forward-looking statements This press release contains statements
    relating to the future business development of Sunways AG that are
    based on management assumptions and estimates made at the time of
    publication. Should the assumptions underlying the prognoses fail to
    be fulfilled, actual events may vary substantially from
    forward-looking statements. Uncertainties include changes in the
    political, legal, economic and business environment, exchange and
    interest rate fluctuations as well as the behaviour of competitors
    and other market participants. Sunways does not intend and is not
    under any obligation to update forward-looking statements on an
    ongoing basis as these are exclusively based on the circumstances
    prevailing as of the date of publication.

    About Sunways Sunways AG, Konstanz/Germany, stands for consistent use
    of solar energy to secure long-term energy supply of man in an
    efficient and sustainable manner. Sunways offers technological
    competence, performance and highest quality - from single components
    to complete solar systems. Since its foundation in 1993, Sunways AG
    evolved into a technology leader in the photovoltaics industry
    serving international markets. With silicon-based solar cells,
    inverters, solar modules and solar systems, the company offers all
    components required for high-yield photovoltaic power generation.
    With photovoltaic solutions tailored to customers' needs (transparent
    and coloured solar cells, building- integrated photovoltaic
    installations), Sunways turns exceptional ideas into reality. Sunways
    Production GmbH in Arnstadt/Germany is a subsidiary of Sunways AG; in
    addition, the group has own branch offices in Barcelone/Spain and
    Bologna/Italy. In 2011, Sunways AG with about 330 employees realised
    sales of around EUR 115 million. The shares of Sunways AG are listed
    at the Frankfurt Stock Exchange (SWW:GR, SWWG.DE, ISIN DE0007332207).
    For further information, please visit http://www.sunways.eu/en.

    Pictures with Announcement:

    Further inquiry note:
    Dr. Harald F. Schäfer

    Head of Corporate Communications and Investor Relations

    Tel.: +49 (0)7531 996 77-415

    E-Mail: communications@sunways.de

    end of announcement euro adhoc

    Pictures with Announcement:



    company: Sunways AG
    Macairestr. 3 - 5
    D-78467 Konstanz
    phone: +49 (0)7531 99677 0
    FAX: +49 (0)7531 99677 10
    mail: info@sunways.de
    WWW: http://www.sunways.eu/de
    sector: Alternative energy
    ISIN: DE0007332207
    indexes: CDAX, Prime All Share, Technology All Share
    stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
    regulated dealing/prime standard: Frankfurt
    language: English

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