DGAP-News
Heliocentris Energy Solutions AG receives major order from Myanmar worth EUR 17 million
DGAP-News: Heliocentris Energy Solutions AG / Key word(s): Contract
Heliocentris Energy Solutions AG receives major order from Myanmar
worth EUR 17 million
02.09.2015 / 07:30
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Heliocentris Energy Solutions AG receives major order from Myanmar worth
EUR 17 million
- Heliocentris signs contract to deliver and install 500 energy systems
for the expansion of a leading mobile network in Myanmar
- The sales volume from this contract amounts to around EUR 17 million,
of which around EUR 8 million will be recognized in 2015
- Herewith Heliocentris Solutions are in operations at all 3 mobile
operators in Myanmar
Berlin, 2 September 2015 - Heliocentris Energy Solutions AG (ISIN
DE000A1MMHE3), which is listed in the Prime Standard of the Frankfurt Stock
Exchange, has received a major order for the delivery and installation of
500 turnkey hybrid power systems for the build-out of a leading mobile
network in Myanmar. The major order comprises a sales volume of
approximately EUR 17 million, of which around EUR 8 million are expected to
be recognized in 2015.
Ayad Abul-Ella, CEO of Heliocentris Energy Solutions AG, commented: "We
have been working towards the finalization of this contract for a long
time. Winning this project Heliocentris underlines its leading position as
a supplier of power solutions for mobile network base stations in Myanmar.
With this end customer, one of the world's top 20 mobile network operators,
Heliocentris is now delivering power solutions to the mobile base stations
of all 3 mobile network operators active in Myanmar."
Rainer Grumann, General Manager of Heliocentris in Asia Pacific, adds:
"Winning this project in Myanmar is another strong proof of the efficiency
and flexibility of our energy management solutions. We have therewith not
only surpassed the successes in 2014, but also demonstrated our
capabilities in this very challenging market."
About Heliocentris Energy Solutions AG
Heliocentris Energy Solutions AG is a leading technology provider of energy
management systems and hybrid power solutions for distributed stationary
industrial applications, as well as of products and solutions for
education, training and applied research purposes in the field of fuel
cells, solar, wind and hydrogen energy technologies. Heliocentris' energy
management systems creates intelligent, remote controlled, reliable and
highly efficient hybrid energy solutions from diverse components such as
batteries, photovoltaic modules, conventional diesel generators and fuel
cells. The solutions reduce CO2 emissions by an average of 50% and
operating costs by up to 60% compared to conventional energy solutions for
mobile telecommunications base stations. Heliocentris' fuel cell systems
ensure uninterrupted power supply with long runtimes to critical
infrastructure such as TETRA base stations, back-bone sites in mobile
networks and server stations. The Company employs at present around 185
people and is headquartered in Berlin with offices in Munich, Stuttgart,
Dubai, Yangon, Vancouver and Johannesburg. Heliocentris AG's shares are
traded in the Prime Standard of the Frankfurt Stock Exchange under the
security identification number A1MMHE. Further information is available at
www.heliocentris.com.
Contact
Heliocentris Energy Solutions AG
Rudower Chaussee 29
D-12489 Berlin
Tel. +49 (0)30 340 601 500
Fax +49 (0)30 340 601 599
IR@Heliocentris.com
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02.09.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Heliocentris Energy Solutions AG
Rudower Chaussee 29
12489 Berlin
Germany
Phone: +49 (0)30 340 601 500
Fax: +49 (0)30 340 601 599
E-mail: ir@heliocentris.com
Internet: www.heliocentris.com
ISIN: DE000A1MMHE3
WKN: A1MMHE
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Stuttgart,
Tradegate Exchange
End of News DGAP News Service
---------------------------------------------------------------------
391831 02.09.2015
Heliocentris Energy Solutions AG receives major order from Myanmar worth
EUR 17 million
- Heliocentris signs contract to deliver and install 500 energy systems
for the expansion of a leading mobile network in Myanmar
- The sales volume from this contract amounts to around EUR 17 million,
of which around EUR 8 million will be recognized in 2015
- Herewith Heliocentris Solutions are in operations at all 3 mobile
operators in Myanmar
Berlin, 2 September 2015 - Heliocentris Energy Solutions AG (ISIN
DE000A1MMHE3), which is listed in the Prime Standard of the Frankfurt Stock
Exchange, has received a major order for the delivery and installation of
500 turnkey hybrid power systems for the build-out of a leading mobile
network in Myanmar. The major order comprises a sales volume of
approximately EUR 17 million, of which around EUR 8 million are expected to
be recognized in 2015.
Ayad Abul-Ella, CEO of Heliocentris Energy Solutions AG, commented: "We
have been working towards the finalization of this contract for a long
time. Winning this project Heliocentris underlines its leading position as
a supplier of power solutions for mobile network base stations in Myanmar.
With this end customer, one of the world's top 20 mobile network operators,
Heliocentris is now delivering power solutions to the mobile base stations
of all 3 mobile network operators active in Myanmar."
Rainer Grumann, General Manager of Heliocentris in Asia Pacific, adds:
"Winning this project in Myanmar is another strong proof of the efficiency
and flexibility of our energy management solutions. We have therewith not
only surpassed the successes in 2014, but also demonstrated our
capabilities in this very challenging market."
About Heliocentris Energy Solutions AG
Heliocentris Energy Solutions AG is a leading technology provider of energy
management systems and hybrid power solutions for distributed stationary
industrial applications, as well as of products and solutions for
education, training and applied research purposes in the field of fuel
cells, solar, wind and hydrogen energy technologies. Heliocentris' energy
management systems creates intelligent, remote controlled, reliable and
highly efficient hybrid energy solutions from diverse components such as
batteries, photovoltaic modules, conventional diesel generators and fuel
cells. The solutions reduce CO2 emissions by an average of 50% and
operating costs by up to 60% compared to conventional energy solutions for
mobile telecommunications base stations. Heliocentris' fuel cell systems
ensure uninterrupted power supply with long runtimes to critical
infrastructure such as TETRA base stations, back-bone sites in mobile
networks and server stations. The Company employs at present around 185
people and is headquartered in Berlin with offices in Munich, Stuttgart,
Dubai, Yangon, Vancouver and Johannesburg. Heliocentris AG's shares are
traded in the Prime Standard of the Frankfurt Stock Exchange under the
security identification number A1MMHE. Further information is available at
www.heliocentris.com.
Contact
Heliocentris Energy Solutions AG
Rudower Chaussee 29
D-12489 Berlin
Tel. +49 (0)30 340 601 500
Fax +49 (0)30 340 601 599
IR@Heliocentris.com
---------------------------------------------------------------------
02.09.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Heliocentris Energy Solutions AG
Rudower Chaussee 29
12489 Berlin
Germany
Phone: +49 (0)30 340 601 500
Fax: +49 (0)30 340 601 599
E-mail: ir@heliocentris.com
Internet: www.heliocentris.com
ISIN: DE000A1MMHE3
WKN: A1MMHE
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Stuttgart,
Tradegate Exchange
End of News DGAP News Service
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391831 02.09.2015
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