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    DGAP-News  312  0 Kommentare Phoenix Solar AG to build 4.9 MWp power plant in Turkey

    DGAP-News: Phoenix Solar Aktiengesellschaft / Key word(s): Incoming Orders
    Phoenix Solar AG to build 4.9 MWp power plant in Turkey

    20.01.2016 / 09:00
    The issuer is solely responsible for the content of this announcement.

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    Phoenix Solar AG to build 4.9 MWp power plant in Turkey

    - New joint project with strategic partner Asunim

    - Completion scheduled for end of February

    Sulzemoos, January 20, 2015 / Phoenix Solar AG (ISIN DE000A0BVU93), a
    leading international photovoltaic system integrator listed in the Prime
    Standard of the Frankfurt Stock Exchange, and its partner Asunim
    Yenilenebilir Enerji Teknolojileri İnş. Müh. San. Tic. Ltd. Şti., a member
    of the Asunim group, have been jointly awarded an order by a Turkish
    governmental enterprise to build an array of four photovoltaic power plants
    with a total capacity of 4.9 MWp in the Incesu Industrial Zone in Kayseri
    in central Anatolia.

    Phoenix Solar will carry out all engineering and procurement tasks. Asunim
    was already in charge of the earlier project development and will take on
    the actual construction which includes mounting Jinko poly crystalline
    solar modules and SMA inverters. The electricity will be sold to the grid.
    The revenues generated will be used by the customer to further develop the
    industrial zones aiming at expanding the industry base in the Kayseri
    region.

    Recep Yıldız, spokesman for İncesu OSB, underlined: "This project is part
    of our strategy to combine the benefits of clean energy and a reduced CO2
    footprint with enhanced economic growth in the Kayseri region. We
    appreciate the initiative and performance of Asunim and Phoenix Solar in
    their ongoing project work and are looking forward to a successful
    cooperation."

    "Thanks to the confidence of our customers and their investors and in close
    cooperation with our strategic partners at Asunim we have now power plants
    with a total peak power output of close to 13 MWp under construction in
    Turkey", Klaus Friedl, Head Middle East at Phoenix Solar AG added. "We see
    this new project along with a promising sales pipeline as an excellent
    basis to further grow our activities in the entire region."

    About Phoenix Solar AG
    Phoenix Solar AG, that has its headquarters in Sulzemoos near Munich, is an
    international photovoltaic system integrator. The Group develops, plans,
    builds and operates large-scale photovoltaic plants and is a specialist
    wholesaler on a smaller scale for turnkey power plants, solar modules and
    accessories. With subsidiaries on three continents, the company has sold
    solar modules with an output of significantly more than one gigawatt since
    its founding. The stocks of Phoenix Solar AG (ISIN DE000A0BVU93) are listed
    on the official market (Prime Standard) of the Frankfurt Stock Exchange.
    www.phoenixsolar-group.com.

    About Asunim Yenilenebilir Enerji Teknolojileri İnş. Müh. San. Tic. Ltd
    Asunim is based in Ankara, Turkey and operates as a consultant, reseller,
    project developer and EPC company with focus on project legalization,
    engineering, component supply and the execution of small and medium scale
    photovoltaic power plants in the Turkish market. It belongs to the Asunim
    group with current further subsidiaries in Portugal and the United Kingdom
    and further business in Chile, South Africa and Spain accumulating a
    current track record of 200MW solar module supply. www.asunim.com.tr.




    Contact:
    Phoenix Solar AG
    Dr. Joachim Fleing
    Investor Relations Representative
    Tel.: +49 (0)8135 938-315
    Fax: +49 (0)8135 938-399
    j.fleing@phoenixsolar.de
    www.phoenixsolar-group.com


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    20.01.2016 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

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    Language: English
    Company: Phoenix Solar Aktiengesellschaft
    Hirschbergstraße 4
    85254 Sulzemoos
    Germany
    Phone: +49 (0)8135-938-000
    Fax: +49 (0)8135-938-099
    E-mail: kontakt@phoenixsolar.de
    Internet: www.phoenixsolar-group.de
    ISIN: DE000A0BVU93
    WKN: A0BVU9
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
    Munich (m:access), Stuttgart


    End of News DGAP News Service
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    430839 20.01.2016


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    DGAP-News Phoenix Solar AG to build 4.9 MWp power plant in Turkey DGAP-News: Phoenix Solar Aktiengesellschaft / Key word(s): Incoming Orders Phoenix Solar AG to build 4.9 MWp power plant in Turkey 20.01.2016 / 09:00 The issuer is solely responsible for the content of this announcement. …