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

Nachrichtenagentur: news aktuell
24.05.2012, 07:36  |  343   |   |   
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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