Phoenix Solar AG builds another solar power plant for E.ON in Italy

- Fifth project contract from E.ON Climate & Renewables

Sulzemoos - Phoenix Solar AG (ISIN DE000A0BVU93), a leading photovoltaic system integrator listed on the TecDAX, is to build a solar power plant with a peak power of three megawatts for E.ON Climate & Renewables. Headquartered in Düsseldorf, E.ON Climate & Renewables is responsible for the worldwide activities of the E.ON Group in the field of renewable energy and climate protection.

The solar park in Marino close to Rome is the fifth contract which E.ON has placed with Phoenix Solar. Phoenix Solar has built solar parks with a peak power totalling more than 13 megawatts for E.ON in Italy and France.

Phoenix Solar AG is responsible for planning and building the photovoltaic power plant in Marino using crystalline solar modules from Trina Solar. Construction is due to start in mid-June 2011 and completion has been scheduled for August 2011.

This is an English translation of the German original. Only the German version is binding.


About Phoenix Solar AG

Phoenix Solar AG, which has its headquarters in Sulzemoos near Munich, is a leading international photovoltaic system integrator. The Group achieved total revenues of EUR 636 million and an EBIT of EUR 36.4 million in the financial year 2010. The company develops, plans, builds and takes over the operation of large-scale photovoltaic plants and is a specialist wholesaler for complete power plants, solar modules and accessories. The Group is a leader in photovoltaic system technology. It focuses on the consistent lowering of system costs. With a sales network throughout Germany, and subsidiaries in Spain, Italy, Greece, France, Singapore, Malaysia, Oman, Australia and the United States of America, the Group currently has a workforce of more than 400 employees. The shares of Phoenix Solar AG (ISIN DE000A0BVU93) are listed on the official market (Prime Standard) of the Frankfurt Stock Exchange and on the TecDAX, Deutsche Börse AG’s technology index.


Sulzemoos, 7 June 2011


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