Sinosol AG
Sinosol Realizes First Projects in Italy
Sinosol AG / Key word(s): Joint Venture 18.11.2010 09:21 --------------------------------------------------------------------------- Sinosol Realizes First Projects in Italy Frankfurt, November 18, 2010 Through its joint venture, MMS Energia Solare S.r.L., Sinosol AG is realizing its first projects in Italy as an EPC contractor. Currently, a 1MW power plant near Alessandria is under construction, which will be grid connected by the end of 2010. Canadian Solar modules und SMA central inverters are being used for the project. Comparable projects in the regions of Latium and Piedmont are currently under preparation; for 2011 MMS is planning to realize a significant project volume in Italy. Furthermore, the wholesale business unit of Sinosol-Group was able to sell a significant amount of PV modules to the Italian market in 2010. About Sinosol AG: Sinosol Group is an internationally active provider of photovoltaic systems as well as a planner and developer of turnkey solar parks. Sinosol has comprehensive experience from planning and realizing numerous international, large-scale PV projects, some of which are located in Germany, Spain and France. As a German-Chinese company group, Sinosol profits in terms of procurement as well as in respect to turnover from established networks in both home markets. The activities of the Sinosol Group are currently focused on the European and Chinese markets. Sinosol AG Raphael Krause, Member of the Executive Board Phone: +49 69 2440 425 0 Fax: +49 69 2440 425 15 Email: ir@sinosol.com 18.11.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's 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: Sinosol AG Friedrichstr. 8 70174 Stuttgart Deutschland Phone: +49 711 722 33 900 Fax: +49 711 722 33 909 E-mail: info@sinosol.com Internet: www.sinosol.com ISIN: DE000A0JEQK6 WKN: A0JEQK Listed: Regulierter Markt in Frankfurt (Prime Standard) Notierung vorgesehen / Designated to be listed End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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