Sinosol AG
Sinosol AG: Major Order in the Project Business

Sinosol AG / Contract

03.09.2009 

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Major Order in the Project Business

Frankfurt, September 3, 2009 - Sinosol AG is building a 7,4 MWp PV-project
close to Augsburg

Sinosol AG is realizing a 7,4 MWp PV-park in Southern Germany for an
institutional investor from India. Sinosol is the project developer and EPC
contractor for the large PV-park close to Augsburg.

The project in Nordendorf is a pilot project for further joint activities
of Sinosol and the institutional investor from India which is planning to
build an international PV-portfolio of 200 MWp until the end of 2010.

Both parties have agreed on the take-over of a power plant portfolio in
Europe with a total size of 65 MWp. The agreement is covering PV-parks that
will still be grid connected in 2009 as well as power plants that will be
erected in 2010 by Sinosol Group. Industry standard Due Diligence
assessments shall be completed within the next few months.

Construction for the project in Nordendorf has already started on August 4,
2009. After a construction period of only four months the PV-plant will be
finished and grid connected before the end of 2009.

On a surface of approx. 17 ha more than 35.000 poly-crystalline PV-modules
will be starting to produce energy out of sunlight. The annual production
will be approx. 7,8 Mio. kWh, which represents an avoidance of CO2 
emissions of approx. 5.000 t.


About Sinosol AG:
Sinosol-Group is an internationally active PV-system integrator,
project-developer and turn-key solution provider of PV-power plants. In
addition Sinosol's wholesale operations are offering PV-systems technology
and PV-Modules. Sinosol has extensive experience in planning and realizing
numerous large international PV-projects, e.g. in Germany, Spain, France
and China. As a German-Chinese group it benefits from established networks
in both home markets, in sourcing as well as in sales. The activities of
the Sinosol Group are currently focused on Europe and China.


Contact
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




03.09.2009  Financial News transmitted by DGAP

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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 News                                     DGAP News-Service
 
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