Sinosol AG
Sinosol AG: Sinosol Project Company in Italy – Pipeline of more than 200 MWp

Sinosol AG / Joint Venture

08.06.2010 12:48

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Sinosol Project Company in Italy - 
Pipeline of more than 200 MWp

Frankfurt, June 08, 2010 - Sinosol AG launches project holding in Italy

Sinosol AG is expanding its activities in Italy and has founded an Italian
project company located in Castelfranco together with its partner Metalco &
Mazzanti Group S.r.l. The company has access to a pipeline of Italian
rooftop and greenfield projects totaling more than 200 MWp, which shall be
realized between 2010 and 2012.

With Metalco and Mazzanti, Sinosol has teamed up with two strong local
partners for project development and realization in the strategically
important Italian market. Mazzanti S.p.A. is a Florence-based construction
company with numerous reference projects in the field of
PV-rooftop-systems. Metalco S.p.A. is an internationally active metal
construction company based in Castelfranco (Veneto), offering innovative
solutions for PV-applications.

'Through our co-operation with Sinosol we have an internationally renowned
EPC partner with project experience in the construction of large PV-power
plants and a strong procurement capacity' ,says Maurizio Mazzanti, CEO of
Mazzanti S.p.A.

'The co-operation with Mazzanti und Metalco is an important milestone for
our plans in the Italian market. It has been arranged by Dr. Carlo Capponi,
who is heading the business development of Sinosol Group in Italy since the
beginning of 2010. The joint venture enables us, together with our
experienced and established local partners, to offer all services from
project development to construction and the operation of PV-power plants
from one provider' ,states Raphael Krause, member of the executive board of
Sinosol AG.


Contact
Sinosol AG 
Raphael Krause, Member of the Executive Board 
Dr. Carlo Capponi, Head of Business Division Italy
Phone:   +49 69 2440 425 0
Fax:     +49 69 2440 425 15
Email:   ir@sinosol.com



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.


Contact
Sinosol AG 
Raphael Krause, Member of the Executive Board 
Dr. Carlo Capponi, Head of Business Division Italy
Phone:   +49 69 2440 425 0
Fax:     +49 69 2440 425 15
Email:   ir@sinosol.com




08.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
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 News                                     DGAP News-Service
 
---------------------------------------------------------------------------