Sinosol AG
Sinosol Connects 2.7 MW Project in Engstingen to the Grid
Sinosol AG / Key word(s): Miscellaneous 22.11.2010 10:45 --------------------------------------------------------------------------- Frankfurt, November 22, 2010 The Sinosol-Group has grid connected a 2.7 MWp solar power plant in Engstingen-Haid, Germany (close to Reutlingen), which it has developed and realized. The project is the largest solar park in Reutlingen County. Approximately 12,400 modules from the Chinese-manufacturer Yingli and central inverters from SMA have been used to build the PV park. The project is built on a brown field, which was formerly used as a practice shooting range by the army in Engstingen. The construction of the project started in August 2010 with an approximate value of EUR 7 million. The works at the site of the former training area are nearly finished. 'The conversion has worked exceptionally well in the Haid,' says Klaus-Peter Kleiner, the very pleased mayor of Engstingen and Head of the industry park Engstingen-Haid. Raphael Krause, responsible for the project business on behalf of the board of Sinosol AG, states: 'The project is successful proof for an ecologically expedient use of a brown field area. We hope that PV component prices in 2011 will allow further realization of PV power plants on brown fields in Germany for our institutional investors.' 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 22.11.2010 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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