Sinosol AG
Sinosol realizes 20 MW Project in Ukraine
Sinosol AG / Key word(s): Contract 15.11.2010 16:28 --------------------------------------------------------------------------- Sinosol AG is planning and supplying a 20 MW solar power plant in Ukraine for a renowned local investor. The contracts for this project were already closed in summer 2010 and in the meantime, more than 10 MW of solar components have already been shipped to Ukraine. The solar power plant, located in the Krim region, will be grid connected in 2011. The main components for this project are inverters from SMA and crystalline modules from Jinko Solar. For 2011 Sinosol is planning additional projects in the region together with the Ukrainian investor. 'We are excited about the entry into this new and attractive PV market. This is a futher milestone in the internationalization of Sinosol-Group. In fiscal year 2011, the majority of our turnover will be earned outside of Germany,' says Raphael Krause, responsible for the PV project business on behalf of the executive board of Sinosol AG. About Sinosol AG: Sinosol Group is an international provider of photovoltaic systems, as well as a planner and developer of turn-key solar parks. As a German-Chinese group, it benefits from its established networks in both of its home markets, for procurement as well as for sales. Sinosol Group's operations are currently focused on the European and Chinese markets. Sinosol AG Raphael Krause, Member of the Executive Board Phone: +49 69 24404250 Fax: +49 69 2440 425 15 Email: ir@sinosol.com 15.11.2010 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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