DGAP-News: S.A.G. Solarstrom AG / Key word(s): Miscellaneous
S.A.G. Solarstrom AG extends power plant portfolio by 5.1 MWp system
in Kamenicna, Czech Republic
02.05.2011 / 08:39
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S.A.G. Solarstrom AG extends power plant portfolio by 5.1 MWp system in
Kamenicna, Czech Republic
Freiburg, May 2, 2011. S.A.G. Solarstrom AG (German security identification
number: 702 100, ISIN: DE0007021008), Freiburg, has decided to extend its
own power plant portfolio by the 5.1 MWp system in Kamenicna, Czech
Republic, retroactively from January 1, 2011. The system was completed at
the end of December and connected to the public network. The power plant
portfolio will thus increase to 25.1 MWp.
The photovoltaic system produces around 5,200 MWh of electricity per year
at the Kamenicna site, Czech Republic, thus covering the electricity
requirements of 1,000 four-person households.
'The system is exhibiting the high performance expected in the first few
months of operation', says Dr. Karl Kuhlmann, CEO of S.A.G. Solarstrom AG,
'we have therefore decided to extend our portfolio by this attractive and
already funded project, even taking into account the Czech solar tax of
26%'.
As the system was connected before December 31, 2010, S.A.G. Solarstrom AG
will receive 12.4 Czech Crowns for each kWh fed in to the grid via its
project company. (equivalent to EUR0.51).
'An attractive green electricity portfolio offers not only plannable
profits, but also supplies us with valuable data regarding long-term
performance, and the maintenance and optimization requirements of systems,
which we can use to continuously improve our offering. In the long-term,
our own systems are interesting assets for potential partners, such as
major energy providers who want to invest specifically in renewable
energies. The project planning business would also benefit at the same
time', says Dr. Karl Kuhlmann in conclusion, explaining the reason for the
decision.
About S.A.G. Solarstrom AG
S.A.G. Solarstrom AG (German security identification number: 702 100, ISIN:
DE0007021008) of Freiburg i.Br., Germany, is a manufacturer-independent
provider of high-quality photovoltaic plants configured to customers'
individual needs. The group constructs efficient plants of all sizes both
in Germany and abroad. S.A.G. Solarstrom AG also produces solar energy at
its own plants.
S.A.G. Solarstrom AG's service portfolio covers the entire life cycle of
photovoltaic plants, including forecast and energy services, yield reports,
and remote maintenance, as well as insurance and financing. The group thus
offers a comprehensive value chain in photovoltaics, from yield reports,
planning, construction, operations, and monitoring to optimization,
repowering, and deconstruction.
Founded in 1998, S.A.G. Solarstrom AG is considered a pioneer in the solar
industry. Around 200 specialists work at the four locations in Germany and
the foreign subsidiaries.
S.A.G. Solarstrom AG is listed in the General Standard of the Frankfurt
Stock Exchange as well as according to the rules and standards M:access of
the Munich Stock Exchange.
Further information: www.solarstromag.com
Contact:
S.A.G. Solarstrom AG
Sasbacher StraÃe 5
79111 Freiburg
Germany
www.solarstromag.com
Public Relations / Investor Relations
Jutta Lorberg
phone: +49-(0)761-4770-311
e-mail: pr@solarstromag.com / ir@solarstromag.com
End of Corporate News
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Language: English
Company: S.A.G. Solarstrom AG
Sasbacher Str. 5
79111 Freiburg
Deutschland
Phone: + 49 761 4770 0
Fax: + 49 761 4770 555
E-mail: mail@solarstromag.com
Internet: www.solarstromag.com
ISIN: DE0007021008
WKN: 702100
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München
(m:access), Stuttgart
End of News DGAP News-Service
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122395 02.05.2011
DGAP-News: S.A.G. Solarstrom AG extends power plant portfolio by 5.1 MWp system in Kamenicna, Czech Republic
| Source: EQS Group AG