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Solar-Fabrik AG

Solar-Fabrik supplies modules for largest solar installation in Greece

Freiburg (euro adhoc) -

Freestanding installation with an output of 400 kW located close to 
Thessaloniki
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
heavy construction/freestanding installation
Freiburg, 22.7.2008 - Solar modules
manufactured by Solar-Fabrik AG have been installed in what is 
currently the largest solar installation in Greece. This freestanding
installation with an output of 400 kW is located in Sidirokastron, a 
town 80 km north-east of Thessaloniki. The complete plant was 
supplied by Yoku Technology GmbH, an important business partner of 
Solar-Fabrik AG.
"This plant is currently the largest photovoltaic plant in the whole 
of Greece," explains Gert Schmid, sales manager of Solar-Fabrik AG. 
"Though an output of 400 kW is not very high by German standards, it 
is extraordinarily high for Greece. The installation will have a 
strong impact and will attract further projects." Greece is one of 
the world´s largest growth markets. The Greek government is planning 
to install photovoltaic plants with a total output of 700 MW by 2010.
Currently, applications have been made for plants with a total output
of even 3,750 MW. Market breakthrough is expected by 2009.
Jürgen Franke, CEO of Yoku Technology GmbH, expects the Greek market 
to grow strongly as soon as the approval procedures have become 
easier and quicker. "We must demonstrate the performance of the new 
technology, particularly with pilot projects like these. That is why 
we are using exclusively top quality modules manufactured by 
Solar-Fabrik AG for these projects. Greek plant operators have great 
confidence in solar modules which are "Made in Germany."
Greece offers excellent starting conditions for operators of solar 
installations, with a feed-in tariff of 40-50 cents per kilowatt hour
(kWh), based on the size of the plant and the region. In addition, 
investment grants of 40% of the installation costs are available. 
Thanks to an irradiation of 1,300-1,700 kWh per square meter per 
year, plant yields of 1,400 kWh per kWp can be achieved, about 45% 
more than in Germany.
Contact:
Andrea Ocker
Public Relations Manager
E-Mail:  a.ocker@solar-fabrik.de
Tel.: +49-761-4000-130, Fax: +49-761-4000-197
end of announcement                               euro adhoc

Further inquiry note:

Martin Schlenk
Tel. +49(0)761 4000 207
E-Mail: m.schlenk@solar-fabrik.de

Branche: Alternative energy
ISIN: DE0006614712
WKN: 661471
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse München / free trade

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