sunways AG

EANS-News: Sunways to supply inverters for the Australian photovoltaic market (with photo)

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Marketing/Company Information

Subtitle: - Partnership with Solar Energy Australia
- High-performance Sunways solar inverters in all device classes


Konstanz (euro adhoc) - Konstanz/Germany, 24 May 2012 - Sunways AG (SWW:GR,
SWWG.DE, ISIN DE0007332207) has formed a partnership with Solar Energy Australia
(SEA). SEA is now the exclusive distributor of Sunways solar inverters in
Australia and, within the scope of this partnership, will also provide the
customer service for these devices. This move means that photovoltaic specialist
Sunways, a leading solar technology company based in Konstanz, is actively
present with its products on the Australian market for the first time. Australia
is an international emerging market for photovoltaics with long-term growth
potential.

Comprising the AT, NT and PT device series, the agreement with Solar Energy
Australia covers the entire Sunways product range for solar inverters. From
smaller on-roof systems for private use through to large-scale commercial
plants, Sunways has the right device for virtually any application in the form
of its award-winning inverters. Patented HERIC® high-efficiency topology and
three independent MPP trackers per device ensure maximum efficiency and
therefore top electricity yields. An extensive range of communication options
and a convenient graphical display mean that both commissioning and operation
are user-friendly. The first Sunways solar inverters were certified for
Australia last year and any certification still pending will be concluded in May
2012.

Thanks to this new partnership, Sunways has positioned itself in an important
international emerging market. Conditions for harnessing solar power in
Australia are not only excellent because of the country's sunny climate all year
round. The Australian photovoltaic market has experienced steady growth in
recent years which, according to experts, will also continue in the future: With
a projected annual growth rate of 13 to 15 percent, the country is an ideal
candidate for market entry (sources: Bank Sarasin, 2011; Australian PV
Association, 2011).

About Solar Energy Australia (SEA)
Solar Energy Australia LTD, which is based in Sydney/New South Wales, is one of
the leading providers of solar power inverters in Australia. The wholesale
photovoltaic specialist was founded in the mid-1990s and has since become part
of the electrical group M Rutty & Co. LTD. In addition to inverters, Solar
Energy Australia also sells solar modules and complete PV systems.


This press release and photographs are also available on
http://www.sunways.eu/en as well as at
http://www.presseportal.de/pm/57666/sunways_ag.


Forward-looking statements
This press release contains statements relating to the future business
development of Sunways AG that are based on management assumptions and estimates
made at the time of publication. Should the assumptions underlying the prognoses
fail to be fulfilled, actual events may vary substantially from forward-looking
statements. Uncertainties include changes in the political, legal, economic and
business environment, exchange and interest rate fluctuations as well as the
behaviour of competitors and other market participants. Sunways does not intend
and is not under any obligation to update forward-looking statements on an
ongoing basis as these are exclusively based on the circumstances prevailing as
of the date of publication.

About Sunways
Sunways AG, Konstanz/Germany, stands for consistent use of solar energy to
secure long-term energy supply of man in an efficient and sustainable manner.
Sunways offers technological competence, performance and highest quality - from
single components to complete solar systems.
Since its foundation in 1993, Sunways AG evolved into a technology leader in the
photovoltaics industry serving international markets. With silicon-based solar
cells, inverters, solar modules and solar systems, the company offers all
components required for high-yield photovoltaic power generation. With
photovoltaic solutions tailored to customers' needs (transparent and coloured
solar cells, building- integrated photovoltaic installations), Sunways turns
exceptional ideas into reality.
Sunways Production GmbH in Arnstadt/Germany is a subsidiary of Sunways AG; in
addition, the group has own branch offices in Barcelone/Spain and Bologna/Italy.
In 2011, Sunways AG with about 330 employees realised sales of around EUR 115
million.
The shares of Sunways AG are listed at the Frankfurt Stock Exchange (SWW:GR,
SWWG.DE, ISIN DE0007332207).
For further information, please visit http://www.sunways.eu/en.

Pictures with Announcement:
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http://resources.euroadhoc.com/us/kIsH8ZoS

Further inquiry note:
Dr. Harald F. Schäfer
Head of Corporate Communications and Investor Relations
Tel.: +49 (0)7531 996 77-415
E-Mail: communications@sunways.de

end of announcement                               euro adhoc 
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Pictures with Announcement:
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http://resources.euroadhoc.com/us/kIsH8ZoS


company:     Sunways AG
             Macairestr.  3 - 5
             D-78467 Konstanz
phone:       +49 (0)7531 99677 0
FAX:         +49 (0)7531 99677 10
mail:     info@sunways.de
WWW:      http://www.sunways.eu/de
sector:      Alternative energy
ISIN:        DE0007332207
indexes:     CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English
 



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