ErSol Solar Energy AG

euro adhoc: ErSol Solar Energy AG
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ErSol wins PowerLight as its first major US customer

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31.08.2006

ErSol wins PowerLight as its first major US customer

ErSol Solar Energy AG (ErSol) is delivering solar cells to the California-based PowerLight Corporation. To this end, both companies today signed a medium-term contract that will be valid for five years. PowerLight is one of the world's leading companies in the development, manufacture, fulfillment, and operation of photovoltaic systems. This collaboration will allow ErSol to take a huge step towards developing the key US market. The ErSol Group considers this market, aside from Southern Europe and Asia, as the market with the greatest growth potential for the PV industry. The total volume of the new contract amounts to approximately 100 million euros. At PowerLight’s option, up to an additional 37 million euros of PV cells will be provided. It is planned that ErSol will receive down payments from PowerLight.

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ots Originaltext: ErSol Solar Energy AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Sonja Teurezbacher
Investor Relations Manager
+49 (0)361 219 5130
sonja.teurezbacher@ersol.de

Branche: Alternative energy
ISIN:      DE0006627532
WKN:        662753
Index:    CDAX, TecDAX, HDAX, Midcap Market Index, Prime All Share,
              Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade



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