Solar-Fabrik AG

Solar-Fabrik supplies modules for largest solar installation in Greece

Freestanding installation with an output of 400 kW located close to Thessaloniki

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heavy construction/freestanding installation

Freiburg (euro adhoc) - 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.


Andrea Ocker Public Relations Manager E-Mail: Tel.: +49-761-4000-130, Fax: +49-761-4000-197

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ots Originaltext: Solar-Fabrik AG
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Further inquiry note:
Martin Schlenk
Tel. +49(0)761 4000 207

Branche: Alternative energy
ISIN:      DE0006614712
WKN:        661471
Börsen:  Börse Frankfurt / regulated dealing/prime standard
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