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ErSol Solar Energy AG

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ersol concludes biggest cell supply contract in company history with Solon

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Contracts
29.08.2007
ersol concludes biggest cell supply contract in company history with 
Solon
Early this morning, ersol Solar Energy AG (ersol) and Solon AG signed
the hitherto largest cell supply contract since the founding of the 
Thuringia-based company. The contract is worth about EUR 1 billion. 
Monocrystalline silicon solar cells are to be supplied to Berlin 
module producer Solon over a period of 11 years starting in 2009. The
agreement proposes that ersol receives down payments from Solon; 
these will later be offset against the purchase price to be paid by 
the module producer. For many years now, Solon has been one of 
ersol's key customers. In September 2005 and August 2006 the two 
solar companies already signed multi-year contracts for a total 
volume of about EUR 670 million. The conclusion of this latest 
contract saw ersol increase its order volume for solar cells to 
roughly EUR 2.8 billion.
end of announcement                               euro adhoc 29.08.2007 09:08:03

Further inquiry note:

Sonja Teurezbacher
Director Investor Relations
+49 (0)361 21 95-1130
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: Börse Frankfurt / official dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

Plus de actualités: ErSol Solar Energy AG
Plus de actualités: ErSol Solar Energy AG