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30.03.2006

ErSol Solar Energy AG enters into the field of thin-film module
production   - ErSol signs letter of intent (LOI) relating on
production equipment for silicon thin-film modules with Swiss UNAXIS
S.A.  - Envisaged development of annual production capacities of 40
MWp by 2008  - Expansion of technological core competence to include
silicon-saving thin-film technology   Early this morning, the ErSol
Group signed a LOI with the Swiss enterprise UNAXIS S.A. on
production equipment for silicon thin-film modules. UNAXIS S.A. is a
globally leading company in the area of thin-film and vacuum
technology. In the period up to 2008, the ErSol Group is planning to
develop - initially on a gradual basis subject to milestones -
production capacities of 40 MWp per annum. To this end, more than 80
million euros will be invested in the thin-film module production
plan to be erected in Thuringia and about 100 new permanent jobs will
be created. The medium-term annual capacity target is 100 MWp. The
production activities in the area of thin-film technology are
envisaged to be conducted by an independent subsidiary and to
contribute to the corporate result from the summer 2007 onwards.
Going into thin-film technology opens up an additional growth option
for the ErSol Group which is almost independent of the availability
of silicon and also offers a significant cost-saving potential.

end of announcement                               euro adhoc 30.03.2006 07:09:16

Further inquiry note:

Sonja Teurezbacher
Investor Relations Manager
+49 (0)361 2195 130
sonja.teurezbacher@ersol.de

Branche: Alternative energy
ISIN: DE0006627532
WKN: 662753
Index: CDAX, TecDAX
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard