--------------------------------------------------------------------------------
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
--------------------------------------------------------------------------------

Contracts

Berlin (euro adhoc) - SOLON to Construct 15 MW Solar Power Plant for California Energy Supplier PG&E

Berlin, Tucson, Ariz., February 24, 2011: SOLON Corporation, a provider of turnkey solar power plants and manufacturer of crystalline silicon solar modules in the U.S., has been awarded a contract for the construction of a 15 MW (AC) solar power plant in California for Pacific Gas & Electric Company (PG&E), which supplies natural gas and electric service to approximately 15 million people in Northern and Central California.

The construction of the plant, which will cover an area of approximately 160 acres, will start in April 2011 and is scheduled for completion by October 2011. The system will utilize SOLON´s Velocity MW cluster concept with fixed tilt mounting and SOLON´s SCADA system for remote control and monitoring. The power plant will be constructed in the vicinity of Fresno in central California.

The 15 MW project is part of PG&E´s 250 MW Utility Owned Generation (UOG) PV Program, a five-year plan for the construction of utility owned solar power plants. SOLON successfully constructed PG&E´s pilot project in late 2009, for which it received PG&E's "Generation Supplier of the Year" award last year. This additional order enables SOLON to further expand its position as a supplier of turnkey power plant solutions for major energy suppliers in the U.S.

About SOLON SOLON SE is one of the largest manufacturers of solar modules in Europe as well as a supplier of solar system technology for large-scale rooftop and greenfield installations. The SOLON Group has subsidiaries in Germany, Italy, France and the U.S. and employs more than 800 people worldwide. SOLON´s core business is producing solar modules and photovoltaic systems along with planning and constructing large rooftop installations and turnkey solar power plants all over the world.

SOLON SE Therese Raatz Corporate Communications FON: +49 30 818 79-9305 FAX: +49 30 818 79-9300 E-Mail: therese.raatz@solon.com www.solon.com

end of announcement                               euro adhoc
--------------------------------------------------------------------------------

Contact:

Therese Raatz
Head of Corporate Communications
Tel.: +49 30 818 79-9305
E-Mail: therese.raatz@solon.com

Branche: Energy
ISIN: DE0007471195
WKN: 747119
Index: Midcap Market Index, CDAX, HDAX, Technology All Share, GEX,
ÖkoDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / regulated dealing
Hamburg / regulated dealing
Stuttgart / regulated dealing
Düsseldorf / regulated dealing
München / regulated dealing