Phoenix Solar to Build Three Thin Film Power Plants in Germany

Phoenix Solar AG has signed contracts for the turn-key construction of thin film solar power plants in three different locations in Germany. The initial grid connection of the power plants has been scheduled for the first quarter of 2008.

Phoenix Solar will build solar power plants of 3.1 megawatts (MW) and 1.7 MW on two sites in Greding and Salching in Bavaria for a Munich-based investor. The power plants will be constructed with thin-film modules from First Solar. Phoenix Solar will install more than 65,600 solar modules on a surface area totaling 17.5 hectares.

The photovoltaic plants are expected to generate a yield of more than five million kilowatt-hours and supply approximately 1,400 households a year with clean electricity.

A third solar power plant with a peak power output of 560 kilowatts will be built at Lake Constance for Singen-based solarcomplex AG .

Preparatory steps are to be taken for all three power plants this year in order to ensure that the plants can be completed in the first quarter of 2008. The contracts are also indicative of the improved availability of modules through the signing of long-term module delivery agreements.

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