COLEXON Energy AG starts to build first solar power plant in a series of projects of a major order of 21 million euros

COLEXON, one of the leading system integrators of solar power plants, yesterday started to build several photovoltaic plants totalling at a power of 2.9 MWp in Waldeck / Thuringia. On almost 100.000 sqm roof-tops of a chicken farm, thin-film modules by the manufacturer First Solar will be installed. The project is part of a contract totalling at 5.6 MWp, which has been signed with the Danish investor Renewagy A/S in February of this year. The order volume amounts to approx. 21 million euros, which will yield in turnover and results of this business year as planned. This contract includes further solar power plants on roof-tops in Saxony, Bavaria, and Rhineland-Palatinate (Germany). In these projects, thin-film modules of First Solar and Bangkok Solar as well as crystalline modules will be used. The projects are scheduled to be finished and grid-connected in this summer.

This project is the second order of this size COLEXON realises for Renewagy A/S. Already in the second half of 2007, COLEXON has started to set up solar power plants of more than 5.3 MWp on about 40 roofs of commercial buildings in Southern Germany. The last power plants of this project are currently in the status of final take over.

About COLEXON Energy AG

COLEXON Energy is one of the leading manufacturer-independent system integrators in the photovoltaic sector. The operative subsidiaries design and install turnkey photovoltaic plants for institutional and private investors in Germany and abroad. COLEXON Energy AG is listed in the Prime Standard at the German Stock Exchange in Frankfurt.

Contact:
COLEXON Energy AG
Heike Oelze
Email: oelze@colexon.de
Tel: +49 40 280031-0
Fax: +49 40 280031-101

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