Media | 29 October 2009 13:59
COLEXON Energy AG / Energy
29.10.2009
Dissemination of a Media Release, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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- Solar power plant supplies more than 140 four-person-households with
green electricity
- Reduction of approx. 620 tons CO2 per year
- Renting rooftops is profitable for all participants
Today, Edgar Peters, Managing Director of Industriepark Etzbach GmbH, and
Thorsten Preugschas, CEO of COLEXON Energy AG, will officially inaugurate a
solar power plant with a total capacity of 735 kilowatt-peak (kWp) in
Etzbach, Rhineland-Palatinate/Germany.
The inauguration will be attended by local and regional politicians, e.g.
Jacqueline Kraege, Secretary of State of the Rhineland-Palatinate Ministry
of Environment, as well as media and company representatives.
The community Etzbach provided approx. 25,000 sqm of roof top area for the
erection of the solar power plant. In return the community will receive
rent payments. The COLEXON Group is the developer, investor and system
operator for the project with a total investment volume amounting to
approx. three million Euros.
With the realization of the solar power plant, the community of Etzbach
emphasizes the importance of solar power for the region. Besides the
positive ecological effects the region will also benefit economically:
'With the leasing of the industrial park's rooftop areas, the community
secured a consistent income for the next 20 years', said Edgar Peters.
Thorsten Preugschas regards this project as an important milestone for
COLEXON on its way to establish itself as an independent solar power
producer in the solar market. 'The state-guaranteed cash flows generated by
the plants revenue strengthen our business model and add stability and
continuity to the development of our company', explains Preugschas.
COLEXON used a total of 10,151 thin film modules from the manufacturer
First Solar - the international market leader of the innovative thin film
technology. The solar panels were mounted on the nine factory rooftops with
an optimal slope of 30 degrees facing south. A module tray construction of
aluminium was used as the substructure.
The plant generates approx. 700,000 kilowatt hours of environmentally
friendly electricity per year. COLEXON receives compensation at a fixed
rate from the local electric utility. Hence, the power plant will cover the
energy demand of about 140 four-person households in the region. At the
same time, about 620 tons of CO2 emissions will be saved annually.
About COLEXON
The international COLEXON group is one of the leading
manufacturer-independent system integrators in the photovoltaic sector. The
company designs and installs turnkey photovoltaic plants for institutional
and private investors in Germany and abroad, and specializes in the
realization of return-optimized and large-scale photovoltaic projects for
both internal and third-party operations.
COLEXON distinguishes itself in particular through its expertise in the
application of innovative thin-film technology. The company's target
clients are primarily institutional investors and developers from
agriculture, industry, and the public sector.
COLEXON Energy AG is listed in the Prime Standard at the German Stock
Exchange in Frankfurt.
Contact:
COLEXON Energy AG
Kirsten Friedrich
Email: k.friedrich@colexon.de
Tel: +49 40 280031-0
Fax: +49 40 280031-101
29.10.2009 Financial News transmitted by DGAP
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Language: English
Company: COLEXON Energy AG
Große Elbstraße 45
22767 Hamburg
Deutschland
Internet: www.colexon.de
End of News DGAP-Media
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