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Environmental & Social Information • Dec 23, 2009

News Details

Media | 23 December 2009 14:29

COLEXON Energy AG: Efficiency on the roof

COLEXON Energy AG / Energy

23.12.2009

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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COLEXON Energy AG hands over 2.4 MWp solar power plant portfolio in
Saxony/Germany
Hamburg, December 22, 2009. COLEXON, leading developer of large rooftop
solar power plants, again demonstrates its competence: On December 16,
three solar power plants on the rooftops of the Saxon 'BMG Baugruppen- und
Modulfertigung GmbH Glauchau' with a total capacity of 2.4 MWp have been
commissioned. Owing to an individual substructure designed by COLEXON
engineers, an extraordinary energy yield will be achieved.

The new solar power plant portfolio on the rooftops of BMG, planned by
COLEXON Energy AG, comprises three individual plants located in Glauchau,
Saxony. These plants have been commissioned on December 16. The
construction of the 24,000 sqm solar power plant began in July. COLEXON
used a total of 33,400 thin film modules from the specialist First Solar.

Efficient method of construction
A great challenge for COLEXON has been the maximum roof load of 15 kg/sqm.
COLEXON engineers and SC SolarCraft developed an innovative light weight
mounting system. Moreover, the system enables a very efficient use of the
available roof area. Since shading effects are minimized, more modules can
be placed on the roof due to an optimized module inclination angle of only
ten degrees. This method of construction prevented a costly penetration of
the roof panel.

Optimal ROI
On the one hand, the project specifications are tailored to the particular
needs of the solar power plants in Saxony. On the other hand, this
efficient rooftop construction in conjunction with the First Solar modules
enables COLEXON to offer its customers an attractive ROI, also in years to
come despite any political developments.

Growth in 2010
For COLEXON the project portfolio Glauchau is one of various reasons for
looking positively to the next year. By the end of 2009, COLEXON expands
her financial flexibility by ensuring comprehensive liquid funds. The
working capital financing of 21 million euros, closed in December, is an
important step to finance the company growth in 2010. With this new
financial security and with approved innovative approaches for investors as
for example in Glauchau, COLEXON sees herself in a good position for
further growth in the years to come.

Contact:
COLEXON Energy AG
Kirsten Friedrich
Email: k.friedrich@colexon.de
Tel: +49 40 280031-0
Fax: +49 40 280031-101

23.12.2009 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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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