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Environmental & Social Information • Jul 17, 2009

News Details

Corporate | 17 July 2009 12:04

COLEXON Energy AG: Colexon installs largest roof-top photovoltaic power plant in Brandenburg

COLEXON Energy AG / Miscellaneous

Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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• 4.64 Megawatt-Peak (MWp) facility provides yearly more than 1,000
  households in Brandenburg with green electricity
• Reduction of approx. 3,900 tons CO2 per year
• Full order books in spite of economic crisis

Hamburg July 17, 2009: Ulrich Junghanns, Minister of Economic Affairs in
Brandenburg, and Thorsten Preugschas, CEO of COLEXON, have inaugurated the
world's largest roof-top photovoltaic power plant of thin film technology.
With constructing the solar power plant with a capacity of 4.64 MWp in
Hassleben, COLEXON set the world record in this segment for the third time.

For the construction of the system 64,000 modules have been installed on a
previously not used roof-top area of 193,000 m2 which is equivalent to the
size of more than 10 soccer fields.

Due to costs and efficiency, 10,000 of the total 64,000 solar modules to be
installed were lifted to the roof by helicopter. The thin-film modules have
been manufactured in Brandenburg by First Solar, the world-leader of
innovative thin-film technology.

The photovoltaic plant generates an estimated electrical power of approx.
4.4 million kilowatt hours per year, which corresponds with the yearly
supply of green electricity to more than 1,000 four-person households in
Brandenburg. Based on the current feed-in-tariff of 43.99 cent/kWh the
investor will generate revenues of more than EUR 1.9 million per year. At
the same time the installation will gain an annual reduction in carbon
dioxide emissions of more than 3,900 tons.

COLEXON has already agreed the extension of the facility of another 1.2
Megawatt which corresponds with the size of more than three and a half
soccer fields.

'We are pleased to have created a relevant economical and ecological
benefit to the region Brandenburg,' said Thorsten Preugschas, CEO of
COLEXON Energy AG. 'The utilization of previously unused roof areas
provides excellent opportunities to bring the emission free power
generation a big step forward in Germany. This projects shows again our
competence as one of the leading project developers for large scale
thin-film roof-top powerplants,' explained Preugschas.

The inauguration has been attended by local and regional politicians,
representatives of participating companies as well as media
representatives. In the course of a guided tour, the guests were able to
visit the facility at close range. Alongside the visit on the roof top, it
was possible to look at the power plant from windy heights by the use of an
elevating platform.

Brandenburg's Minister of Economic Affairs Ulrich Junghanns is convinced
that this project serves as a prime example. He valued the solar plant as
an important milestone for the development of regenerative energies in the
region Brandenburg. 'This project', said Junghanns 'has an important
stimulating effect on our region regarding employment and investments.'

COLEXON's strategy, to focus on innovative and efficient thin film
technology, once more proved to be a favourable precondition for
encountering the current difficult market conditions. Opposing the trend in
the solar segment, the order books are full. Further projects with a
capacity of 7.44 MWp are being in construction.

Additional information:
For further details about the project please visit our website:
http://www.colexon.de/content/en/_references/hassleben.php?pl=1779&bstart=0

About COLEXON Energy AG
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. COLEXON is specialized in the
realization of return optimized and large scale photovoltaic projects (from
100 kWp onwards). 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

17.07.2009 Financial News transmitted by DGAP

Language: English
Issuer: COLEXON Energy AG
Große Elbstraße 45
22767 Hamburg
Deutschland
Phone: +49(0)40 280031-0
Fax: +49(0)40 280031-101
E-mail: k.friedrich@colexon.de
Internet: www.colexon.de
ISIN: DE0005250708
WKN: 525070
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart

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