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Business and Financial Review • Apr 19, 2007

News Details

Corporate | 19 April 2007 09:28

Reinecke + Pohl Sun Energy AG: Subsidiary starts construction of the world-wide largest roof-top thin-film photovoltaic system with a capacity of 2.5 MW

Reinecke + Pohl Sun Energy AG / Contract

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

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Hamburg 19 April 2007. Nastro-Umwelttechnik GmbH, a subsidiary to Reinecke
+ Pohl Sun Energy AG, today has started building the world-wide largest
roof-top photovoltaic system with thin film modules on a logistic depot in
Ramstein, Germany.

The system will be constructed using First Solar thin film modules. 'These
modules have been chosen for this project for several reasons. The First
Solar modules are less expensive to manufacture and more cost effective per
kWp than conventional crystalline modules. Beside a better temperature
behaviour, they generate higher energy output even under diffuse solar
irradiance' explains Thorsten Preugschas, member of the Executive Board at
Reinecke + Pohl Sun Energy AG responsible for the operative sector.
'Moreover First Solar modules are also covered by a collection and
recycling agreement that enables the owner to return the modules to First
Solar at no cost at the end of the module lifetime for recycling. Thin-film
modules are especially suited for large scale solar power plants given the
combination of cost effectiveness and area efficiency that is suitable for
open-space installations', Preugschas continues.

The project volume is at more than 9.5 Mio Euro. For the construction of
the system approximately 38,500 modules are installed on a roof-top area of
90,000 sqm. After completion, which is scheduled for August 2007, the plant
will generate an estimated electrical power of 2.4 million kilowatt hours
per year, which corresponds to a reduction in carbon dioxide emissions of
approximately 2000 tons per year.

Contracting party and constituent of this project is the British investor
Consensus Business Group. 'We regard this project as the beginning of a
long-term cooperation', says Alexandra von Bernstorff. 'We plan to invest
in photovoltaic systems in Germany and Spain on a large scale. Reinecke +
Pohl Sun Energy AG seems to be the ideal partner for us due to their
strategic orientation as well as their professional experience and know-how
concerning the construction of photovoltaic systems.'

About Consensus:
Consensus Business Group is a multi-faceted principal investor in a broad
range of synergistic activities. The core business includes structured
finance, the acquisition, management and development of commercial and
residential real estate and a substantial investment portfolio focused on
new technologies and technology start-ups within the renewable energy
space.

About First Solar:
First Solar manufactures solar modules with an advanced thin film
semiconductor process that significantly lowers solar electricity costs. By
enabling clean renewable electricity at affordable prices, First Solar
provides an economic alternative at peak conventional electricity to the
related fossil fuel dependence, greenhouse gas emissions and peak time grid
constraints.

About Nastro Umwelttechnik / Reinecke + Pohl Sun Energy AG:
Nastro-Umwelttechnik GmbH is a company in the Reinecke + Pohl Sun Energy
group. Reinecke + Pohl Sun Energy group 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. In the near
future the operative subsidiaries will act under the integrative brand
COLEXON.

Contact:
Reinecke + Pohl Sun Energy AG
Heike Oelze
Grosse Elbstrasse 45
D-22767 Hamburg
Tel. 040 / 696528-171
Fax: 040 / 696528-159
e-mail: oelze@rpse.de
www.rpse.de

DGAP 19.04.2007

Language: English
Issuer: Reinecke + Pohl Sun Energy AG
Große Elbstraße 45
22767 Hamburg Deutschland
Phone: +49(0)40696528-0
Fax: +49(0)40696528-159
E-mail: oelze@rpse.de
www: www.rpse.de
ISIN: DE0005250708
WKN: 525070
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin-Bremen, Stuttgart, München

End of News DGAP News-Service

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