SOLON AG to build 44 MW solar power plant in Spain

Berlin, (PresseBox) - SOLON AG, headquartered in Berlin and one of Europe's largest manufacturers of solar modules and photovoltaic systems, has been commissioned to develop and construct a 44 MW solar power plant in Spain by Scan Energy A/S, a Danish renewable power producer company. The commission will enable SOLON to continue building up its market position in Spain. The turnkey project, which will involve fixed tilt systems, will be constructed in Ayora in the Spanish province of Valencia. The start of construction is planned for the second half of 2008. The new facility will have a production capacity of some 60 million kWh, or enough to supply 50,000 people with solar electricity.

The commission will be carried out by SOLON Solar Investments GmbH, a subsidiary of SOLON AG located in Freiburg, Germany that specializes in planning large-scale solar power plant projects for financial investors. With this project, SOLON is reacting to increasing demand for turnkey power plant solutions.

The new commission is the latest in a series of successful, large-scale projects. In the preceding months, the Company had several commissions involving the construction of solar power plants in Spain with total output of 60 MW.

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