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SOLON AG wins first major order from Greece

(PresseBox) (Berlin, ) Berlin-based SOLON AG, one of Europe's leading manufacturers of solar modules and photovoltaic systems, has won its first major order in the Greek market. The agreement that has just been signed with Hypervolt Renewable Energy S.A., Larissa/Greece, provides for the supply of solar modules totaling 10 MWp during 2008/2009. These are to be used in the construction of power stations in Greece. Hypervolt Renewable Energy S.A. is a subsidiary of the German company Stelio Solar GmbH & Co. KG, whose core business is the development and financing of photovoltaic projects. Greece, one of the sunniest countries in Europe, introduced legislation in 2006 that provides for payments for solar-generated electricity that is fed into the national grid. The Greek photovoltaic market, however, is still only in the early stages of development. This agreement represents a first step by SOLON AG into this highly promising market.

About Hypervolt Renewable Energy
Hypervolt S.A., Greece, is a subsidiary of Stelio Solar GmbH & Co. KG, Germany. Its core business is
project development for medium-sized to industrial-scale photovoltaic plants and their installation.
Hypervolt S.A. offers a one-stop service from project finance to land development and has an
extensive sales network. Its module sales are a further core element of its business. Further
information can be found at


Die SOLON Mobility GmbH entwickelt, implementiert und vermarktet Mobilitätskonzepte und -projekte auf der Basis Erneuerbarer Energien. Sie ist eine 100-prozentige Tochter der SOLON AG, einem der größten europäischen Solarmodulproduzenten und ein führender Anbieter von Photovoltaiksystemen für solare Großkraftwerke.

Die SOLON Gruppe ist mit Tochterunternehmen in Deutschland, Österreich, Italien, der Schweiz und den USA vertreten.