SOLON signs contract with solar cell supplier Suniva

Berlin, (PresseBox) - Berlin-based SOLON AG für Solartechnik has signed a multi-year purchase agreement with the solar cell manufacturer Suniva, Inc. based in Atlanta / USA. The contract extends through 2012, during which time Suniva will deliver more than $500 million worth of high-efficiency monocrystalline silicon solar cells to SOLON. Delivery of the solar cells is scheduled to commence in early 2009. This step enables SOLON AG to further diversify its supplier base.

About Suniva:

Based in Atlanta, Suniva develops, manufactures and markets high-value crystalline silicon photovoltaic (PV) cells for clean solar power generation. The company has an exclusive license to critical patents and patent-pending intellectual property developed by founder and CTO Dr. Ajeet Rohatgi at the Georgia Institute of Technology's University Center of Excellence in Photovoltaics, the nation's premier silicon PV research center. In addition, the company's deep process know-how and unique approach to manufacturing delivers leading solar cell performance while dramatically cutting the cost of PV-generated electricity. For additional information, please visit http://www.suniva.com.

SOLON SE

SOLON AG is one of the largest solar module manufacturers in Europe and a leading supplier of photovoltaic systems for large-scale solar power plants. The SOLON Group has subsidiaries in Germany, Austria, Italy, Switzerland, and the U.S. and employs more than 850 people worldwide. The SOLON Group's core business is the manufacture of solar modules in various performance categories and of complete photovoltaic systems for the construction of solar power plants as well as the construction of turn-key solar power plants worldwide. Please see www.solon.com for more information.

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