DGAP-Adhoc: S.A.G. Solarstrom AG To Build 13-MWp Solar Power Plant in Czech Republic


S.A.G. Solarstrom AG / Miscellaneous

28.05.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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S.A.G. Solarstrom AG To Build 13-MWp Solar Power Plant in Czech Republic

Free-standing project developing west of Plzen to be the largest of its
kind in the country

Freiburg, May 28, 2009. S.A.G. Solarstrom AG (security identification no.:
702 100, ISIN: DE0007021008) of Freiburg, Germany, is set to construct a
13-MWp photovoltaic plant at a former military site in Stríbro (district of
Plzen), Czech Republic.

This country is an interesting investment location due to its attractive
feed-in tariff and the high amount of sun it receives. The plant is
scheduled for completion and grid connection in the fall.

S.A.G. plans to build a free-standing plant comprised of polycrystalline
modules at a former military site spanning approximately 30 hectares in
Stríbro, around 30 kilometers west of Plzen. Premium modules from Yingli
will be used, as well as the recently presented KACO inverter Powador
XP350-HV TL.

Based on the amount of sun this location receives, the plant will produce
some 13,650,000 kWh of energy per year - enough for more than 3,100
four-person households.

Under the conditions of the Czech Republic's attractive feed-in tariff,
photovoltaic plants capable of more than 30 kWp in output receive CZK 12.79
(just under EUR0.48) for each kilowatt-hour of fed-in electricity. This
rate
is guaranteed for 20 years. Construction of the plant is to begin in July
and will already be completed by fall.

'The local partners we're working with in the Czech Republic have become
familiar with the necessary administrative steps and approval procedures in
the country over a number of years. In this project, for example, we are
collaborating with our partner Solarpower GmbH,' says Dr. Karl Kuhlmann,
CEO of S.A.G. Solarstrom AG. 'This enables us to ensure a high level of
planning security.'

With 13 MWp, Stríbro constitutes the single largest project in the history
of the photovoltaic specialists from Freiburg. 'Thanks to our optimized
procurement and logistics processes, we can now also implement considerably
larger projects,' Dr. Kuhlmann continues. 'Along with Germany and Italy,
the Czech Republic is one of our core target markets for 2009. This is why
we're pleased to be carrying out this project in Stríbro - our first in the
country.'

S.A.G. Solarstrom AG offer investors all of the services involved in
photovoltaic plants from a single source - from independent yield
assessments, planning, construction, operations, and monitoring to
optimization, repowering, and deconstruction.

About S.A.G. Solarstrom AG

S.A.G. Solarstrom AG (WKN: 702 100, ISIN: DE0007021008) of Freiburg,
Germany, are a manufacturer-independent provider of high-quality
photovoltaic plants configured to customers' individual needs. The group
constructs efficient plants of all sizes both in Germany and abroad. S.A.G.
also produce solar energy at their own plants.

S.A.G. Solarstrom AG's service portfolio covers the entire life cycle of
photovoltaic plants, including energy- and weather-data management, yield
reports, and remote maintenance, as well as insurance and financing. The
group thus offers a comprehensive value chain in photovoltaics, from yield
reports, planning, construction, operations, and monitoring to
optimization, repowering, and deconstruction.

Founded in 1998, S.A.G. Solarstrom AG are considered pioneers in the solar
industry. Around 125 specialists work at S.A.G.'s four locations in Germany
and subsidiaries in Italy, Spain, Austria, and Switzerland.

S.A.G. Solarstrom AG are listed on the open market according to the
M:access regulations of the Munich Stock Exchange.

Further information: www.solarstromag.com

S.A.G. Solarstrom AG
Sasbacher Straße 5
79111 Freiburg
Germany

Investor Relations
Veit-Gunnar Schüttrumpf
Tel.: +49-(0)761-4770-368
E-mail: ir@solarstromag.com

Public Relations
Jutta Lorberg
Tel.: +49-(0)761-4770-311
E-mail: presse@solarstromag.com

Contact:
S.A.G. Solarstrom AG
Sasbacher Straße 5
79111 Freiburg
Germany
www.solarstromag.com 
Investor Relations:
Veit-Gunnar Schüttrumpf
Phone: +49- (0)761-4770-368
e-mail: ir@solarstromag.com
Public Relations:
Jutta Lorberg 
Phone: +49 (0) 761 / 4770-311
e-mail: presse@solarstromag.com


DGAP 28.05.2009 
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