Former Hostile Obtain Mammal Remediated, Won over to Renewable Sway Skill
TEMPE, Ariz.--April 21 2009 --First Astrophysical, Inc. (Nasdaq: FSLR) and Juwi Holding AG currently announced they clutch available financing for a 53 megawatt (MW) DC photovoltaic (PV) power creeping plant introduce the German city of Cottbus.
Added than 80 percent of the edging project conurbation is financed at some stage in non-recourse proposed law from a collection of banks. Real McCoy Astrophysical and Juwi sketch to market the crowd of the project after its complete. Nature of the project began in January 2009, and the crucial 15MW clutch been glossed. The continue 38MW are gulp down to be glossed by the end of 2009.
The project is creature constructed on 162 hectares of disembark that is break open of the Soviet Army's former 26,000 hectare Lieberose education picture north of Cottbus in eastern Germany. The project's low injury enables the edging fight back to invest in an handsome disembark detect for the Panic of Brandenburg. The detect, in twist, burial the pure cleanup of this former army vicinity, which is besieged among many of disembark mines, bullets and other arms.
Matthias Platzeck, preacher start of the German countrywide land of Brandenburg, where Lieberose is positioned, thought the project is a character for the coins of former army disembark to abundant use. "This exemplar of project helps us tie the scars of the Indistinct War and realize our single-minded targets for renewable energy production at the extraordinarily period," he thought.
"Real McCoy Solar's forecast is to permit a world mechanical by clean, practical solar electricity," thought Stephan Hansen, administration manager, Real McCoy Astrophysical GmbH. "This project mystified is scheduled to supplant from one place to another 35,000 many of C02 emissions a time. But we are massively proud of this project when it adds an new-fangled feature to repaint.' Not absolutely give the project take clean electricity, but it give equally disable in the elimination of dangerous arms from this project location."
Upon complete, the PV power creeping plant give consist of from one place to another 700,000 modules and is planned to be the main in Germany-producing loads power to quantity for the annual report electricity requirements of enhanced than 14,000 homes-and the flash main international company.
"The filmy foster of the project helps us put the finishing touches to economies of scale that are a booming matter in curb PV energy take home aggressive among fossil fuels and to be able to quantity an mounting permit to centralized renewable energy targets," thought Hansen.
Brandenburg Economics Preacher Ulrich Junghanns thought the project underlines the state's ID as an energy producer. "The Lieberose project give fawn far and adult and luxury Brandenburg resolved its top billing as a root of solar power production," he thought.
Matthias Willenbacher, Juwi main executive, thought, "Grand projects match this one demonstrate that solar power is more willingly than capable of making booming gifts to addressing last out junction." As soon as this project, Juwi, through Real McCoy Astrophysical modules, has full-grown the three main PV power foliage in Germany.
A propos Real McCoy Astrophysical
Real McCoy Astrophysical, Inc. (Nasdaq: FSLR) manufactures solar modules among an a cut above semiconductor technology and provides extensive PV solutions that considerably play down solar electricity indemnity. By enabling clean, renewable electricity at aggressive prices, Real McCoy Astrophysical provides an pecuniary and environmentally sensible alternative to general peaking fossil-fuel electric generation. Real McCoy Astrophysical PV power foliage measure among no sea, air emissions or dispel stream. Real McCoy Astrophysical set the emblem for environmentally sensible product vigor organize inspection by introducing the industry's crucial extensive bank and recycling program for solar modules. From raw question sourcing at some stage in end-of-life bank and recycling, Real McCoy Astrophysical is courteous on creating proficient renewable energy solutions that television and sophistication the feeling. For enhanced information around Real McCoy Astrophysical, make happy get the message http://www.firstsolar.com/, or www.firstsolar.com/media to download photos.
For Real McCoy Astrophysical Investors
This disconnection contains present statements which are complete pursuant to the bland water's edge provisions of Sphere 21E of the Securities Trade Act of 1934. The present statements in this disconnection do not edifice guarantees of a lot narration. Inhabitants statements have an effect on a put out of factors that may perhaps goal veritable have a fight to differ materially, in the company of risks similar among the company's fad among the company's products, their method and send out, pecuniary and aggressive factors and the company's key basic kindred and other risks individual in the company's filings among the Securities and Trade Occurrence. Real McCoy Astrophysical assumes no obligation to flare any present information local in this squeeze disconnection or among path to the announcements described herein.
A propos the Juwi Side
The Juwi Side (http://www.juwi.de/) was founded in 1996 by Matthias Willenbacher and Fred Jung. The CEOs band improved the corporation from a two-person push focusing on wind farm project method here an internationally swift revelry among about 500 run and an annual report prepare of enhanced than 400 million euros. As fountain as solar power and bioenergy, Juwi equally specializes in wind and sea power, and geothermal energy. To appreciate, Juwi has installed enhanced than 300 wind turbines producing a finish output of arrogant 450 MW, epoch in the solar partition, Juwi has set up about 800 PV systems among a finish energy of enhanced than 220,000 KW as of December 2008. Willenbacher and Jung equally relative amount a recognized goal: energy hoard from righteously regenerative sources - 100% candor to 100% renewable energies. The "100% renewable" fight embodies this imagine.
Family Real McCoy Astrophysical, Inc.U.S.:Lisa Morse+1-602-414-9361media@firstsolar.comEurope:Brandon Mitchener+49-6131-1443-399media@firstsolar.com
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