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Company Releases

The overview on this webpage contains all company releases on Phoenix Solar AG. It can be filtered according to ad-hoc releases or corporate news. For more announcements please go to "Press".

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Date Thumbnail Description Downloads
Jan 20, 2016 Phoenix Solar AG to build 4.9 MWp power plant in Turkey
  • New joint project with strategic partner Asunim
  • Completion scheduled for end of February
Dec 8, 2015 Phoenix Solar to build series of power plants on behalf of the Oklahoma-based Western Farmers Electric Cooperative

One of the largest project portfolios in the state of Oklahoma with a total nominal output of 26.6 MWp DC

Nov 5, 2015 Phoenix Solar AG publishes 3Q 2015 results
  • Strong revenue growth to EUR 82.2 million – approximately 400 percent growth versus previous year period
  • In Q3 positive EBIT at EUR 1.1 million; significant improvement in earnings per share, positive cash flow
  • Strong free order backlog at EUR 85.5 million
Oct 14, 2015 Phoenix Solar AG to build 11 MWp power plants in Jordan
  • Marriott and Sheraton Hotels make use of advanced renewable energy regulations to reduce their CO2 footprint virtually to zero
  • Largest photovoltaic project in the private sector in Jordan
Sep 18, 2015 Phoenix Solar AG below earnings forecast

• Operating result (EBIT) expected between EUR -1 million and EUR 1 million
• Revenue forecast of EUR 140 million to EUR 160 million is confirmed
• Customer unexpectedly cancels a major project in Asia

Aug 18, 2015 Phoenix Solar to Build 6.9 MWp Power Plant in Turkey

• First Phoenix Solar utility-scale project in Turkey
• Construction work to commence this month
• Joint project with strategic partner Asunim

Aug 6, 2015 Phoenix Solar AG publishes 2Q 2015 results

• Strong revenue growth to EUR 39.8 million – approximately 300 percent growth versus previous year period
• Construction work commenced on several large-scale solar power plants in the core US market
• EBIT at EUR -4.6 million; slight improvement in earnings per share
• Free order backlog still more than EUR 100 million
• 2015 guidance confirmed

Jun 23, 2015 New Chairman of Supervisory Board

• Annual General Meeting approves all motions of management by a large majority
• New Chairman appointed to the Supervisory Board
 

Jun 23, 2015 CEO Lays out Six Point Plan to Consolidate Turnaround

• Full year forecast of €140-160 Mio million sales revenues confirmed, with positive EBIT
• Benefits of restructuring and lower cost base have increased competitiveness
• With continued strong growth in the global solar industry in 2015 to over 50 GWp (est.), demand for experienced, international EPC partners such as Phoenix Solar remains healthy
 

May 11, 2015 Phoenix Solar to Build a 1.96 MWp Rooftop Photovoltaic System in Singapore

• Solar photovoltaic (PV) electricity to feed train depots starting from 2016
• With 8 MWp-scale systems in Singapore, Phoenix Solar Pte Ltd consolidates its leadership in large-scale PV in the island state

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