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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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Nov 15, 2016 Phoenix Solar awarded an EPC contract by Jordan Ahli Bank
  • Pioneering project in the Jordanian banking sector under the "Power Wheeling" regulation
Nov 10, 2016 Phoenix Solar presents 3Q 2016 results
  • Strong revenue growth; positive EBIT and net profit for the quarter
  • EBIT for the nine months at -0.4 million Euro; further improvement in gross margin
  • Proceeds from sale of Batisolaire power plant utilized to repay debt; net debt reduced to 21 million Euro
  • Free order book position of more than 130 million Euro; weighted project pipeline grows to 286 MWp
  • Dip in Q4: delay of projects into 2017; further revenue and earnings growth envisaged for next year
Nov 8, 2016 Phoenix Solar AG below revenue and earnings forecast for 2016
  • 2016 revenue forecast lowered by approx. 50 million Euro; now expected to reach 135 million Euro to 150 million Euro due to delay of two large projects
  • Those revenues are now expected to come in in the course of the 2017 financial year rather than in the fourth quarter of 2016
  • Operating result will be in a range of between 0.5 million Euro and 2 million Euro
Aug 4, 2016 Phoenix Solar publishes results for 1H2016
  • Strong revenue growth to €53.3.million, 34.1 percent growth vs. pre-year
  • Operating breakeven in Q2, six months' EBIT at €-2.4 million, positive operating cash    flow and improved gross margin
  • Free order backlog more than €180 milion, weighted project pipeline at 235 MWp
  • 2016 sales revenue and EBIT guidance maintained
Aug 3, 2016 Phoenix Solar photovoltaic power plant in France sold to Obton A/S
  • All conditions are met, closing concluded
  • Proceeds mainly to be used for redemption of debts
Jul 25, 2016 Phoenix Solar awarded EPC contract for 19.6 MWp photovoltaic single axis tracking plant in Texas (US)
  • First photovoltaic system as part of hybrid wind/solar energy project
May 30, 2016 Phoenix Solar to build 10.2 MWp. in Turkey
  • First governmentally licensed photovoltaic power plant to be built in Turkey
  • Joint project with strategic partner Asunim
May 11, 2016 Phoenix Solar completes first, starts second photovoltaic power plant project in the Philippines
  • Three industrial rooftops on one manufacturing plant and two
  • Total capacity of more than 2.5 MWp shopping malls
May 4, 2016 Phoenix Solar AG publishes 1Q 2016 results
  • Group revenues double versus pre-year period, EBIT slightly improved, strong cash inflow
  • Free order backlog was at €189 million
  • Forecast for 2016 confirmed
  • Sale of a non-core asset initiated
Apr 22, 2016 Commitment to Quality and Sustainability
  • Three companies within the Phoenic Solar Group obtain ISO 9001:2015 and ISO 14001:2015
  • Joint management system ensures quality levels throughout the Group
  • Upgrade to 2015 standards entails even more comprehensive approach to include stakeholder interest

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