Frequently Asked Questions (FAQ)
Table of Contents
- 1. When was Phoenix Solar AG founded?
- 2. Where is Phoenix Solar AG’s headquarters?
- 3. Where does Phoenix Solar AG have a presence?
- 4. In which business does Phoenix Solar AG operate?
- 5. What is the company's business model?
- 6. What philosophy lies behind the business activities?
- 7. Where can I find further information on the Executive Board and the Supervisory Board?
1. When was Phoenix Solar AG founded?
Phönix SonnenStrom AG was founded on 18 November 1999. In June 2007, the company was renamed Phoenix Solar AG to take account of increasing internationalisation.
2. Where is Phoenix Solar AG’s headquarters?
In Sulzemoos near Munich in Germany.
3. Where does Phoenix Solar AG have a presence?
Along with a sales network throughout Germany, the company is dedicated to expanding photovoltaics through its subsidiaries all over the world. You will find an overview of our subsidiaries and sales companies here.
4. In which business does Phoenix Solar AG operate?
The Phoenix Solar Group develops, plans, builds and operates large-scale photovoltaic plants. As an EPC contractor specializing in the design and execution of solar power plants, Phoenix Solar places special emphasis on the “on-time and on-budget” construction and delivery of solar power plants, optimized to deliver superior output. With subsidiaries on three continents, the company has designed and built some 800 MWp of turnkey systems since its founding. .
5. What is the company's business model?
As a globally operating photovoltaic system integrator, Phoenix Solar plans, builds and operates large photovoltaic power plants. The turnkey assembly of such solar systems as our core competency includes the procuring of all necessary components and services.
Our core competence as a general contractor is referred to in the sector as EPC (Engineering, Purchasing and Construction). Our range of products and services includes the requisite planning services, the purchasing of the required components in close coordination with customers, and turnkey construction of the complete photovoltaic plant. In this context, we prioritize detailed execution planning and the agreement of defined step payments by the client depending on progress of construction. It is not our policy to pre-finance projects from our own capital resources.
We identify our significant competitive advantage in engineering, in other words, the detailed design and planning of the plant. Our many years of experience in optimizing photovoltaic power plants and cross-disciplinary knowledge of the necessary technologies and components, as well as purchasing markets, enable us to constantly provide our customers with systems on time and to budget, and that yield returns for them that are above the sector average.
By contrast, we generally mandate local subcontractors with the actual construction execution, although we continue to oversee and manage building work.
6. What philosophy lies behind the business activities?
A world in which renewable energy improves the quality of life, is our world. We make extensive use of the inexhaustible power of the sun to generate electricity. This is how we shape the energy supply of today and tomorrow.
Making energy together: our wide range of products and services delivers tailored solutions for our customers. Our competence in consulting services and systems technology is compelling. Through our commitment, we create value for our customers, partners, employees and shareholders.