Phoenix Solar AG builds solar park in Greece with a peak power of two megawatts

Sulzemoos, Germany - Phoenix Solar E.P.E., the Greek subsidiary of Phoenix Solar AG (ISIN DE000A0BVU93), an international photovoltaic system integrator, has signed its largest contract to date for the construction of a grid-connected photovoltaic plant.

Phoenix Solar is to build a solar power plant with a peak power of two megawatts in the vicinity of Nafpaktos in central Greece for Douneika Energy EE, a group of Greek investors. The project was developed by the investors with the assistance of Athens-based Phoenix Solar E.P.E., and is financed by a Greek bank. Construction work is already under way.

Douneika Solar Park is being built using crystalline modules on around six hectares of hilly terrain. With a solar irradiation of 1,580 kWh/m

Source: IWR Online, 09 Dec 2010