Phoenix Solar AG (ISIN DE000A0BVU93), an international photovoltaic system integrator listed in the Prime Standard of the Frankfurt Stock Exchange, reports a number of orders from Phoenix Solar Srl, its Italian subsidiary, in the Components & Systems segment. In addition, Phoenix Solar Srl has been commissioned to build a rooftop solar power plant with a peak power of 227 kilowatts.

"Despite the difficult market environment, our Italian subsidiary is successful in the trading business. We are also particularly pleased that all the power plants built by Phoenix Solar in Italy were connected to the grid by the deadline of 31 August 2011 and are therefore eligible for the feed-in tariffs valid up until then", said Ulrich Reidenbach, Chief Sales Officer of Phoenix Solar AG.

Phoenix Solar Srl is delivering solar modules of First Solar for an independent power producer to build two solar power plants with a peak power of 1.7 and one megawatt respectively. Under a second contract, the company will supply MiaSolé modules to an Italian investor to be used in the construction of a solar power plant with a peak power of one megawatt in the vicinity of Rome.

In addition, Phoenix Solar AG's Italian subsidiary has won the contract to build a rooftop solar power plant with a peak power of 227 kilowatts. The photovoltaic plant, which will use Trina and MiaSolé modules, is to be completed and connected to the grid before the end of the year.