euro adhoc: Sunways AG
other
Sunways AG enters into module supply contract
with Webasto Solar GmbH
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Contracts
28.05.2008
Sunways AG (Macairestraße 3 - 5, D-78467 Konstanz, ISIN DE0007332207, ISIN DE000A0BNPN0) has entered into a contract on the manufacture and supply of solar modules with Webasto Solar GmbH, Landsberg. Webasto Solar GmbH, a joint venture between SYSTAIC AG and Webasto AG, constitutes a second experienced module supplier for the solar modules of Sunways AG that implements the Sunways quality standards.
The contract will take effect as from May 2008 and will initially run until June 2011. It relates to the manufacture and supply of solar modules with Sunways Solar Cells by Webasto Solar at the newly erected production plant of SYSTAIC AG. With the additionally available module volume totaling 25 megawatts, Sunways will primarily support its international expansion. Module shipments under the contract will start in August 2008.
Within the framework of this contract, Webasto Solar and Sunways will continue their joint market cultivation activities. Webasto Solar has already been receiving solar cells from Sunways for integration into car sliding roofs since February 2006.
end of announcement euro adhoc
Further inquiry note:
Astrid Forst
Tel.: +49 (0)7531 99677 480
E-Mail: ir@sunways.de
Branche: Alternative energy
ISIN: DE0007332207
WKN: 733220
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade