31.08.2006 – 07:45

ErSol Solar Energy AG

euro adhoc: ErSol Solar Energy AG
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ErSol wins PowerLight as its first major US customer

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31.08.2006

ErSol wins PowerLight as its first major US customer

ErSol Solar Energy AG (ErSol) is delivering solar cells to the
California-based PowerLight Corporation. To this end, both companies
today signed a medium-term contract that will be valid for five
years. PowerLight is one of the world's leading companies in the
development, manufacture, fulfillment, and operation of photovoltaic
systems. This collaboration will allow ErSol to take a huge step
towards developing the key US market. The ErSol Group considers this
market, aside from Southern Europe and Asia, as the market with the
greatest growth potential for the PV industry. The total volume of
the new contract amounts to approximately 100 million euros. At
PowerLight’s option, up to an additional 37 million euros of PV cells
will be provided. It is planned that ErSol will receive down payments
from PowerLight.

end of announcement                               euro adhoc 31.08.2006 07:10:29

Further inquiry note:

Sonja Teurezbacher
Investor Relations Manager
+49 (0)361 219 5130
sonja.teurezbacher@ersol.de

Branche: Alternative energy
ISIN: DE0006627532
WKN: 662753
Index: CDAX, TecDAX, HDAX, Midcap Market Index, Prime All Share,
Technologie All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
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