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Phoenix Solar AG
Type Public (FWB: PS4)
Founded 1999
Headquarters Sulzemoos, Germany
Key people Dr. Andreas Hänel, CEO
J. Michael Fischl, Chairman
Industry Photovoltaics
Products photovoltaic systems
solar modules
photovoltaic accessories
Revenue €402 million (2008)[1]
Profit €23.7 million (2008)[1]
Employees 240 (July 2009)[1]
Website www.phoenixsolar.com

Phoenix Solar AG is a German photovoltaics company involved in the systems integration business. Specifically, the company designs, builds and operates large photovoltaic power plants[2] and is a specialist wholesaler of photovoltaic systems, solar modules and related equipment.

Contents

[edit] History

Phoenix Solar AG emerged out of an initiative of the "Bund der Energieverbraucher e.V" (English: "Cooperative of Energy Consumers"), which was originally started in 1994. The company was officially founded on November 18th, 1999 and on January 7th, 2000 it was entered into the commercial register of companies. At the Annual General Meeting on May 25th, 2007, the shareholders approved a change of name from "Phönix SonnenStrom AG" to "Phoenix Solar AG". Phoenix Solar AG has its headquarters at Sulzemoos northwest of Munich, Germany and sales offices in Germany, as well as subsidiaries in Italy, Spain, Greece, Singapore and Australia.

Since November 18th, 2004, the "Phoenix SonnenAktie" (shares of the company) have been traded on the OTC stock exchanges in Munich, Frankfurt, Berlin / Bremen and Stuttgart. With the start of share trading on the M: access exchange (the segment of the Munich Stock Exchange dedicated to small and mid-cap companies) on July 27th, 2005, Phoenix Solar AG gained access to additional capital and a wider investing audience. On June 27th, 2006, the shares of Phoenix officially were listed and started trading on the Frankfurt Stock Exchange (Prime Standard). Since March 2008 Phoenix Solar shares are also a constituent of the TecDAX stock market index.

[edit] See also

[edit] References

  1. ^ a b c "Annual Report 2007". Phoenix Solar. http://www.phoenixsolar.com/export/sites/com/InvestorRelations/FinancialReports/Downloads/PhoenixSolar_Bericht_2007_e.pdf. Retrieved 2008-06-09. 
  2. ^ Prodhan, Georgina (14 May 2008). "Phoenix Solar swings to Q1 profit, raises guidance". Reuters. http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idINL1489098120080514. Retrieved 22 November 2009. 

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