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SonnenEnergy completes Phase 1 of Solar Park Hausen ahead of schedule

- Phase 1 of solar park construction completed ahead of schedule - Construction continues on Phas...

articleCaptiva Verde Wellness CorpMarch 27, 20083/company/captiva-verde-wellness-corp/news/sonnenenergy-completes-phase-1-of-solar-park-hausen-ahead-of-schedule
SonnenEnergy completes Phase 1 of Solar Park Hausen ahead of schedule

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[{"type":"text","content":"\n\n\n\n- Phase 1 of solar park construction completed ahead of schedule\n- Construction continues on Phase 2 development will increase capacity\n to 1,730 kWp\n- Solar Park Hausen expected to have total capacity of 2,500 kWp upon\n completion\n\n\nTORONTO, March 27 /CNW/ - SonnenEnergy Corp. (TSX-V: PWR)\n("SonnenEnergy"), an established photovoltaic solar power systems integrator\nand solar power producer, today announced that it has completed the first\nphase of a 10-acre solar power park in Hausen, Germany ("Solar Park Hausen"),\nahead of schedule. Solar Park Hausen is the second solar park owned by\nSonnenEnergy, which also owns and operates an 11-acre solar park in\nWaldstetten, Germany ("Solar Park Waldstetten").\n\n\n"With Phase 1 of Solar Park Hausen completed, it will produce 800,000 kWh\nof electricity annually and generate revenue of approximately (euro)288,000,"\nsaid Sudhir Morar, SonnenEnergy's President and Chief Executive Officer.\n"Construction continues on Phase 2 of the park, which is expected to increase\nthe capacity to 1,730 kWp. Upon completion of all phases of the project, we\nexpect Solar Park Hausen to have total capacity of 2,500 kWp."\n\n\n"We are very pleased to have completed Phase 1 of Solar Park Hausen ahead\nof schedule," continued Mr. Morar. "This not only demonstrates our ability to\nquickly and efficiently build solar parks but also allows us to accelerate\ndevelopment of the next phase of the project. The early completion of Phase 1\nalso insures that the park will be operational and generating power during the\nspring and summer months, the peak period for solar power production."\n\n\nSonnenEnergy recently announced the expansion of its operations into\nNorth America and is currently conducting contract negotiations for a number\nof other projects, including solar parks, which could potentially generate\nsignificant additional non-recurring revenues in the next 18 months.\n\n\nAbout SonnenEnergy\n\n\nSonnenEnergy Corp. is a solar power systems integrator and solar power\nproducer. The company markets, sells, designs, installs, operates, and\nmaintains grid-connected solar power systems and has installed more than\n100 photovoltaic ("PV") solar power commercial and residential systems since\n2004. SonnenEnergy's...

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