• 17.08.2006, 16:56:58
  • /
  • OTE0007

euro adhoc: Sunways AG / other / Sunways AG enters into a contract on the supply of wafers with Deutsche Solar AG (E)

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------

17.08.2006

Sunways AG (Macairestraße 3 - 5, D-78467 Konstanz, ISIN DE0007332207, ISIN
DE000A0BNPN0) has entered into a contract on the supply of multicrystalline
silicon wafers with Deutsche Solar AG, Freiberg / Germany, a 100 percent
affiliate of SolarWorld AG, on 17 August 2006.

The contract will apply as from 2009 for a 10-year term. It relates to Deutsche
Solar AG's delivery of silicon wafers for the production of multicrystalline
solar cells corresponding to 70 megawatts by Sunways AG. The contract provides
for downpayments to be made by Sunways that will be deducted from the purchase
price whenever wafers are bought.

The contract was entered into on adequate terms and serves to secure the raw
material requirements of Sunways AG in the long term. Other projects relating to
the supply of raw materials in the short and medium term are under way.

Currently, Sunways AG has a total production capacity of 46 megawatts.

Further inquiry note:
Astrid Forst
Tel.: +49 (0)7531 99677 480
E-Mail: ir@sunways.de

end of announcement euro adhoc 17.08.2006 16:25:43
--------------------------------------------------------------------------------

emitter: Sunways AG
Macairestr. 3 - 5
D-78467 Konstanz
phone: +49 (0)7531 99677 0
FAX: +49 (0)7531 99677 10
mail: info@sunways.de
WWW: http://www.sunways.de
ISIN: DE0007332207, DE000A0BNPNO
indexes: CDAX, Prime All Share, Technologie All Share
stockmarkets: regulated dealing/prime standard: Frankfurter Wertpapierbörse,
free trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse,
Baden-Württembergische Wertpapierbörse, Börse Düsseldorf,
Niedersächsische Börse zu Hannover, Bayerische Börse
sector: Alternative energy
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB

Bei Facebook teilen.
Bei X teilen.
Bei LinkedIn teilen.
Bei Xing teilen.
Bei Bluesky teilen

Stichworte

Channel