Press release

Phaesun-subsidiary opens in Dubai.

Solar company Phaesun with Headquarters in Memmingen/Germany extends activities for Off-Grid power supply in the Middle East

Memmingen, 01.07.2015,After the set up of a decentralized sales office in West Africain 2014, Phaesun is now announcing the opening of Phaesun Middle East (PNME), a fully owned subsidiary based in Dubaï/United Arab Emirates.

With the creation of PNME, the solar group Phaesun, with headquarters in Memmingen/Germany is extending its geographical coverage of the international PV Off-Grid markets.

After several successful years of solar project activities in the MENA region, notably in the industrial sector, Phaesun has decided to add to its portfolio in the region, the solarOff-Grid component wholesale activities.

PNME will benefit the support of 14 years of experience of the “one stop shop”Phaesun conceptto sustain its development. It will also market the complete Phaesun component product range, which is the most comprehensive one in the Off-Grid market.

With local storage facility in the free zone and equipment available “off the shelf”, PNME is expecting to serve not only the Middle East Region but also part of the African distribution network centralizing their global procurements from the UAE.

Major international suppliers from Europe (Solarworld , Steca , Studer, Sonnenschein, Hoppecke) and Asia have welcomed the initiative and already confirmed their agreement to extend the “authorized dealership” to PNME.

Francis Hillman, shareholder and founding member of Phaesun GmbH has been appointed Managing Director and will take the challenge to lead the local team to business development.

Francis Hillman reports: "There has been a change in thinking in terms of energy supply both in the industrial and private sector and environmentally friendly energy sources have gained in importance. Since the needs are important and the affordability is now a fact, the market is naturally growing.With stock, sales support & service available from the UAE, Phaesun continues the implementation of its decentralization policy to get closer to our customers and serve them faster and better”.

Like in most of its decentralized bases, Phaesun plans for PNME include the development of locally available training and product service centres.

About Phaesun Group

Phaesun GmbH, situated in Memmingen/Germany has been specialising in the distribution, customer service and the installation of Off-Grid Photovoltaic- and wind power systems since it was founded in 2001. As one of the leading system integrators of Off-Grid power supply systems worldwide, Phaesun offers products of all renowned manufacturers of this trade. International project management, purposeful customer training courses and technical support complete the extensive service.Phaesun GmbH has subsidiaries in France and Dubai, as well as representationoffices in Eritrea, Panama and the Ivory Coast while they can look back on a worldwide partner and distribution network.

Fotos:

Pic1: Francis Hillman, Managing Director Phaesun Middle East

Pic2: Phaesun solar installation, Eritrea 2014

Editor

Phaesun

Brühlweg 9

87700 Memmingen, Germany

Tel. 0049 (0)8331/ 990 42-27

Fax 0049 (0)8331/ 990 42-12