Phoenix Solar AG was a German solar photovoltaic company involved in the systems integration business. Specifically, the company designs, builds and operates large, utility-scale photovoltaic power plants and a specialist wholesaler of

photovoltaic system A photovoltaic system, also called a PV system or solar power system, is an electric power system designed to supply usable solar power by means of photovoltaics. It consists of an arrangement of several components, including solar panels to abso ...

solar module A solar panel is a device that converts sunlight into electricity by using photovoltaic (PV) cells. PV cells are made of materials that produce excited electrons when exposed to light. These electrons flow through a circuit and produce direct ...

s and related equipment.

History

Phoenix Solar AG emerged from 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 18, 1999 and on January 7, 2000 it was entered into the commercial register of companies. At the Annual General Meeting on May 25, 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 Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

, as well as subsidiaries in

Italy Italy, officially the Italian Republic, is a country in Southern Europe, Southern and Western Europe, Western Europe. It consists of Italian Peninsula, a peninsula that extends into the Mediterranean Sea, with the Alps on its northern land b ...

Spain Spain, or the Kingdom of Spain, is a country in Southern Europe, Southern and Western Europe with territories in North Africa. Featuring the Punta de Tarifa, southernmost point of continental Europe, it is the largest country in Southern Eur ...

Greece Greece, officially the Hellenic Republic, is a country in Southeast Europe. Located on the southern tip of the Balkan peninsula, it shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to th ...

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

Oman Oman, officially the Sultanate of Oman, is a country located on the southeastern coast of the Arabian Peninsula in West Asia and the Middle East. It shares land borders with Saudi Arabia, the United Arab Emirates, and Yemen. Oman’s coastline ...

and

Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...

and the USA. Since November 18, 2004, the "Phoenix SonnenAktie" (shares of the company) have been traded on the OTC stock exchanges in

Munich Munich is the capital and most populous city of Bavaria, Germany. As of 30 November 2024, its population was 1,604,384, making it the third-largest city in Germany after Berlin and Hamburg. Munich is the largest city in Germany that is no ...

Frankfurt Frankfurt am Main () is the most populous city in the States of Germany, German state of Hesse. Its 773,068 inhabitants as of 2022 make it the List of cities in Germany by population, fifth-most populous city in Germany. Located in the forela ...

Berlin Berlin ( ; ) is the Capital of Germany, capital and largest city of Germany, by both area and List of cities in Germany by population, population. With 3.7 million inhabitants, it has the List of cities in the European Union by population withi ...

Bremen Bremen (Low German also: ''Breem'' or ''Bräm''), officially the City Municipality of Bremen (, ), is the capital of the States of Germany, German state of the Bremen (state), Free Hanseatic City of Bremen (), a two-city-state consisting of the c ...

and

Stuttgart Stuttgart (; ; Swabian German, Swabian: ; Alemannic German, Alemannic: ; Italian language, Italian: ; ) is the capital city, capital and List of cities in Baden-Württemberg by population, largest city of the States of Germany, German state of ...

. 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 27, 2005, Phoenix Solar AG gained access to additional capital and a wider investing audience. On June 27, 2006, the shares of Phoenix officially were listed and started trading on the

Frankfurt Stock Exchange The Frankfurt Stock Exchange (, former German name: , ''FWB'') is the world's 3rd oldest and 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Located in Frankfurt, ...

(

Prime Standard The Prime Standard is a market segment of the Frankfurt Stock Exchange that includes companies which comply with transparency standards higher than those of the General Standard, which is regulated by law. The Prime Standard includes quarterly rep ...

). Since June 2007 Phoenix Solar shares were listed in the

ÖkoDAX ÖkoDAX is a German stock market index which includes ten companies in the renewable energy sector. It was introduced, 4 June 2007. The constituting companies and their weightings are reviewed quarterly (March, June, September and December). The co ...

and since March 2008 they are a constituent of the

TecDAX The TecDAX stock index tracks the performance of the 30 largest German companies from the technology sector. In terms of order book turnover and market capitalization the companies rank below those included in the DAX. The TecDax was introduced ...

stock market index. In July 2013 the company started building a 38.6-megawatt photovoltaic plant on a former cotton field in

Georgia Georgia most commonly refers to: * Georgia (country), a country in the South Caucasus * Georgia (U.S. state), a state in the southeastern United States Georgia may also refer to: People and fictional characters * Georgia (name), a list of pe ...

, based on a contract with ''Silicon Ranch Corporation''. In the same month two branches of Phoenix in Oman and Singapore became responsible for the design and construction of a 1.8 MWp solar power plant in

Riyadh Riyadh is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of the Riyadh Governorate. Located on the eastern bank of Wadi Hanifa, the current form of the metropolis largely emerged in th ...

. In February 2018, the company started insolvency proceedings.

References

External links

* {{Authority control Energy companies established in 1999 Solar energy companies of Germany German brands Technology companies of Germany Companies based in Bavaria German companies established in 1999 1999 establishments in Germany