Phoenix Solar AG is 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 is a specialist wholesaler of

photovoltaic system A photovoltaic system, also 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 absorb and ...

solar module A solar cell panel, solar electric panel, photo-voltaic (PV) module, PV panel or solar panel is an assembly of photovoltaic solar cells mounted in a (usually rectangular) frame, and a neatly organised collection of PV panels is called a photo ...

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 (FRG),, is a country in Central Europe. It is the most populous member state of the European Union. Germany lies between the Baltic and North Sea to the north and the Alps to the sou ...

, as well as subsidiaries in

Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = '' Plus ultra'' ( Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , ...

Greece Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders wit ...

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

Oman Oman ( ; ar, عُمَان ' ), officially the Sultanate of Oman ( ar, سلْطنةُ عُمان ), is an Arabian country located in southwestern Asia. It is situated on the southeastern coast of the Arabian Peninsula, and spans the mouth of ...

and Australia 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 ( ; german: München ; bar, Minga ) is the capital and most populous city of the German state of Bavaria. With a population of 1,558,395 inhabitants as of 31 July 2020, it is the third-largest city in Germany, after Berlin and Ha ...

Frankfurt Frankfurt, officially Frankfurt am Main (; Hessian: , " Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its ...

Berlin Berlin is Capital of Germany, the capital and largest city of Germany, both by area and List of cities in Germany by population, by population. Its more than 3.85 million inhabitants make it the European Union's List of cities in the European U ...

Bremen Bremen (Low German also: ''Breem'' or ''Bräm''), officially the City Municipality of Bremen (german: Stadtgemeinde Bremen, ), is the capital of the Germany, German States of Germany, state Bremen (state), Free Hanseatic City of Bremen (''Freie H ...

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 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 (german: link=no, Börse Frankfurt, former German name – FWB) is the world's 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm (German time). Organisation Locate ...

(

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 repo ...

). 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 on 4 June 2007. The constituting companies and their weightings are reviewed quarterly (March, June, September and December). The ...

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 introduc ...

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 Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to t ...

, 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 (, ar, الرياض, 'ar-Riyāḍ, Literal translation, lit.: 'The Gardens' Najdi Arabic, Najdi pronunciation: ), formerly known as Hajr al-Yamamah, is the capital and largest city of Saudi Arabia. It is also the capital of the Riyad ...

. 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