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Press Release

Herausgeber: Ph

Ph

- Three solar electricity plants with peak power output of some 2.2 megawatts
- The municipality of Haimhausen and private investors back solar energy

Sulzemoos, 15 March 2006 / By the start of March, Phönix SonnenStrom AG (ISIN DE000A0BVU93) had signed contracts for solar electricity plants with a total volume of more than EUR 9 million. These contracts include the construction of a green field photovoltaic power plant with a peak output of 1.1 megawatts (MW) for Haimhausen, a municipal company located in the district of Dachau, and an additional ground-mounted solar electricity plant with a peak output of 800 kilowatts (kW) in Laudenbach near Würzburg. A private investor has commissioned a roof-mounted photovoltaic system generating 250 kilowatt peak in Höfarten, in the district of Aichach-Friedberg.

Due to this year's long winter, construction of all three plants can not begin until the second quarter of this year, with completion planned in the summer.

This is an English translation of the German original. Only the German version is binding.

Reproduction permitted; please send a specimen copy.


About Phönix SonnenStrom AG:

Phönix SonnenStrom AG, based in Sulzemoos near Munich, is a leading systems supplier in the German and European photovoltaic sectors. The company designs, builds and operates large-scale photovoltaic plants and is a wholesaler of complete solar electricity plants, solar modules and components. In 2005, Phönix SonnenStrom AG received the "Bayerns Best 50" and "Europe's 500" awards in recognition of its rapid growth. The shares of the company (ISIN DE000A0BVU93) have been traded on the OTC segment since November 2004 and on the M:access quality segment of the Munich Stock Exchange as well since July 2005.

For more information please contact:

PhönixSonnenStrom AG
Anka Leiner
Investor Relations
Hirschbergstraße 8
D-85254 Sulzemoos
Tel.: + 49 (0) 8135 – 938-315
Fax: + 49 (0) 8135 – 938-399
e-mail: Leiner@SonnenStromAG.de">Leiner@SonnenStromAG.de
Internet: http://www.SonnenStromAG.de



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