29.06.2016 12:56:01
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DGAP-News: Heliocentris Energy Solutions AG
DGAP-News: Heliocentris Energy Solutions AG received follow-up purchase order for the hybridisation of Etisalat's mobile base stations in the United Arab Emirates
- Purchase order for the turnkey hybridisation of 50 mobile network base stations
- Around EUR 1 million order volume to become revenue in the current year
- Further purchase orders from the United Arab Emirates and expansion to other countries such as Egypt and Pakistan expected
Berlin, 29 June 2016 - Heliocentris Energy Solutions AG (ISIN DE000A1MMHE3), a leading technology provider of hybrid energy supply solutions, announced that it has received the next purchase order for the hybridisation of 50 mobile network base stations of Etisalat's mobile network in the United Arab Emirates. The order volume of around EUR 1 million is expected to become revenue in the current financial year. The follow-up order is part of the framework agreement concluded in 2015 on the turnkey hybridisation of up to 500 mobile base stations in Etisalat's network in the United Arab Emirates.
Ayad Abul-Ella, CEO of Heliocentris Energy Solutions AG, commented: "In the last few months, we progressed well in setting up the processes while rolling out the first 30 systems with our customer and partners. In consequence we expect to roll out these 50 system faster and thus speed up the overall business ramp-up in the United Arab Emirates. In parallel, we are working on further innovative solutions incorporating solar modules to enable solutions entirely free of diesel generators. In addition to the growing business in the United Arab Emirates we are excited to be also working on inquiries from Egypt and Pakistan, which underline the great potential such multi-national accounts offer to Heliocentris."
About Heliocentris Energy Solutions AG
Heliocentris Energy Solutions AG is a leading technology provider of energy management systems and hybrid power solutions for distributed stationary industrial applications, as well as of products and solutions for education, training and applied research purposes in the field of fuel cells, solar, wind and hydrogen energy technologies. Heliocentris' energy management systems creates intelligent, remote controlled, reliable and highly efficient hybrid energy solutions from diverse components such as batteries, photovoltaic modules, conventional diesel generators and fuel cells. The solutions reduce CO2 emissions by an average of 50% and operating costs by up to 60% compared to conventional energy solutions for mobile telecommunications base stations. Heliocentris' fuel cell systems ensure uninterrupted power supply with long runtimes to critical infrastructure such as TETRA base stations, back-bone sites in mobile networks and server stations. The Company is headquartered in Berlin with offices in Munich, Stuttgart, Crespina, Dubai, Yangon, Vancouver and Johannesburg. Heliocentris AG's shares are traded in the Prime Standard of the Frankfurt Stock Exchange under the security identification number A1MMHE. Further information is available at www.heliocentris.com.
Contact Heliocentris Investor Relations D-12489 Berlin Rudower Chaussee 29 Tel. +49 (0)30 340 601 500 Fax +49 (0)30 340 601 599 IR@Heliocentris.com
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29.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: English Company: Heliocentris Energy Solutions AG Rudower Chaussee 29 12489 Berlin Germany Phone: +49 (0)30 340 601 500 Fax: +49 (0)30 340 601 599 E-mail: ir@heliocentris.com Internet: www.heliocentris.com ISIN: DE000A1MMHE3 WKN: A1MMHE Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange End of News DGAP News Service ---------------------------------------------------------------------------
475559 29.06.2016
DGAP-News: Heliocentris Energy Solutions AG / Key word(s): Incoming Orders
Heliocentris Energy Solutions AG received follow-up purchase order for the
hybridisation of Etisalat's mobile base stations in the United Arab Emirates
29.06.2016 / 12:56
The issuer is solely responsible for the content of this announcement.
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Heliocentris Energy Solutions AG received follow-up purchase order for the
hybridisation of Etisalat's mobile base stations in the United Arab
Emirates
- Purchase order for the turnkey hybridisation of 50 mobile network base stations
- Around EUR 1 million order volume to become revenue in the current year
- Further purchase orders from the United Arab Emirates and expansion to other countries such as Egypt and Pakistan expected
Berlin, 29 June 2016 - Heliocentris Energy Solutions AG (ISIN DE000A1MMHE3), a leading technology provider of hybrid energy supply solutions, announced that it has received the next purchase order for the hybridisation of 50 mobile network base stations of Etisalat's mobile network in the United Arab Emirates. The order volume of around EUR 1 million is expected to become revenue in the current financial year. The follow-up order is part of the framework agreement concluded in 2015 on the turnkey hybridisation of up to 500 mobile base stations in Etisalat's network in the United Arab Emirates.
Ayad Abul-Ella, CEO of Heliocentris Energy Solutions AG, commented: "In the last few months, we progressed well in setting up the processes while rolling out the first 30 systems with our customer and partners. In consequence we expect to roll out these 50 system faster and thus speed up the overall business ramp-up in the United Arab Emirates. In parallel, we are working on further innovative solutions incorporating solar modules to enable solutions entirely free of diesel generators. In addition to the growing business in the United Arab Emirates we are excited to be also working on inquiries from Egypt and Pakistan, which underline the great potential such multi-national accounts offer to Heliocentris."
About Heliocentris Energy Solutions AG
Heliocentris Energy Solutions AG is a leading technology provider of energy management systems and hybrid power solutions for distributed stationary industrial applications, as well as of products and solutions for education, training and applied research purposes in the field of fuel cells, solar, wind and hydrogen energy technologies. Heliocentris' energy management systems creates intelligent, remote controlled, reliable and highly efficient hybrid energy solutions from diverse components such as batteries, photovoltaic modules, conventional diesel generators and fuel cells. The solutions reduce CO2 emissions by an average of 50% and operating costs by up to 60% compared to conventional energy solutions for mobile telecommunications base stations. Heliocentris' fuel cell systems ensure uninterrupted power supply with long runtimes to critical infrastructure such as TETRA base stations, back-bone sites in mobile networks and server stations. The Company is headquartered in Berlin with offices in Munich, Stuttgart, Crespina, Dubai, Yangon, Vancouver and Johannesburg. Heliocentris AG's shares are traded in the Prime Standard of the Frankfurt Stock Exchange under the security identification number A1MMHE. Further information is available at www.heliocentris.com.
Contact Heliocentris Investor Relations D-12489 Berlin Rudower Chaussee 29 Tel. +49 (0)30 340 601 500 Fax +49 (0)30 340 601 599 IR@Heliocentris.com
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29.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: English Company: Heliocentris Energy Solutions AG Rudower Chaussee 29 12489 Berlin Germany Phone: +49 (0)30 340 601 500 Fax: +49 (0)30 340 601 599 E-mail: ir@heliocentris.com Internet: www.heliocentris.com ISIN: DE000A1MMHE3 WKN: A1MMHE Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange End of News DGAP News Service ---------------------------------------------------------------------------
475559 29.06.2016
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