Release date: 24.05.11

Enfoton Solar Ltd announces a 44% increase in its turnover for 2010 as compared to 2009, reaching a total of €85 million.

The production of photovoltaic panels reached 228 000 pieces which shows an increase of 74% as compared to 131 000 pieces in 2009.

The above number of panels corresponds to a total power capacity of 52 ΜWp which is higher by 22 MWp or 73% than that of 2009 which was approximately 30 MWp. As an indication, for comparison purposes, its worth mentioning that the total installed capacity of all photovoltaic systems in Cyprus today is about 6 MWp

Enfoton Solar Ltd exported approximately 98% of its total production to Europe mainly to Germany, Italy, France and Greece contributing by 15% to the total exports of Cyprus for 2010. The remaining quantities were sold in the local market.

“We are overwhelmed with our financial results for 2010, especially when taking into consideration the world financial crisis and we are very proud of the important contribution of Enfoton Solar Ltd to the total Cyprus exports for 2010” said Mr. Alex Soteriou Enfoton’s Managing Director.

Enfoton Solar Ltd is the only manufacturer of photovoltaic panels in Cyprus and the strong name in system design and installation.

All Enfoton products are also available in the Cyprus market at very competitive prices.

Release date: 28.10.10

Enfoton Solar Ltd which is the only photovoltaic panel manufacturer in Cyprus and the strong name in photovoltaic systems design and installation has supplied 2 640 photovoltaic panels to the first four photovoltaic parks which will begin their operation in early November.

The first park, which belongs to Direct Electricity Co Ltd, will begin operation on the 2nd of November and its installed capacity is 150kWp making it the largest in Cyprus. Two more parks of the same capacity will be commissioned soon after and a fourth one will also begin operation later in November. All four parks are situated in the wider Orounda area.

Enfoton Solar Ltd was selected through meticulous and precise research of all available technologies available in Cyprus and abroad. The major selection criteria were the high quality, high efficiency and high reliability of the Enfoton panels. The full cooperation and high level of customer service provided by Enfoton Solar was another important factor for the eventual selection.

Two thousand six hundred and forty (2 640) high yield photovoltaic panels of the very popular Enfoton 60E6+ series will be used to power all four PV parks. More than 600 000 of these panels are installed in large photovoltaic parks and in smaller systems in Germany, Spain, France and other EU countries.

All Enfoton Solar Ltd quality products are also available in the Cyprus market at very competitive prices.

Release date: 27.05.10

At a ceremony which took place on the 27th May 2010 at 4:00pm the Manager of the Cyprus Institute of Energy Mr Solon Kassinis inaugurated on behalf of the Minister of Commerce, Industry and Tourism Mr Antonis Paschalides, the Enfoton Solar Ltd new state-of-the-art manufacturing Facility and Head Office at Kokkinotrimithia Industrial Estate.

Enfoton Solar Ltd which is the only photovoltaic panel manufacturer in Cyprus was incorporated in February 2002 with the vision to “Become a leading manufacturer of photovoltaic solar panels for Southern Europe”.

In his welcoming speech Mr Alex Soteriou, the Managing Director of Enfoton, said:

“We have installed 2 modern production lines with a total annual production capacity of 110MW which translates to approximately 480 000 photovoltaic modules per year. This capacity places Enfoton alongside the large European photovoltaic panel manufacturers.”

Enfoton is mainly export orientated supplying many European markets as well as the needs of the Cyprus market. Since 2003 Enfoton panels power up a number of large photovoltaic solar parks in Germany, Spain and Italy and they are also to be found in many small to medium size systems all over Europe.

The new capacity increase comes as a result of securing new large orders due to the high demand for photovoltaic panels worldwide.

The company successfully produced its first polycrystalline solar module at its wholly owned factory in Strovolos Industrial Estate in April 2003. What followed from then onwards was a rapid development triggered by a still young European PV industry growing on average at annual rates exceeding 30%, and driven by the founders’ vision to become a sizable player in the PV manufacturing arena.

The new plant comprises a second state-of-the-art production line consisting of a new Somont Rapid 4 tabber/stringer and layup station, a Reis fully automated 3-robot net soldering station, two new Meier ICOLAM laminators and a trimming station, taping station, junction box station, a flasher by Endeas Oy and a framing machine, in a line designed by RIMAS.

Also added is a third production line for our new roof intergraded panel. This new production line was especially designed for Enfoton by RIMAS and has speeded up the production of these panels considerably.

Enfoton Solar Ltd apart from being the only photovoltaic panel manufacturer in Cyprus it is also the strong name in photovoltaic systems design and installation on the island.

Release date: 13.05.10

Enfoton Solar Ltd has increased the manufacturing capacity of its new purpose built photovoltaic panel factory at Kokkinotrimithia to 110MW from the initial 60MW with which the factory began operation a year ago. Commissioning of the new plant was completed in April 2010.

The new capacity increase comes as a result of securing increased orders due to the high demand for photovoltaic panels worldwide.

The new plant comprises a second state-of-the-art production line consisting of a new Somont Rapid 4 tabber/stringer and layup station (Top), a Reis fully automated 3-robot net soldering station (Left), two new Meier ICOLAM laminators and a post lamination line designed by RIMAS.

Also added is a third production line for our new roof intergraded panel. This new production line was especially designed for Enfoton by RIMAS and has speeded up the production of these panels considerably.

With the added capacity Enfoton Solar is now considered as one of the large European producers of photovoltaic panels.

Enfoton Solar Ltd is the only photovoltaic panel manufacturer in Cyprus and the strong name in photovoltaic systems design and installation on the island.

Release date: 07.05.10

Enfoton Solar Ltd which is the only photovoltaic module manufacturer in Cyprus and the strong name in photovoltaic systems design and installation was assessed and certified as meeting the IBC SOLAR AG Supplier Requirements and was awarded a very prestigious certificate with top marks.

The assessment and eventual certification came after a stringent 3day assessment by experienced external auditors of SGS-TUV GmbH of Germany, flanked by high ranking officials of IBC SOLAR AG on behalf of whom the assessment was carried out.

Enfoton Solar Ltd manufactures the very popular photovoltaic module series IBC PolySol XXX TE and IBC MonoSol XXX EE RI especially for IBC SOLAR AG. These very popular modules power many photovoltaic systems in Europe both in small domestic systems and in large solar photovoltaic parks. More than 450 000 modules of these series have been exported to Europe till now. IBC SOLAR AG is a world leader in PV system integration and Enfoton’s biggest customer.

During the assessment the SGS-TUV auditors looked in detail in the following areas:

• Overall Impression
• Data Transfer and Security of the IT systems
• Qualification of the Production Equipment
• Quality Management
• Scope of the Test equipment and Organisation of the Test
• Staff Qualifications

In addition to the above the auditors carried out random product quality inspections.

This award confirms the very high quality of Enfoton’s products which are exported to many European countries where they have to compete with the best European and imported products both in price and quality.

All Enfoton products are also available in the Cyprus market at very competitive prices.

The Management of Enfoton Solar Ltd express their sincere appreciation to all their staff for their conscious efforts, team spirit and hard work without which this achievement would not be possible.

Release date: 18.03.10

The first Official visit conducted by CERA's new Board of Directors

The Cyprus Energy Regulatory Authority's President Mr Georgios Shammas, the Vice President Mr Constantinos Eliopoulos and Board Member Mr Kypros Kyprianides together with other high ranking CERA Officers visited the solar panel manufacturing facility of Enfoton Solar Ltd at Kokkinotrimithia Industrial Estate, yesterday 17.03.10.

Enfoton Solar Ltd is the only solar photovoltaic panel manufacturer on the island and the top name in photovoltaic systems design and installation.

CERA's choice of visit was certainly not without careful consideration of the importance of renewable energy sources to the economy of Cyprus, and in particular solar, which is the only naturally abundant form of energy in Cyprus. Cyprus has no other indigenous sources of energy.

CERA's officials were briefed on the various problems facing the solar energy sector in Cyprus and on the fact that although the solar incidence on Cyprus is among the highest on the planet, Cyprus unfortunately remains a laggard in installed solar photovoltaic energy capacity.

Enfoton Solar Ltd was founded in February 2002 and is a totally Cypriot company with a high export activity. It was recently awarded the European Union Excellence Award for Exports 2008, for companies with more than fifty employees. In 2005 it was awarded The Cyprus Special Export Award for its innovative products and high export volumes.

All Enfoton Solar Ltd products are available in the Cyprus market at very competitive prices.

Release date: 17.03.10

Enfoton Solar Ltd which is the only photovoltaic panel manufacturer in Cyprus and the strong name in photovoltaic systems design and installation will install the first four photovoltaic parks in Cyprus.

The well known, reliable, high efficiency «Enfoton 60E6+» photovoltaic solar panels will power all four parks. The total number of panels will exceed 2 600.

The annual renewable electric energy generation will reach a respectable 1 000 000kWh. This will avoid the damping of about 900 tonnes of CO2 into the atmosphere per year. Each park will have a total installed capacity of 150kWp, bringing the total for all four to 600kWp. The parks will be erected a few kilometres from Lefkosia, in the Orounta area.

Enfoton Solar Ltd was chosen through detailed and precise research of all available technologies and system installers available in Cyprus and abroad.

The major selection criteria were the high quality, high efficiency and high reliability of the Enfoton panels, whose performance has been proven in practice through the installation of more than 400 000 panels so far, in large photovoltaic parks and roof tops in many European countries and mainly Germany.

The full cooperation and high level of service provided by Enfoton Solar was another important factor for the eventual selection.

Enfoton Solar Ltd was founded in February 2002 and is a totally Cypriot company with a high export activity. It was recently awarded the European Union Excellence Award for Exports 2008, for companies with more than fifty employees. In 2005 it was awarded The Cyprus Special Export Award for its innovative products and high export volumes.

All Enfoton Solar Ltd products are available in the Cyprus market at very competitive prices.

Release date: 10.02.10

Enfoton Solar Ltd which is the only photovoltaic panel manufacturer in Cyprus and the strong name in photovoltaic systems design and installation has secured the triple certification for the three most important Quality Management Systems.

Following a rigorous and stringent audit, Enfoton is now certified for the Quality Management System ΕΝ ISO 9000:2008, the Environmental Management System ISO 14001:2004 and the Operational Health and Safety System OHSAS 18001:2007.

Enfoton is especially proud for this achievement and is committed to the strict adherence of all the regulations governing the three systems paying particular attention to the environment and to the health and safety of their personnel.

The main aim of Enfoton Solar Ltd is the safeguarding and continuous improvement of the quality of the products offered to their valued customers with increased safety.

The certification audit for all three systems was carried out by TUV CYPRUS who are members of the well known International Inspection and Certification Organisation TUV NORD of Germany.

The management of Enfoton Solar Ltd extends their sincere appreciation to all their staff for their collective and conscious effort and to their Consultants for their valuable help without which this achievement could not be possible.

Release date: 19.02.10

Enfoton Solar Ltd, who is the only solar photovoltaic panel manufacturer in Cyprus, was awarded the European Export Prize for the year 2008. Enfoton Solar Ltd was awarded this prize in the category of businesses that employ more than 50 persons.

This is the second time that the company secures this prestigious award since its establishment in 2002. The first time was in 2005, only three years in its life.

This award confirms the high quality of Enfoton’s products which are exported to many European countries where they have to compete with the best European and imported products both in price and quality.

All Enfoton products are also available in the Cyprus market at very competitive prices.

The prestigious prize was awarded by His Excellency the President of The Republic of Cyprus Mr Demetris Christofias to Mr Alex Soteriou the Managing Director of the company at a ceremony organised jointly by the Ministry of Commerce, Industry and Tourism and the Cyprus Chamber of Commerce and Industry on the 18th February 2010.

The management of Enfoton Solar Ltd extends their sincere appreciation to all their staff for their conscious efforts, team spirit and hard work without which this honour could not have been achieved.