Centrosolar Establishes UK Subsidiary

Sonnenstromfabrik Obtains Certification for UK Market

HAMBURG, September 2, 2010 - Centrosolar has established an international subsidiary in the UK.
Following the introduction of attractive feed-in tariffs in April,
Centrosolar UK Ltd. will be in a position to respond to increased demand for
photovoltaic systems particularly in England. Centrosolar is pleased to have
been able to recruit an experienced solar specialist with an excellent
knowledge of the market to run the British subsidiary.

Centrosolar continues with its drive for international
expansion: in establishing the new UK subsidiary, the company has now set up
its ninth branch outside Germany. The UK branch will be based near London and
will be run by Simon Gerrard. 33-year-old Gerrard has been working in the
solar industry for seven years, latterly as head of Domestic Sales for one of
the leading British solar companies.

Now that attractive feed-in tariffs are available in the UK,
Centrosolar detects increased potential for photovoltaic systems on private
houses and commercial roofs. Alongside its integrated packages comprising
crystalline high-performance modules and all the components that are needed
to operate a system, it supplies lighter thin-film systems that are
especially suitable for roofs with low load reserves. Gerrard and his team
are able to tap into an existing network of sales partners covering the
wholesale, installation and social housing sectors, which is to be further
expanded.

In the crystalline segment, Centrosolar uses exclusively solar
modules manufactured at the group's own Sonnenstromfabrik plant in Wismar,
Germany. Centrosolar has already applied for certification under the
Microgeneration Certification Scheme (MCS), which is vital for business in
the UK, and it passed the required inspection of production operations at the
end of August.

About Centrosolar

Centrosolar AG is represented in Hamburg, Paderborn and
Kempten im Allgau and is a 100% subsidiary of Centrosolar Group AG, Munich.
The Centrosolar Group is an international company with over 1,000 employees
and an annual revenue of 309 million EUR (2009). The products and solutions
offered by all the subsidiaries contribute to the conversion of solar energy
into electricity. The product range includes photovoltaic (PV) systems, PV
mounting systems, solar glass and planning of PV systems in the megawatt
range. The Centrosolar Group has module production facilities in Wismar (with
a capacity of 155 MWp as of 2010) and a solar glass factory in Furth (6
million msquared of glass in 2009). The company has sales offices in Germany,
Spain, France, Italy, Greece, Switzerland, the Netherlands and the USA.

    Media contact:
    Manuela Jakobi
    Centrosolar AG Press Officer
    Tel.: +49-5251-500500
    E-mail: manuela.jakobi@centrosolar.com
    www.centrosolar.com

Media contact: Manuela Jakobi, Centrosolar AG Press Officer, Tel.: +49-5251-500500, E-mail: manuela.jakobi at centrosolar.com