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Successful participation of SUNLIGHT in the international fair INTERSOLAR-EES 2018 and presentation of the new SUNLIGHT Li.ON FORCE lithium product series

Successful participation of SUNLIGHT in the international fair INTERSOLAR-EES 2018 and presentation of the new SUNLIGHT Li.ON FORCE lithium product series

SUNLIGHT participated at one of the most important international fairs, the INTERSOLAR-EES 2018, held in Munich from June 20th to 22nd. A complete product range that supports the RES storage energy needs was presented, with low maintenance and maintenance-free battery types, offering long life, maximum energy efficiency and reliability. Also, launched the product category based on lithium-ion technology, the SUNLIGHT Li.ON FORCE. A significant advantage of the new system is its adaptability to a wide range of applications, such as domestic and professional. The SUNLIGHT Li.ON FORCE solution guarantees high performance, safety and reliable operation while at the same time, it is a cost-effective solution. The Chief Commercial Officer, Labros Bisalas, stated: “With our participation in the INTERSOLAR-EES 2018, we once again had the opportunity to present the integrated energy storage solutions through renewable sources offered by our company as well as the new line of lithium technology products such as SUNLIGHT Li.ON FORCE. SUNLIGHT advances with great drive in its worldwide development and will shortly present lithium technology products for large and very large scale EES... read more
ANNOUNCEMENT SYSTEMS SUNLIGHT SA

ANNOUNCEMENT SYSTEMS SUNLIGHT SA

Following our prior announcement regarding the fire incident at our Company’s Production facility in Xanthi and in order to inform in more details the investors, Sunlight Systems SA discloses the following: Our Company is working with the competent authorities, expert teams and insurance companies in order to assess as quickly as possible the damage caused at a part of our plant, and in particular at the industrial battery production line and the building where this was operating. The affected production line has contributed to a significant proportion of the Company’s annual turnover and for this reason we are looking for alternatives to serve our customers and mitigate losses in our turnover, such as the purchase of existing products by third parties or the assignment of their manufacture to third parties in order to deliver them to our customers. The precise percentage of replacement of losses cannot currently be assessed. The production line of advanced technology batteries have not been substantially affected and has suffered only limited damage. In addition, the affected facilities are adequately insured against all damage by a consortium of 8 insurance companies. This insurance covers both property damage and the loss of profit. However, since the exact time of the insurance reimbursement cannot yet be precisely determined, our Company intends to request from the consortium of insurance companies within the next few days an advance payment against the final insurance amount. The advance payment will be used together with own funds and available credit lines to meet the needs that will arise to restore as soon as possible operations at the affected part of the plant.... read more
Announcement Of Olympia Group for System Sunlight

Announcement Of Olympia Group for System Sunlight

Following the fire incident that took place on May 1st in a part of our battery manufacturing plant of Systems Sunlight, a member of Olympia Group in Neo Olvio Xanthi, the Board of Management of Olympia would like to inform that:   The management team of Sunlight is in contact and close collaboration with the relevant authorities and stakeholders in the region, and all employees are completely safe and in good health.    The management of the company will immediately proceed to a full assessment of the situation and the damage caused by the fire to a part of the factory, aiming at its quickest restoration. We are committed to restart our production as soon as possible in order to continue to service our customers around the world. During the repair of the damage, all jobs will be maintained.  In addition, the company, on its own initiative, has assigned to a specialized Environmental Technical Advisory Company the immediate implementation of additional environmental audits and measurements at the factory site, in addition to the preventive checks carried out by the competent parties.   Mr. John Karagiannis, President of the Olympia Group, stated: “We are very proud of our factory that through systematic work the last 20 years, has become the largest in Europe and exports all over the world. Despite yesterday’s unfortunate, I would like to reassure that we will keep all work positions intact, we will quickly restore damage to the affected part of the plant and we will make it even better than before. At the same time we will continue to cooperate with the local authorities on... read more
ANNOUNCEMENT SYSTEMS SUNLIGHT SA

ANNOUNCEMENT SYSTEMS SUNLIGHT SA

Systems Sunlight SA, a member of the Olympia Group, informs the investing public that as regards the fire that occurred at a part of its factory in Xanthi on May 1st, it will proceed as soon as possible to the assessment of the situation and the damage that has been caused. The Company will make every effort to ensure that its productive activity is restored as soon as possible in order to continue servicing its worldwide customers. Athens, 2nd of May... read more
ANNOUNCEMENT SYSTEMS SUNLIGHT S.A.

ANNOUNCEMENT SYSTEMS SUNLIGHT S.A.

On May 1st, shortly before 13.00 PM, a fire occurred for an unknown until now reason at SYSTEMS SUNLIGHT battery factory at Olvio, Xanthi, Northern Greece. The emergency systems have fully deployed, the security procedures have been strictly followed while authorities were informed. All employees are absolutely safe and well. The fire department has made every effort to extinguish the fire, which is already under control. It is clarified that there is no risk of toxic gases for the area. The company’s Management is in constant contact with the authorities on the matter. When deemed necessary, the company will proceed with further announcements. For any further information you may need, please contact: Anthi Trokoudi, on +306932100053, or Vaso Griva... read more