10.000 solar modules for PowerLight, a US corporation
aleo solar wins major contract
ots-CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
PowerLight Corp., a leading global provider of large-scale photovoltaic systems headquartered in California, has commissioned aleo solar AG in Prenzlau to produce 10,000 solar modules. "We are delighted about this first major order from our new American partner," says Heiner Willers, a member of the management board of aleo solar AG. "PowerLight will supply their own cells, which will be processed into solar modules at the aleo plant in Prenzlau." The US company will market the modules under its own name. The solar modules which aleo solar will deliver to PowerLight have a total rated power of two megawatts. This OEM contract is a further milestone for the listed solar company from Brandenburg in the continued internationalization of its business. "We are pleased when we can push ahead with our activities abroad together with international partners," says Jakobus Smit, who is also a member of the management board of aleo solar. "This order is a testament to the internationally recognized manufacturing expertise of aleo solar and shows that PowerLight attaches great importance to quality."
The Company aleo solar AG (previously S.M.D.) maintains distribution offices in Oldenburg (Lower Saxony) and manufacturing facilities in Prenzlau (Brandenburg). Founded in September 2001, the company manufactures solar modules based on silicon cells. Around 230 employees currently work at both locations. The solar module manufacturing facility in Prenzlau has an annual capacity of 90 megawatts, which makes it one of the largest facilities of its kind. In 2005, aleo solar AG achieved sales of EUR 106.9 million. aleo solar AG (DE000A0JM634) has been listed on the Prime Standard segment of the Frankfurt Stock Exchange since July 2006. By acquiring shares in the Brandenburg-based technology company Johanna Solar Technology GmbH, aleo solar AG has attained access to the promising future of thin-film technology.
end of announcement euro adhoc 21.09.2006 11:40:51
Further inquiry note:
Franz Nieper
Investor Relations, Legal & Compliance
Telefon: +49(0)441-21988-58
E-Mail: Nieper@aleo-solar.de
Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Technologie All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
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