Even though it is only the first quarter of 2011, aleo solar AG [ISIN: DE000A0JM634] has already sold modules amounting to a nominal output of 400 kilowatts in Israel. In comparison: In 2009 and 2010, aleo solar installed about 500 kilowatts for Israeli customers. It’s clear that Germany’s premium module manufacturer is continuing to grow internationally.
Solenergy Ltd., aleo’s partner in Israel, primarily installs solar panels on the roofs of rural cooperative communities like kibbutzim and moshavim as well as on other agricultural buildings. According to Solenergy’s Managing Director, Amit Leventer, “in Israel, qualities like dependability as well as high yields are decisive factors for end customers – this is why we’re working together with aleo solar.” Norbert Schlesiger, CSO of aleo solar AG, added that: “we not only guarantee high quality products, but also direct, personal contact – we provide comprehensive support to our specialist dealers covering everything from system layout to marketing.”
In 2010, a total of 25 megawatts were installed in Israel. Israel is also an ideal market for photovoltaic technology: Each nominal output kilowatt generates 1,600 kilowatt hours in a year. In addition, the feed-in tariff for solar energy is giving a boost to the Israeli photovoltaic market. Small systems (less than 15kW) bring in €0.38 per kilowatt hour over 20 years – large systems (more than 15kW) bring in €0.30 per kilowatt hour over 20 years. Additionally, the Israeli government has changed its regulations to remove the quantitative limit that had been placed on the installation of small photovoltaic systems with an output of up to 50kW.
The Company
aleo solar AG produces and distributes premium solar modules and systems for the international photovoltaic market. Since 2009, the Bosch Group has owned a majority of aleo solar AG (DE000A0JM634), which was originally founded in 2001 and has been listed on the stock exchange since 2006. As a premium manufacturer with 906 employees, aleo solar maintains a strong global presence with subsidiaries active in all important photovoltaic markets. Its main plant in Prenzlau, Germany and two additional plants in Spain and China provide the aleo solar group with an annual production capacity of 250 megawatts, which will be increased to 390 MW by the end of 2011. In 2010, the company’s turnover amounted to € 553,5 million.
Kind regards,
aleo solar AG
Dr. Hermann Iding
Leiter Kommunikation und Marketing/Head of Corporate Communications and Marketing
Büro/Office: Osterstr. 15, 26122 Oldenburg, Germany
Tel: +49 441 21988-390
Fax: +49 441 21988-120
hermann.iding@aleo-solar.de
http://www.aleo-solar.de
