aleo solar becomes only German module manufacturer with its own factory in Spain

New contracts in Spain worth €15 million and cell supply contract with Q-Cells
until 2012

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Prenzlau/Oldenburg (euro adhoc) - aleo solar AG is launching
production at its factory in Santa María de Palautordera, near
Barcelona. The facility, with a total capacity of 10 MW, will handle
production for the Spanish market. Jakobus Smit, member of the
Management Board of aleo solar AG, commented: "Our
internationalisation strategy uses a country-specific approach: we
organise our local business using Spanish employees and a Spanish
sales force, who know the customers and their financing partners."
This calculation is paying off: following large orders by Gamesa and
Endesa last December, aleo solar signed further contracts worth
approx. EUR15 million for 2007 in January with Spanish project
developers. "In this important foreign market we are perceived - and
in demand - as a Spanish company with high German product quality,"
said Heiner Willers, the other member of the Management Board. "We
can deliver this as we have signed a contract for Spain lasting until
2012 with our supplier Q-Cells guaranteeing the supply of solar cells
for our factory."

end of announcement euro adhoc 07.02.2007 08:23:47
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ots Originaltext: aleo solar AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Technologie All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade


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