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aleo solar is granted right to distribute thin film solar modules

Geschrieben am 11.06.2007 - [Nächster Artikel]

Developer of CIGSSe thin film solar technology has been nominated for
the World Clean Energy Award


--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
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companies

Prenzlau / Brandenburg (Havel) (euro adhoc) - aleo solar has been
granted the right to distribute up to 80 percent of Johanna Solar
Technology´s CIGSSe thin film solar modules under the aleo brand name
for at least five years. Jakobus Smit, chairman of the Management
Board of aleo solar AG, is very optimistic: "Innovative thin film
solar technology has always been a key element of our strategy. We
acquired an interest of 19 percent in Johanna Solar Technology early
on in order to ensure our access to this thin film technology. The
current agreement takes us a decisive step forward in that it also
gives us access to these innovative modules. Interest in these
modules is extremely high in all of aleo solar´s markets. This
underscores our innovative capabilities because the thin film solar
modules are the second quality product in our portfolio that we plan
to market in large quantities." Both companies will cooperate in the
product launch. aleo solar will be responsible for product branding
while Johanna Solar Technology will be responsible for technology
branding. Jeroen Haberland, managing director of Johanna Solar
Technology, describes the product´s cutting-edge technology as
follows: "CIGSSe technology permits high levels of efficiency, thus
ensuring that crystalline solar modules do not outperform our
modules." Jakobus Smit adds: "These modules are a very good fit for
aleo because our premium brand stands for both efficiency and
excellent quality. Besides, thin film solar modules perform
exceedingly well in hot environments as well, making them perfect for
our internationalization strategy in Southern Europe." aleo solar
will introduce the new module´s prototype at the 22nd European
Photovoltaic Solar Energy Conference in Milan, Italy, this September
. The inventor of the thin film technology, Professor Vivian Alberts,
has been monitoring the construction of the production plant in
Brandenburg/Havel, Germany, since the beginning of this year. He has
now been nominated for one of the World Clean Energy Awards.
Professor Alberts´s unique technology makes it possible to produce
modules on the basis of CIGSSe — a combination of five elements
(copper, indium, gallium, sulphur and selenium) — on an industrial
scale. The prize is being awarded for the first time this year. The
jury is composed of high-caliber individuals, among them James Leape
(Director General of the WWF International), Klaus Töpfer (former
German Minister for the Environment and until 2006 Executive Director
of the United Nations Environmental Programme), as well as Professor
Ernst U. von Weizsäcker (author and, among other things, consultant
to Kofi Annan, previously UN Secretary-General).

#####################################################################
#######

The company aleo solar AG, with sales operations in Oldenburg (Lower
Saxony) and manufacturing facilities in Prenzlau (Brandenburg), was
formed in September 2001 and produces solar modules using silicon
cells. The facility in Prenzlau has an annual capacity of 90
megawatts, making it one of the largest production plants for solar
modules. At the beginning of 2007, production also started in Santa
María de Palautordera (Spain) with an annual capacity of 10 MW. The
Company generated revenue of EUR 130,4 million in 2006 with around
320 staff. Since July 2006, aleo solar AG (DE000A0JM634) has been
listed in the Frankfurt Stock Exchange´s Prime Standard. The
Company´s acquisition of an equity interest in the Brandenburg-based
technology enterprise Johanna Solar Technology GmbH has given it
access to the promising future thin-film technology.


end of announcement euro adhoc 11.06.2007 08:19:51
--------------------------------------------------------------------------------


ots Originaltext: aleo solar AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Franz Nieper or Yvonne Meyer
Investor Relations, Legal & Compliance
Tel.: +49 441-21988-77
E-Mail: Invest@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
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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