aleo solar AG

Major orders from Spain

Endesa and Gamesa purchase aleo modules for over €20 million

@@start.t1@@--------------------------------------------------------------------------------   ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for   the content of this announcement. --------------------------------------------------------------------------------@@end@@

Oldenburg/Prenzlau (euro adhoc) - The solar module specialist and systems supplier aleo solar AG has won additional major orders in Spain: the company will deliver solar modules worth over EUR20 million in total to the renewable energy group Gamesa Solar S.A. and the utility Endesa EnergĂ­a S.A., the bulk of which will be delivered in the course of 2007. These orders underscore the significance of photovoltaic installations, which the Spanish government is subsidizing in order to promote the establishment of solar electricity plants in Spain. Since a portion of the orders will already be recognised in income in December, the previous 2006 revenue target of EUR116 million can be taken to have been more than met. "We identified these trends in Spain early on and are excellently positioned for future growth in sunny southern Europe with our new production facilities in the Barcelona area and with our Spanish sales organisation", said Heiner Willers, member of aleo solar AGÂ’s Management Board. "We are certain that we will be able to win additional major market players in southern Europe as customers in the coming months". Germany also recorded a jump in the module business towards the year-end: "It is becoming clear that our project-specific and customer-specific pricing policy and our sales focus on installation companies allow us to react rapidly to market changes and be successful", said Jakobus Smit, the second aleo solar AG Management Board member. The inventories built up over the third quarter will be reduced significantly by yearÂ’s end.

@@start.t2@@end of announcement                                                 euro adhoc 12.12.2006 12:01:01

ots Originaltext: aleo solar AG
Im Internet recherchierbar:

Further inquiry note:
Franz Nieper
Investor Relations, Legal & Compliance
Telefon: +49(0)441-21988-77

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-WĂĽrttembergische Wertpapierbörse / free trade
              Börse DĂĽsseldorf / free trade
              Bayerische Börse / free trade

Weitere Meldungen: aleo solar AG

Das könnte Sie auch interessieren: