aleo solar AG supplies 10,000 Modules for Italian Solar Farm

aleo solar AG supplies 10,000 Modules for Italian Solar Farm
Corinaldo, Italy October 21, 2009

aleo solar AG today announced that it has supplied solar modules for a 2.3 MW solar farm in Corinaldo, Italy. Around 10,000 aleo S_18 modules have now been installed in this farm in Italy's Marche region.

Connected to the national grid in mid-September, the greenfield solar power plant has a fixed mounting system and is designed to produce around 3,000,000 kilowatt hours annually.

The Corinaldo project has been developed and constructed by General Building S.p.A, one of Italy's leading solar energy companies. Based in Ancona, the company has installed photovoltaic plants with a total rated output of more than 3 MW to date. "We have seen excellent yields from facilities built using modules from aleo solar, so we naturally used aleo solar modules again for the Corinaldo project," comments Marco Maracci, CEO of General Building. "The durability and reliability of these premium modules are the very best guarantee that we can give our investors." The project investor is E-Production, a member of the Pohl Group. Active in the renewables industry, the company's planned investments in this sector also include the installation of approximately 25 MW of plants in Apulia and a number of other Italian regions.

"Our modules are not only in demand for rooftop applications but also for large scale installations, where investors take especial care to assess the performance and durability of the plants they invest in," comments Giovanni Buogo, Director Sales, aleo solar Italia S.r.l. Investment security is also ensured by the fact that aleo modules are supplied by one of Europe's largest and most experienced solar module manufacturers.

aleo solar AG produces and sells solar modules using silicon cells. It also provides whole solar systems to the global photovoltaic market. The company was founded in 2001 and has been listed in the Frankfurt Stock Exchange’s Prime Standard since 2006 (DE000A0JM634). The aleo solar Group currently employs 709 staff. Its manufacturing facilities in Prenzlau (Germany) and two more production sites in Spain and China have an annual capacity of 250 megawatts. The company generated revenue of EUR 360.5 million in 2008.

Source: aleo solar

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