New customers for aleo solar AG in the Czech Republic09.01.2009 | Press
aleo solar AG today announced that it is expanding its European sales into the Czech Republic, which offers attractive market conditions for this solar power systems provider and manufacturer of premium solar modules. Several photovoltaic facilities have been completed in recent weeks in partnership with project development and installation companies.
In Northern Bohemia, a greenfield system rated at 366 kilowatts went online in mid-December near the town of Roudnice nad Labem. A number of installers were also supplied with materials for rooftop facilities.
Jakobus Smit, CEO of aleo solar AG, believes that there is great potential on the Czech photovoltaic market: "The Czech Republic is offering attractive conditions with a feed-in tariff of EUR 0.53/kWh (CZK 13.46) guaranteed for 20 years. 2009 will also see payouts of approx. EUR 0.50/kWh. Government support for renewable energy is providing consumers with the solid investment security they require." Smit thus sees a bright future ahead for aleo solar AG in the region: "The development of attractive conditions for photovoltaics in the Czech Republic is a positive influence on Eastern Europe. Increasing our sales operations in Eastern Europe will provide additional momentum for our overseas business in the coming years."
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 the company (DE000A0JM634), which was originally founded in 2001 and has been listed on the stock exchange since 2006. The premium manufacturer currently has approximately 800 employees and is represented in the key photovoltaic markets in Europe. The aleo solar group has an annual production capacity of 280 megawatts at its plant in Prenzlau, Germany. The company generated a turnover of € 279.9 million in 2012.
aleo solar AG
Dr. Hermann Iding
26122 Oldenburg Germany
T +49 (0) 441 219 88 - 0
F +49 (0) 441 219 88 - 120