EANS-News: aleo solar AG / aleo solar AG supplies 24,000 modules for 5.5 megawatt solar farm in Italy

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Company Information

Prenzlau/Oldenburg (euro adhoc) - aleo solar AG has supplied the
solar modules for a 5.5 megawatt solar farm in Italy for one of the
largest open-area projects in the company´s history to date.
Approximately 24,000 avim a_18 type modules have been installed in
Corinaldo (in the province of Marches). The modules are manufactured
by avim solar production Co. Ltd. in Gaomi, China, a joint venture
company of aleo solar AG. The open-area solar power plant with a
proprietary installation system using screw anchors has been
supplying the public grid of the electricity provider Enel since 4
November 2010.

The plant is expected to generate an annual yield of 7,200,000
kilowatt hours. This is equivalent to an annual consumption of more
than 2,400 four-person households in Italy. This prevents 3,800 tons
of harmful CO2 from being emitted each year. The Ancona Solare S.r.L.
solar farm was built by one of Italy´s leading solar energy
companies: General Building S.p.A. of Polverigi has already installed
photovoltaic power plants with a total output exceeding 25 megawatts.
The German company IFE Eriksen AG has invested roughly EUR 22 million
in the power plant through a holding company which is half-owned by
the Eriksen Group.

The modules produced in our joint venture are specifically tailored
to meet the requirements of large-scale projects. In addition, the
modules are specially produced for the Asian and North American
markets. Up to now, we have exclusively been offering avim modules at
special conditions for large-scale projects such as this´, emphasises
Norbert Schlesiger, board member of (CSO) aleo solar AG.

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

Further inquiry note:

Hermann Iding

Head of Corporate Communications

Tel.: +49 (0)441-21988-390

E-Mail: Invest@aleo-solar.de

Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Prime All Share, Technology All Share
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