aleo solar AG has announced it plans to expand its market in America assuming that the US will be further relying on renewable energies in the future. In February, President Barack Obama signed the US$787 billion “American Recovery and Reinvestment Act,” which listed strategies to expand the solar energy market.
The act is designed to stimulate public transport, energy production and other infrastructure projects in the US, while solar installations have been given tax breaks and direct investment subsidies of up to 30%.
“Even in 2009, the US market is likely to more than double in size to at least 700 mW. By 2010 at the latest, the US solar market will really get into gear,” said Jakobus Smit, aleo solar’s CEO, “We will be present in the United States’ key photovoltaic regions, supply high-yield modules and provide American installers with services ranging from system design and layout to marketing support, in order to enable optimum system performance.”
aleo solar AG, a German company, has had a presence in North American sales since 2006, but only recently has been expanding. Just recently, the company has supplied 325kW of solar modules involving private consumer installations and industrial rooftop plants in California and Mexico.