More than 25 MW of PV module contracts signed for Europe in 2009, says aleo solar



German manufacturer aleo solar has already signed 25 MW worth of solar PV module contracts with a number of European customers for 2009. The company says it has deals with specialist dealers, installers, and solar technology specialists in core markets throughout the continent.

Heiner Willers, a member of aleo solar’s management board, stated that the company is “already in a position to forecast that this trend is likely to continue in 2009, even though the larger digression in the feed-in tariff, which is scheduled to kick in at the turn of the year, will be a challenge for all market participants in Germany.”

International demand continues to be strong, he noted. “Italy, Belgium, France, Greece, and the Czech Republic are developing very well.”

The company cites a shift towards smaller- and medium-sized rooftop installations in Europe, and the increasing attractiveness of PV installations for safety-conscious investors. Further support for investments in solar electricity systems is also provided in Germany by KfW Bank’s loan offerings.

The company recently announced that it would surpass its 2008 sales target of €330 million and that it expects total sales for 2009 to exceed €380 million.

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