Oldenburg/Prenzlau, 19 April 2011, Even though it is only the first quarter of 2011, aleo solar AG [ISIN: DE000A0JM634] has already sold modules amounting to a nominal output of 400 kilowatts in Israel. In comparison: In 2009 and 2010, aleo solar installed about 500 kilowatts for Israeli customers. It's clear that Germany's premium module manufacturer is continuing to grow internationally.
Solenergy Ltd., aleo's partner in Israel, primarily installs solar panels on the roofs of rural cooperative communities like kibbutzim and moshavim as well as on other agricultural buildings. According to Solenergy's Managing Director, Amit Leventer, "in Israel, qualities like dependability as well as high yields are decisive factors for end customers - this is why we're working together with aleo solar." Norbert Schlesiger, CSO of aleo solar AG, added that: "we not only guarantee high quality products, but also direct, personal contact - we provide comprehensive support to our specialist dealers covering everything from system layout to marketing."
In 2010, a total of 25 megawatts were installed in Israel. Israel is also an ideal market for photovoltaic technology: Each nominal output kilowatt generates 1,600 kilowatt hours in a year. In addition, the feed-in tariff for solar energy is giving a boost to the Israeli photovoltaic market. Small systems (less than 15kW) bring in €0.38 per kilowatt hour over 20 years – large systems (more than 15kW) bring in €0.30 per kilowatt hour over 20 years. Additionally, the Israeli government has changed its regulations to remove the quantitative limit that had been placed on the installation of small photovoltaic systems with an output of up to 50kW.
Source: aleo solar AG