May 27, 2008

Erfurt, Germany: ersol Signs Solar Cell Supply Contract with aleo Solar

ersol Solar Energy AG today concluded a cell supply contract with aleo solar AG. The contract quantity amounts to about 250 MWp.

Crystalline silicon solar cells are to be supplied to Prenzlau module producer aleo solar over a period of 12 years starting in 2008. The conclusion of this latest contract marked an increase in ersol's order book for solar cells to well over € 3 billion.

"We are pleased to have been able to acquire aleo solar as a new major customer for our solar cells. With the pricing in today's contract we believe that this puts our new customer in a position to be able to offer competitive products on the market," said Dr Claus Beneking, ersol CEO, following the contract signing.

"With ersol as a cell supplier we are above all building on a quality partnership. We value ersol's high-quality, high-performance crystalline solar cells, with which we will now be equipping our modules," said Heinz Willers, COO at aleo solar AG.

Further details about: ersol Solar Energy AG and aleo solar AG