Arise Technologies hat mit Aleo solar einen neuen Liefervertrag abgeschlossen. AB SOFORT sollen bis 2012 90MW Solarzellen in Bischofswerda für aleo solar produziert werden. Aleo solar ist ein deutscher Premiumhersteller von Solar-Modulen.
Und hier die offiziele Mitteilung:
ARISE Technologies Signs Five-Year Contract to Supply PV Cells to aleo solar
Wednesday April 30, 5:00 pm ET
WATERLOO, ON, April 30 /CNW/ - ARISE Technologies Corporation (TSX: APV and Frankfurt: A3T), which is dedicated to becoming a leader in high-performance, cost-effective solar technology, today announced that its wholly owned subsidiary, ARISE Technologies Deutschland GmbH (ARISE Germany), has signed a five-year contract to supply photovoltaic (PV) cells to aleo solar AG of Germany.
Under the terms of the agreement, commencing this quarter through 2012, ARISE Germany will supply aleo solar with 90 megawatts of PV cells. ARISE Germany will produce the PV cells at its new plant in Bischofswerda, Germany, which began commercial production last week. The contract's payment terms are in line with market expectations from both parties.
"This is a significant PV cell supply contract for us," noted Chris Waters, ARISE's Vice-President, Business Development. "We believe that the fact that our new plant is now in commercial production will further our efforts to sign additional major supply contracts over time, firmly establishing ARISE as a leader in the solar technology industry. aleo solar is the sort of strong partner with which we want to establish long-term, mutually beneficial relationships. aleo solar is expanding rapidly in its domestic German market and internationally in growth markets such as Spain and Italy. This agreement provides ARISE with access to these markets and sets the stage for our own rapid growth."
About ARISE Technologies
ARISE Technologies Corporation, based in Waterloo, Ontario, is dedicated to becoming a leader in high-performance, cost-effective solar technology. The company operates through three divisions. The PV Cell Division manufactures PV (photovoltaic) cells at its first manufacturing plant opened in April 2008 in Bischofswerda, Germany. The division is developing proprietary technology with a target of achieving a step-by-step progression to a high-efficiency level of greater than 20 percent. The PV Silicon Division is using a proprietary method to produce silicon at 7N+ high-purity (99.99999 percent purity) for PV applications, based on a simplified chemical vapour deposition process. The division is focusing on scaling up its process to provide ARISE with control over its supply, costs, and quality. The PV Systems Division provides complete turnkey PV solutions for solar farms and rooftop installations under the Ontario standard offer program.
The company's shares are listed on the Toronto Stock Exchange under the symbol APV and on the Frankfurt Open Market Exchange under the symbol A3T. Additional information is available at www.arisetech.com and www.sedar.com.
About aleo solar AG
aleo solar AG, with sales operations in Oldenburg (Lower Saxony) and manufacturing facilities in Prenzlau (Brandenburg), was formed in September 2001 and produces solar modules using silicon cells. Its facility in Prenzlau has an annual capacity of 90 megawatts, which will be increased to 170 megawatts by the end of 2008. At the beginning of 2007, production also started in Santa Maria de Palautordera (Spain), with an annual capacity of 10 megawatts. The Company generated revenue of EUR 242.1 million in 2007 with 555 staff. Since July 2006, aleo solar AG has been listed in the Frankfurt Stock Exchange's Prime Standard (DE000A0JM634). The Company's acquisition of a 19% equity interest in the Brandenburg-based technology enterprise Johanna Solar Technology GmbH has given it access to the promising future technique of thin-film technology. Since the beginning of 2008, aleo solar AG has also had a 50% interest in avim solar Co. Ltd., a joint venture with Sunvim Group Co. Ltd. that is establishing a solar module production facility in China.
Forward-Looking Statements
Certain statements in this news release may be considered to be forward-looking. Such statements are based on management's current expectations, estimations, and assumptions based on experience, trends, and other factors that are subject to the significant risks and uncertainties described in our regulatory filings. Please refer to these. Such risks and uncertainties may include, but are not limited to, the effects of general economic conditions, changing foreign exchange rates, actions by government authorities, uncertainties associated with legal proceedings and negotiations, industry supply levels, competitive pricing pressures and misjudgments in the course of preparing forward-looking statements. ARISE assumes no obligation to update any forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
For further information
ARISE Technologies Corporation, 65 Northland Road, Waterloo, Ontario, Canada, N2V 1Y8, Dave Chornaby, Chief Financial Officer (519) 772-5732, dave.chornaby@arisetech.com, www.arisetech.com, TSX: APV, ADAX: A3T
aleo solar AG, Osterstr. 15, 26122 Oldenburg, Germany, Franz Nieper, Investor Relations, +49 (0) 441 219 88 - 770, franz.nieper@aleo-solar.de, www.aleo-solar.de, FRA: AS1
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