Aleo Solar (Other OTC: AEORF) has negotiated a distribution deal with German thin-film solar module manufacturer Johanna Solar Technology. The five year agreement gives Aleo distribution rights for up to 80% of Johanna's thin-film solar modules. Aleo is widely recognized and well established in the manufacturing and marketing of solar technology.
Jeroen Haberland, executive director of Johanna Solar Technology, indicates confidence in Aleo Solar's marketing capabilities as the two companies set the stage for debut of Johanna's thin-film technology at the 22nd European Photovoltaic Solar Energy Conference in Italy this September. Haberland stated, "We are glad to have in Aleo Solar a long-established company on our side."
Aleo Solar has been growing steadily in both Germany and Spain with indications being that the company is proving itself by stepping outside the boundaries of their subsidized German environment. This gives credence to the idea that solar technologies are forcefully coming into their own age and that solar energy will continue to develop as a workable and profitable energy provision solution. Just this past May, Aleo announced the opening of a new production facility near Barcelona Spain by its subsidiary, Aleo Solar España. In 2006, Aleo was responsible for providing and assisting in the installation of 64 megawatts of solar electrical generation capacity in Spain.









