Aleo Solar
Encyclopedia
aleo solar AG produces and distributes premium solar modules and systems for the international photovoltaic market. Since 2009, the Bosch Group has owned a majority of aleo solar AG (DE000A0JM634), which was originally founded in 2001 and has been listed on the stock exchange since 2006. As a premium manufacturer with 906 employees, aleo solar maintains a strong global presence with subsidiaries active in all important photovoltaic markets. Its main plant in Prenzlau, Germany and two additional plants in Spain and China provide the aleo solar group with an annual production capacity of 250 megawatts, which will be increased to 390 MW by the end of 2011. In 2010, the company's turnover amounted to € 553,5 million.

Company

The company was founded in 2001 as S.M.D. Solar-Manufaktur Deutschland GmbH & Co.KG in Prenzlau
Prenzlau
Prenzlau , a city in the Uckermark District of Brandenburg in Germany, had a population of about 21,000 in 2005.-International relations:Prenzlau is twinned with: Uster, Switzerland Barlinek, Poland Świdwin, Poland...

 and started in August 2002 with the production of solar modules.
In 2005 the S.M.D. was renamed in aleo solar AG and aleo solar GmbH in aleo solar Deutschland GmbH. The company went public in July 2006 and is listed on the Frankfurt Stock Exchange
Frankfurt Stock Exchange
The Frankfurt Stock Exchange is the world's 12th largest stock exchange by market capitalization. Located in Frankfurt am Main, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse, which also owns the European futures exchange Eurex and the clearing company...

 (ISIN: DE000A0JM634). Bosch
Robert Bosch GmbH
Robert Bosch GmbH is a multinational engineering and electronics company headquartered in Gerlingen, near Stuttgart, Germany. It is the world's largest supplier of automotive components...

 secured a majority stake in the company in 2009. aleo solar owns 9,23% of the Johanna Solar Technology GmbH; today Bosch Solar CIS Tech GmbH, headquartered in Brandenburg
Brandenburg
Brandenburg is one of the sixteen federal-states of Germany. It lies in the east of the country and is one of the new federal states that were re-created in 1990 upon the reunification of the former West Germany and East Germany. The capital is Potsdam...

.

Facilities

Locations of aleo solar or subsidiary companies are, in addition to the production in Prenzlau
Prenzlau
Prenzlau , a city in the Uckermark District of Brandenburg in Germany, had a population of about 21,000 in 2005.-International relations:Prenzlau is twinned with: Uster, Switzerland Barlinek, Poland Świdwin, Poland...

 the administrative headquarters in Oldenburg
Oldenburg
Oldenburg is an independent city in Lower Saxony, Germany. It is situated in the western part of the state between the cities of Bremen and Groningen, Netherlands, at the Hunte river. It has a population of 160,279 which makes it the fourth biggest city in Lower Saxony after Hanover, Braunschweig...

 (Lower Saxony
Lower Saxony
Lower Saxony is a German state situated in north-western Germany and is second in area and fourth in population among the sixteen states of Germany...

).
Furthermore there is a production at Santa Maria de Palautordera
Santa Maria de Palautordera
Santa Maria de Palautordera is a municipality in the comarca of the Vallès Oriental in Catalonia, Spain....

 (Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

, north of Barcelona
Barcelona
Barcelona is the second largest city in Spain after Madrid, and the capital of Catalonia, with a population of 1,621,537 within its administrative limits on a land area of...

) and through the 9,23% holding in Johanna Solar Technology GmbH in Brandenburg an der Havel. The company has established its own sales subsidiaries in Spain, Italy and the USA and has opened sales offices in Greece, France, Australia, Great Britain and Belgium. aleo solar has also secured an outstanding position in the Asian growth markets via its joint venture avim solar production Co. Ltd.

Board

  • York zu Putlitz, Chief Executive Officer (CEO)
  • Dr. Jens Sabotke, Chief Technical and Development Officer (CTO)
  • Norbert Schlesiger, Chief Sales Officer(CSO)

Awards

In June 2006, the aleo solar s_16 became best in test of Stiftung Warentest
Stiftung Warentest
Stiftung Warentest is a German consumer organisation and foundation involved in investigating and comparing goods and services in an unbiased way. It was founded on 4th. December 1964 by the Federal Republic of Germany as an independent foundation under civil law. It is based in Berlin.- Aims and...

.
The German magazine Öko-Test (Edition 4/2010) awarded the aleo s_18 with the distinction “Very Good”.

See also


External links

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