Thursday, February 28, 2008

Aleo Solar, Sunvim Form Venture to Build Module Plant in China

By Nicholas Comfort

Feb. 22 (Bloomberg) -- Aleo Solar AG, a German maker of solar-energy products, will form a joint venture with Sunvim Group Co. Ltd. to build a production plant for modules in Gaomi, in the Chinese province of Shandong.

The Chinese plant will have an initial capacity to produce equipment with 50 megawatts of potential, Oldenburg, Germany- based Aleo Solar said in a statement on the PR Newswire today.

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