Asola Wins Solar Module Supply Contract From AS Solar

Quantum Fuel Systems Technologies Worldwide’s German solar partner, Asola Advanced and Automotive Solar Systems, has been awarded a contract by AS Solar for the supply of high-efficiency silicon photovoltaic solar modules.

The value of this contract is estimated at $135 million over a three-year period, beginning in 2008, and subject to final negotiations on quantity and price in 2009 and 2010.

Asola will supply its 270W and 230W modules to AS Solar for installations primarily in Spain.

Reinhard Wecker, Asola’s founder and CEO, said: “Asola is pleased to be selected by AS Solar to be its long-term supplier supporting its growing portfolio of European projects. Our high-efficiency modules and high-quality module production processes were key to meeting all of AS Solar’s rigorous requirements for these projects.”