DENVER, Feb. 6, 2013 /PR Newswire/ -- Securing financing is often the most challenging aspect of project development in today's solar market.
As part of the companies' continuing expansion in the North American market, aleo solar® and Bosch Solar Energy North America have organized more than $100 million of immediately available funding for select commercial and residential solar projects within the continental United States.
Zero-down financing opportunities are available for approved commercial projects sized at 50kW or more, as well as for residential projects valued at $50,000or less.
'Making solar affordable is today's biggest challenge,' said Shane Messer, Executive Vice President of Sales & Marketing/General Manager at aleo solar®North America. 'We are dedicated to supporting our dealer partners in finding solutions to the challenges they face.'
These financing options are available exclusively through the aleo Power Network and through the Bosch Solar Energy PowerPro network. For details on these financing opportunities or to become part of the aleo Power Network (aPN) or Bosch Solar Energy PowerPro network, contact aleo solar® at 1-866-411-ALEO [1-866-411-2536].
About aleo solar
aleo solar AG produces and distributes premium solar modules and systems for the international photovoltaic market. Since 2009, the Bosch Group has owned a majority of the company (DE000A0JM634), which was originally founded in 2001 and has been listed on the stock exchange since 2006. The premium manufacturer currently has 903 employees and is represented in the key photovoltaic markets all over the world. The aleo solar group has an annual production capacity of 280 megawatts at its plant in Prenzlau, Germany. The company generated revenue of € 279.9 million ($ 363.9 million) in 2012.
About Bosch Solar Energy
The Bosch Group's Solar Energy division is a leading supplier of photovoltaic products. From small-scale plants for family homes to finished large-scale photovoltaic projects, Solar Energy offers high-quality solar cells and modules for photovoltaic power generation. The division also develops top-quality turnkey solar power plants. In this area, Solar Energy handles the building of solar power plants, from initial planning to turnkey handover. Together with its subsidiaries, Solar Energy employs more than 3,200 associates worldwide.
The Bosch Group is a leading global supplier of technology and services, active in the fields of automotive technology, energy and building technology, industrial technology, and consumer goods. According to preliminary figures, more than 306,000 associates generated sales of 52.3 billion euros ($67.2 billion) in 2012. Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.
SOURCE Bosch Solar Energy