ENERGY - Asola Solar Power GmbH

Asola Solar Power GmbH ("Asola") is a highly successful, established solar module manufacturer based in Erfurt, Germany.  The company designs, assembles, and sells high quality solar modules for a range of applications, including roof mounted solar systems for residential houses and commercial buildings and ground mounted systems for solar farms.  Asola is one of the few companies with the technical capability to make complex solar modules for car roof systems, and developed the innovative solar roof that is being incorporated in the Fisker Karma.

Asola is the winner of the prestigious "2009 World Growth Leadership Award in Advanced Mobile Solar Technology" by Frost & Sullivan Global Research Platform, based on their Best Practices research, for excellence in capturing the highest annual compound growth rate for the last three years. Asola has longstanding relationships with a core number of European wholesalers and system integrator customers who are keen to buy more Asola modules based on the quality of their products and the reliability of their service.  Unlike many competitors, Asola uses total quality control techniques also applied in the automotive industry in its manufacturing process, resulting in superior solar modules with tighter power tolerances and better long term performance than rival products.

Asola has an experienced management team led by Reinhard Wecker, the founder of the business, who has over 20 years of experience in the PV sector.  The team has an exciting, well developed growth plan for the business.

Quantum Technologies owns a 24.9% interest in Asola.

For further information on Asola please visit http://www.asola-power.com/en/