BB's Stock Haven

[El Mago]

Qtww/Asola ---- Winners in SOLAR Market ...... UNDERVALUE

Quantum, Asola to get $500M in solar cells from ERSOL, Irvine, Calif.-based Quantum Fuel Systems Technologies Worldwide (Nasdaq: QTWW) said today that its German solar strategic partner, Asola Advanced and Automotive Solar Systems, signed a 10 year supply contract with ersol Solar Energy. Quantum said the agreement guarantees the supply of 155 megawatts of silicon photovoltaic solar cells to Quantum and Asola starting in 2008, with the value of the contract estimated to exceed $500 million. "This photovoltaic cell purchase agreement positions Quantum and our strategic partner, Asola, for expansion into fast-growing renewable energy markets in Europe and California," said Alan Niedzwiecki, president and CEO of Quantum.

---------------------------------------
--------------------- Quantum and German Solar Partner Asola Awarded $135 Million Contract to Supply Solar Modules, IRVINE, Calif., March 5 /PRNewswire-FirstCall/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) today announced that its German solar partner, Asola Advanced and Automotive Solar Systems GmbH, has been awarded a contract by AS Solar GmbH 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 state-of-the-art 270 Watt and 230 Watt modules to AS Solar for installations primarily in Spain. AS Solar is a leading German integrated solar energy systems company with a strategic focus on Germany, Italy, and Spain. 'Asola is pleased to be selected by AS Solar to be its long-term supplier supporting their growing portfolio of European projects,' said Asola's founder and CEO, Reinhard Wecker. 'Our state-of-the-art, high-efficiency modules and high-quality module production processes were key to meeting all of AS Solar's rigorous requirements for these projects.'