aleo solar AG (ISIN: DE000A0JM634) will close its plant in the Spanish village of Santa Maria de Palautordera by the end of this year, at the latest. The Supervisory Board of aleo solar AG has approved the corresponding decision of the Management Board. "Against the background of global overcapacity and ongoing price war on the photovoltaic market, the ultimate objective is to utilise our capacity of 280 megawatts in Prenzlau. We have to concentrate the production of aleo modules at our main plant", says York zu Putlitz, Chief Executive Officer and Chief Financial Officer of aleo solar AG.
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