Aleo Solar’s Module Factory in Prenzlau, Germany
Image: Aleo Solar
The German PV module manufacturer Aleo Solar, a unit of the Taiwan-based solar supplier Sino-American silicon, said it will close the production lines in its factory in Prenzlau, Brandenburg, as part of an “orderly fasemas”. A spokesperson for the company told PV -Magazine That Aleo intends to close the facility in the coming months.
Local newspaper Nordkurier Has reported earlier that many employees had already received termination messages, with standard reporting periods for long -term staff that runs until the end of June. Aleo Solar has now confirmed that the closure will meet around 110 employees. It noted that they will receive support through a social plan and professional reorientation.
Aleo Solar said it is planning to gradually settle production and use remaining production sources. The factory produces specialized solar modules for niche markets, but the company said that sustainable overcapacity in China and a global price war have not made competitive production viable – challenges that other German module manufacturers have forced to stop production in the past year.
“This decision was not easy for us, but it reflects the current reality of the solar industry,” said William Chen, CEO of Aleo Solar. “We are one of the last German manufacturers in this segment with a 25-year history, who overcome the first major solar crisis. We would like politicians to have taken timely measures to strengthen European solar production. “
After production ends, Aleo Solar said that a core team will handle the strategic reorientation of the company. It did not specify the size of the team or gave details about what the reorientation will entail.
Aleo Solar, founded in 2001, started the PV module production in Prenzlau in 2002. In 2009, Bosch acquired a majority stake in the company, but later closed its solar division. Aleo Solar was then sold to a consortium of Asian investors led by Taiwan’s Sunrise Global Solar Energy, a subsidiary of the Sino-American Silicon Products Group.
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