German photovoltaic module manufacturer Aleo Solar recently announced that it will gradually shut down its production line in Prenzlau, Brandenburg. This decision marks the company’s choice to orderly exit the German market in the face of industry challenges. According to a company spokesperson, the production line will officially close in the coming months, directly affecting approximately 110 employees. The company has pledged to support them through social programs and career reorientation initiatives to help mitigate the impact of this decision on their lives.
The closure of the Prenzlau production line is a significant blow to Aleo Solar and further underscores the severe challenges facing the global solar industry.
