Aleo
chief
executive
York
zu
Putlitz
says
the
20MW
plant
in
the
Spanish
village
of
Santa
Maria
de
Palautordera
will
be
shut
down
by
the
end
of
the
year,
affecting
nearly
100
workers.
“The
only
alternative
to
closure
would
have
been
a
substantial
increase
in
the
capacity,”
zu
Putlitz
adds,
but
says
such
a
move
does
not
make
sense
in
the
current
environment.
“Against
the
background
of
global
overcapacity
and
[the]
ongoing
price
war
on
the
PV
market,
the
ultimate
objective
is
to
utilise
our
capacity
of
280MW
in
Prenzlau,”
says…
