Aleo Solar AG, a German-based PV module manufacturer and developer, said Friday that it is withdrawing from the U.S. market and dissolving Aleo Solar North America, based in Denver.
In a short statement, the company said the move was triggered by the fact that despite a year-on-year increase in sales, the company's operations in the United States failed to meet recent sales targets.
It said its U.S. operations were not operating profitably.Note: German.
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Naysayers won't have time to read this, but this is probably the best first-person story ever written explaining why single home solar energy will never work. [Note: "never" = in my investing lifetime.]
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