MB PERC success story continues unabated: Meyer Burger awarded contracts totalling around CHF 80 million for MB PERC upgrade cell technology from two PV customers in Asia
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful conclusion of two orders with existing Asian customers for its MAiA 2.1 technology platform with the mass production scalable MB PERC technology.
Both of these orders are second instalments to contracts with leading manufacturers of both mono and multi crystalline solar cells which Meyer Burger published on // http://r.newsbox.ch/d10/sh/rd173665/p13066/c14361/strong-demand-for-mb-perc-upgrade-cell-technology-continues-meyer-burger-awarded-first-order-for-ab 1 March and // http://r.newsbox.ch/d10/sh/rd173666/p13066/c14361/continued-success-for-mb-perc-meyer-burger-awarded-further-contract-for-around-chf-15-million-from 20 March 2017 respectively. With these second instalments, the two customers have ordered a total of CHF 120 million in MAiA equipment this year representing more than 7 GW of PERC capacity. Around one third of the equipment ordered is for the PERC upgrade of existing cell production capacity and the remaining two thirds are for additional cell production capacity.
With PERC technology, cell efficiency can easily be increased by 1% absolute or more. For example, a cell efficiency of 19% increases with PERC to 20% and more. Hans Brändle, CEO of Meyer Burger Technology Ltd, stated: “The increase of about 1% in cell efficiency seems like a small step but it is very significant for the PV industry enabling further reductions in the cost per Watt (Wp). The fact that two leading PV manufacturers have already ordered a total of more than 7 GW of MB PERC in 2017 clearly demonstrates that technology drives the photovoltaic industry. We are proud to be the trusted technology partner for the leaders in the PV industry.”
Delivery and commissioning of the equipment will take place in the second half of 2017. In order to meet the increased market demand, Meyer Burger will temporarily increase production capacity for MAiA 2.1 equipment. Hans Brändle added: ”With the return to profitability as our top priority, we remain committed to stringently managing our cost structure.”
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Meyer Burger Technology AG
Meyer Burger is a leading global technology company specialising on innovative systems and processes based on semiconductor technologies. The company's focus is on photovoltaics (solar industry) while its competencies and technologies also cover important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. Over the past ten years, Meyer Burger has risen to the forefront of the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.
Meyer Burger's offering in systems, production equipment and services along the photovoltaic value chain includes the manufacturing processes for wafers, solar cells, solar modules and solar systems. Meyer Burger provides substantial added value to its customers and clearly differentiates itself from its competitors by focusing on the entire value chain.
The company's comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, Malaysia, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The company is also working intensively to develop new markets such as South America, Africa and the Arab region. The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange (Ticker: MBTN).