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Meyer Burger awarded further contracts of about CHF 22 million from an Asian customer for its MB PERC cell technology on the MAiA® platform and its SiNA® cell coating equipment
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has concluded further contracts with an existing Asian customer for its SiNA® system for front side cell coating and it industrialized MAiA® 2.1 system with the mass production scalable MB PERC technology. With Meyer Burger’s high-performance MAiA® for rear side passivation coating and SiNA® for front side anti-reflection coating, the customer plans to upgrade and further expand its production volume of high efficiency PERC cells. As the market leader in the field of PERC, Meyer Burger is growing its market share by supporting its customers with innovative technology solutions for front and rear side cell coating.
The combined contract volume of the orders amounts to about CHF 22 million with revenue recognition expected in 2018.
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