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Meyer Burger receives order for DW 288 Series 3 diamond wire cutting technology for about CHF 8 million from existing European customer

Meyer Burger receives order for DW 288 Series 3 diamond wire cutting technology for about CHF 8 million from existing European customer

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An existing PV customer located in Europe has awarded Meyer Burger a contract for about CHF 8 million for the delivery and installation of the newest generation DW 288 Series 3 diamond wire cutting saws. Delivery and commissioning of the equipment is scheduled to start as of the second quarter of 2017. Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) recently announced that it has concluded an important contract for its industry leading DW 288 Series 3 diamond wire cutting platform. The existing European customer selected Meyer Burger’s newest generation diamond wire cutting technology in order to increase its production volume of high quality solar wafers at sustainably reduced manufacturing costs.

The contract volume is about CHF 8 million and includes the delivery, installation and commissioning as well as service support and on-site training for the DW 288 Series 3 diamond wire cutting platform. Delivery of the equipment is expected to start as of the second quarter 2017.

Anand Gupta Editor - EQ Int'l Media Network

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